Pepper prices in Vietnam today, (October 26, 2023); domestic prices decreased slightly

Published Oct 26, 2023

Tridge summary

On October 26, 2023, pepper prices in the world market slightly decreased in Indonesia but remained stable in other markets. In Vietnam, export prices for black pepper decreased slightly, while white pepper remained unchanged. Domestically, the pepper market saw slight decreases in some regions in Vietnam. The domestic market is at risk of further price declines due to a shift in capital flows towards new crop coffee, decreased import demand, and concerns about general demand for pepper due to conflicts. Vietnam's pepper exports have increased in volume but decreased in value compared to the same period last year, with China becoming the largest export market. Reports predict a 15% decrease in Vietnam's pepper output in 2024.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pepper prices today October 26 in the world Around the world, the pepper market on October 26 decreased slightly in Indonesia but remained unchanged in other markets. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.02%; down to 4,104 USD/ton. The price of Muntok white pepper in this country also decreased by 0.02%; about 6,180 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 remained at 3,100 USD/ton. In Vietnam, export prices of black pepper 500 and 550 g/l are at 3,500 and 3,600 USD/ton, respectively. The export price of white pepper remained at 5,100 USD/ton. World pepper prices decreased slightly in Indonesia and remained stable in other markets. Thus, world pepper prices on October 26, 2023 decreased slightly in Indonesia compared to yesterday. Pepper prices today October 26 in the ...

Source: Agriculture