Pepper market on June 19, 2024

 

Pepper market on June 19, 2024: Decreasing in the provinces

Posted onJune 19, 2024by VPA

June 19

Pepper price today June 19 is in the range of 157,000 - 159,000 VND/kg, down compared to yesterday (June 18). The International Pepper Community kept pepper prices in other countries unchanged but reduced in Brazil.

As noted by Ba Ria - Vung Tau newspaper, this year's pepper crop, Mr. Hoang Van Quan (Phu Tai hamlet, Hoa Hiep commune, Xuyen Moc district) harvested 10 tons of pepper, down 3 tons compared to last year, but still profitable. quite because pepper prices have increased. About a month ago, the selling price was 100,000 VND/kg. After deducting costs, he earned a profit of 400-500 million VND, a profit he only got after more than 5 years.

As for Ms. Nguyen Thi Thuy Trang (in Hoa Hiep commune, Xuyen Moc district) does not expand the area but focuses on taking care of the existing pepper garden of 4.3 hectares. According to Ms. Trang, pepper prices are at their highest level in the past 7 years, helping growers have a good source of income.

According to the agricultural sector, the whole province has more than 10,500 hectares of pepper, most of which is in the business stage, concentrated mainly in Chau Duc and Xuyen Moc districts.

The rush to plant pepper when prices increase is no longer the case. Instead, farmers focus on taking care of and improving their gardens better. Some households plant new trees on dead and old tree areas and cultivate organically for sustainable development.

Meanwhile, according to experts, the current price of pepper is still not attractive for people to grow again. Because durian and coffee are at very good prices; The lands where durian and coffee are grown are also the same areas where pepper was grown in the past.

At the end of the most recent trading session, the International Pepper Community (IPC) listed Lampung (Indonesia) black pepper price at 6,418 USD/ton; Brazilian black pepper price ASTA 570 is at 7,600 USD/ton, down 300 USD (3.95%); Kuching (Malaysia) ASTA black pepper price remained at 4,900 USD/ton.

Muntok white pepper price 8,377 USD/ton; Malaysian ASTA white pepper price is still at 7,300 USD/ton.

Vietnam black pepper price is trading at 7,800 USD/ton for 500 g/l type; type 550 g/l at 8,000 USD/ton; White pepper price is at 12,000 USD/ton. IPC kept pepper prices unchanged in other countries but reduced in Brazil.

According to KTĐT.vn