Pepper price in Vietnam on January 29, 2024, highest at 83,000 VND/kg

Published Jan 29, 2024

Tridge summary

As of January 29, 2024, pepper prices globally and domestically remained stable. Prices varied across different regions, with Indonesia's Lampung black pepper and Muntok white pepper priced at 3,863 USD/ton and 6,091 USD/ton respectively. Malaysia's Kuching ASTA black pepper was 4,900 USD/ton and ASTA white pepper was 7,300 USD/ton. Brazil's ASTA 570 black pepper was 3,270 USD/ton. In Vietnam, black pepper grades 500 and 550 g/l were priced at 3,900 and 4,000 USD/ton respectively, and white pepper was 5,700 USD/ton. Domestically, the price ranged from 80,000 - 83,000 VND/kg. Global pepper production is projected to decrease by 4.3% in 2023 and by 1.1% in 2024, with Vietnam's output expected to decrease by 10.5% in 2024 compared to 2023.

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

Original content

Pepper prices today January 29 in the world Around the world, the pepper market on January 29 went sideways in all countries. Accordingly, the price of Lampung black pepper in Indonesia is anchored at 3,863 USD/ton. The price of Muntok white pepper in this country is 6,091 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 3,270 USD/ton. In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 3,900 and 4,000 USD/ton, respectively; increased by 200 USD. The export price of white pepper reached 5,700 USD/ton. World pepper prices today remain stable. IPC commented that pepper prices in India, Indonesia, domestically and internationally have all tended to decrease over the past week. According to IPC, global pepper production in 2023 will reach 539 thousand tons, down 4.3% compared to 2022. The ...

Source: Agriculture