BREAKING NEWS , Domestic news , NEWS
Pepper market on April 24, 2024, prices decreased slightly
Apr
Domestic pepper prices
Among them, traders in Dak Lak, Ba Ria - Vung Tau and Binh Phuoc are purchasing pepper at the highest price of 97,000 VND/kg.
The transaction level of 97,000 VND/kg continued to be recorded in Gia Lai and Dak Nong provinces.
The current lowest pepper price is 96,500 VND/kg, available in Dong Nai province.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
97,000 |
-1,000 |
|
Gia Lai |
96,000 |
-1,000 |
|
Dak Nong |
96,000 |
-1,000 |
|
BA Ria Vung Tau |
97,000 |
-1,000 |
|
Binh Phuoc |
97,000 |
-1,000 |
|
Dong Nai |
96,500 |
-500 |
World pepper prices
According to an update from the International Pepper Association (IPC) on April 23 (local time), the price of Lampung black pepper (Indonesia) decreased by 0.13%, the price of Brazilian black pepper ASTA 570 and Kuching black pepper (Malaysia). ) ASTA remains stable compared to April 22.
|
Type name |
World black pepper price list (Unit: USD/ton) |
||
|
April 22 |
April 23 |
% change |
|
|
Lampung black pepper (Indonesia) |
4,578 |
4,572 |
-0.13 |
|
Brazilian black pepper ASTA 570 |
4,450 |
4,450 |
0 |
|
Kuching black pepper (Malaysia) ASTA |
4,900 |
4,900 |
0 |
At the same time of the survey, Muntok white pepper prices decreased by 0.13%, while Malaysian ASTA white pepper prices had no new adjustments.
|
Type name |
World white pepper price list (Unit: USD/ton) |
||
|
April 22 |
April 23 |
% change |
|
|
Muntok white pepper |
6,046 |
6,038 |
-0.13 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
On the world market, Brazil's offered black pepper price increased by 37.6% in the first quarter of the year, while Indonesia and Vietnam increased by 13% and nearly 8%, respectively.
Similarly, the price of black pepper in Vietnam's domestic market in the first quarter also increased by 16 - 18.6% to 92,500 - 96,000 VND/kg, the highest level in the past 7 years. Then the price was adjusted down to 89,000 - 92,000 VND/kg in the first half of April, but still about 40% higher than the same period last year.
The Vietnam Pepper and Spice Association (VPSA) forecasts that this year's output is expected to decrease by 10% to about 170,000 tons compared to last year, the lowest level in the last 5 years.
Meanwhile, severe drought, especially in key pepper production areas in the Central Highlands region, may affect the upcoming crop.
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