Monday, June 27, 2022

Vietnam Pepper market update 27TH June 2022 – Week 26

 






 

The first 17 days of June recorded the highest import volume of China at 1,603 tons, followed by the United Arab Emirates, Singapore and the United States.
The return of Chinese purchases is expected to be a sign of prosperity when the pepper market has been quiet during the past 1.5 months.
According to forecast, the total pepper export output in the first 6 months of Vietnam will reach over 125,000 tons, down 29,000 tons, equivalent to a decrease of 19% compared to the same period in the first 6 months of 2021 (154,038 tons).
A significant reduction when the big market is China imported just over 3.500 tons (down to 90% compared to the same period in 2021 due to the application of zero covid policy at the border).


 



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