Pepper market on May 30, 2024: Strong increase, approaching 130,000 VND/kg
May
Pepper prices today May 30, 2024 in the world are still fluctuating in opposite directions. Domestic pepper prices increased by 5,000 VND, trading at 127,000 - 129,000 VND/kg.
World pepper prices today May 30
In the world, the pepper market on May 30 continued to decrease in Indonesia but remained stable in other countries.
Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.41%; about 5,090 USD/ton. The price of Muntok white pepper in this country also decreased by 0.41%; at 7,382 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 anchored at 5,900 USD/ton.
In Vietnam, export prices of black pepper 500 and 550 g/l increased sharply to 5,400 (up 11.11%) and 5,900 USD/ton (up 15.25%), respectively. The export price of white pepper increased to 8,000 USD/ton (up 10%).
| Pepper type | Price (Unit: USD/ton) | Change |
| Lampung black pepper (Indonesia) | 5,090 | 0.41% |
| Brazilian black pepper ASTA 570 | 5,900 | – |
| Kuching black pepper (Malaysia) ASTA | 4,900 | – |
| Muntok white pepper | 7,382 | 0.41% |
| ASTA Malaysian white pepper | 7,300 | – |
| Black pepper type 500 g/l Vietnam | 5,400 | 11.11% |
| Black pepper type 550 g/l Vietnam | 5,900 | 15.25% |
| Vietnamese white pepper | 8,000 | 10.00% |
World pepper prices today continue to decrease slightly in Indonesia. Meanwhile, Vietnam's export pepper prices increased sharply and remained flat in other markets.
Currently, pepper prices in Brazil and Indonesia are currently higher than Vietnam. Therefore, many industry experts believe that the growth potential of Vietnamese pepper is still significant.
Thus, world pepper prices on May 30, 2024 decreased slightly in Indonesia compared to yesterday.
Pepper prices today May 30 in the country
Domestically, the pepper market on May 30 continued to increase sharply compared to yesterday.
Specifically, Dak Lak purchased pepper at a price of 129,000 VND/kg, after increasing it by 3,000 VND;
Dak Nong pepper price today increased by 3,000 VND, trading to 128,000 VND/kg;
Gia Lai pepper price today is anchored at 127,000 VND/kg, an increase of 4,000 VND;
Similarly, Dong Nai traders have purchased pepper at a price of 127,000 VND/kg;
The latest Ba Ria - Vung Tau pepper price on May 30 is 128,000 VND/kg, an increase of 5,000 VND;
Increasing by 3,000 VND, traders in Binh Phuoc traded pepper up to 128,000 VND/kg.
| Province | Price | Up and down |
| Dak Lak | 129,000 | 3,000 |
| Dak Nong | 128,000 | 3,000 |
| Gia Lai | 127,000 | 4,000 |
| Dong Nai | 127,000 | 4,000 |
| BA Ria Vung Tau | 128,000 | 5,000 |
| Binh Phuoc | 128,000 | 3,000 |
Latest domestic pepper price list on May 30, 2024. Unit: VND/kg
Domestic pepper prices today increased for the second consecutive day by 3,000 - 5,000 VND/kg. Thereby helping this agricultural product approach the high threshold of 130,000 VND/kg.
Thus, domestic pepper prices on May 30, 2024 are trading around 127,000 - 129,000 VND/kg.
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