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Vietnam peppercorn market January 20: The price was stable at 50,000 - 53,000 VND / kg

Whole Black Peppercorn
Vietnam
Published Jan 21, 2021

Tridge summary

Today's pepper prices (January 20) in raw material areas in the Central Highlands and the South remained unchanged at VND 50,000 - 53,000 / kg. Gia Lai pegs the lowest price, Dak Lak pegs the highest price, according to the price list of the Central Highlands News.

Original content

Price movements of pepper in some raw material areas tintaynguyen.com Domestic pepper prices are currently on a downward trend since the beginning of 2021, losing an average of 2,000-3,000 VND / kg. This price is maintained until the end of the season, because the growers sell to cover the costs invested. It is expected that by the second quarter of 2021, when the export is favorable, the demand for goods increases, the speculators will sell them to make a profit. Sources from giatieu.com (pepper prices are updated every 15 minutes) showed that, on the world market, today (January 20, 2021), at Kochi - India, the spot price closed at 34,500 rupees. / quintal; January 21 futures prices rose 35 rupees, or 0.1 percent, to close at 34,985 rupees / quintal. Pepper prices (Kochi - India) giatieu.com Cross-rate of VND to Indian rupees (INR) from 14/01/2021 to 20/01/2021 was applied by the State Bank. The import and export tax calculation application is 316.17 VND / INR, the source of the ...
Source: Vinanet
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