Vietnam: Pepper prices on September 9, 2023, Dong Nai and Binh Phuoc increased slightly

Published 2023년 9월 9일

Tridge summary

On September 9, 2023, the pepper market worldwide is still decreasing in Indonesia but remaining flat in other countries. The price of black pepper in Lampung, Indonesia, decreased by 0.05%, while white pepper also decreased. Brazil, the second-largest exporter of black pepper, has faced issues with Salmonella bacteria, resulting in a shrinking market share in the US and European countries. Nevertheless, Brazil is promoting pepper exports to other markets and experiencing an increase in average export prices. Meanwhile, domestically in Vietnam, pepper prices have slightly increased in some areas and remained flat in others. Vietnam has also seen a decrease in pepper imports compared to the previous month, with Brazil being the largest supplier. The domestic pepper price in Vietnam currently ranges from 70,500 to 73,500 VND/kg.

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

Original content

Pepper price today is 9/9 in the world Worldwide, the pepper market is still decreasing in Indonesia but flat in other countries. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.05%, to 4,321 USD/ton. The price of Muntok white pepper in this country also decreased by 0.05%; at 6,466 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 2,900 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 continuously decreased in Indonesia and remained stable in other markets. According to records, Brazil is the second largest exporter of black pepper in the world (after Vietnam), but they are encountering problems related to Salmonella bacteria. Therefore, ...

Source: Agriculture