Vietnam: Pepper exports in July 2020 decreased in both quantity and price

Published 2020년 8월 26일

Tridge summary

Vietnam's pepper exports in July 2020 decreased by 11.85% to 18,026 tons and by 21.60% to 44.88 million USD compared to the previous month, and by 20.44% to 184,571 tons and 21.47% to 400.35 million USD respectively compared to the same period last year. The average export price in July increased by 7.98% to $2,490 per ton. The International Pepper Community reported mixed directions of world pepper prices, with changes in Vietnamese and Malaysian pepper prices, a sharp increase in Indonesian black pepper, and concerns about the impact of Sri Lankan pepper imports on Indian pepper growers.

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

Original content

According to preliminary data reported by the General Department of Vietnam Customs, pepper exports in July 2020 reached 18,026 tons of all kinds of pepper, down 2,423 tons, or down 11.85% over the previous month and down 4,967 tons. , ie down 21.60% over the same period last year. The value of pepper export turnover in the month reached 44.88 million USD, down 2.29 million USD, or by 4.85% compared to the previous month and down 13.66 million USD, or 23.34% lower than the previous month. in the same period last year. The accumulated export volume of pepper in the first 7 months of 2020 totaled 184,571 tons of pepper of all kinds, down 15,010 tons, or 7.52% lower than the export volume of the first 7 months of 2019. In terms of export turnover value In the first 7 months of 2020, the total export value is 400.35 million USD, down 109.44 million USD, or 21.47% lower than the same period. Average export price in July 2020 reached US $ 2,490 / ton, up 7.98% compared with the average ...

Source: AgroInfo.vn