News

Pepper prices in Vietnam on March 16, 2024, maintain stability

Whole Black Peppercorn
White Peppercorn
Vietnam
Market & Price Trends
Published Mar 16, 2024

Tridge summary

As of March 16, 2024, pepper prices in Indonesia have slightly decreased with Lampung black pepper at 4,169 USD/ton and Muntok white pepper at 6,171 USD/ton. Meanwhile, prices in Malaysia and Vietnam remained stable, with Malaysia's Kuching ASTA black pepper at 4,900 USD/ton and white pepper at 7,300 USD/ton, and Vietnam's black pepper grades 500 and 550 g/l at 4,100 and 4,200 USD/ton respectively, and white pepper at 5,900 USD/ton. The domestic market in Vietnam also remained stable, trading around 93,000 - 95,000 VND/kg. The Department of Agriculture and Rural Development of Cu Kuin district is promoting sustainable farming to cope with price fluctuations and epidemics.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Pepper prices today March 16 in the world In the world, the pepper market on March 16 is still slightly decreasing in Indonesia and remaining the same in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.26%; down to 4,169 USD/ton. The price of Muntok white pepper in this country also decreased by 0.26%; at 6,171 USD/ton. Malaysia's Kuching ASTA black pepper price remained stable at 4,900 USD/ton; This country's ASTA white pepper is still priced at 7,300 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper is at 4,400 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 4,100 and 4,200 USD/ton, respectively. The export price of white pepper reached 5,900 USD/ton. World pepper prices today are still decreasing slightly in Indonesia and remaining stable in other markets. IPC commented that this week's pepper market only reported a decrease in Sri Lankan domestic prices. After decreasing for ...
Source: Agriculture
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