Pepper market on August 20, 2024: Average increase of 1,000 VND
Aug
Pepper price today August 20 is in the range of 139,000 - 141,000 VND/kg. Pepper prices early this morning increased by 1,000 - 2,000 VND/kg. The International Pepper Community adjusted pepper prices in Indonesia on the first day of the week. In the past 7 months of 2024, Brazil's pepper exports decreased by 8%.
In Dak Lak province, today's pepper price was purchased at 141,000 VND/kg, an increase of 1,000 VND/kg.
In Dak Nong province, today's pepper price was purchased at 140,000 VND/kg, an increase of 1,000 VND/kg.
In Gia Lai province, pepper price today is at 139,000 VND/kg, an increase of 1,000 VND/kg.
Meanwhile in Dong Nai, pepper price today is at 139.00 VND/kg, an increase of 1,000 VND/kg.
In Ba Ria - Vung Tau province, pepper price today is at 140,000 VND/kg, an increase of 2,000 VND/kg.
In Binh Phuoc province, today's pepper price was purchased at 139,000 VND/kg, an increase of 1,000 VND/kg.
Pepper prices early this morning increased by 1,000 - 2,000 VND/kg compared to the same time yesterday.
At the end of the most recent trading session, the International Pepper Community (IPC) listed Lampung (Indonesia) black pepper price at 7,472 USD/ton, an increase of 0.8%; Brazilian black pepper price ASTA 570 is at 6,175 USD/ton; Kuching (Malaysia) ASTA black pepper price is 8,500 USD/ton.
Muntok white pepper price was 8,798 USD/ton, up 0.8%; Malaysian ASTA white pepper price is at 10,400 USD/ton.
Vietnam black pepper price is trading at 5,800 USD/ton for 500 g/l type; type 550 g/l at 6,200 USD/ton; White pepper price is at 8,500 USD/ton. IPC adjusted to increase pepper prices in Indonesia on the first day of the week.
Commenting on the market last week, IPC said there were mixed reactions.
Specifically, after 2 weeks of recording increases, domestic and export pepper prices of India and Sri Lanka stabilized last week.
In Southeast Asia, only Indonesian black pepper prices continued to increase since last week. Meanwhile, white pepper prices recorded a decrease when most farmers in this country were in the harvest season.
Malaysian domestic pepper prices recorded a decrease last week. Export prices are stable and do not change.
Brazilian black pepper prices continued to decrease over the past 3 weeks. Meanwhile, prices of Cambodian black pepper and Chinese white pepper continued to be stable and unchanged.
Also according to the International Pepper Community, in the past 7 months of 2024, Brazil's pepper exports decreased by 8%, to about 42 thousand tons, equivalent to 165 million USD.
According to KTĐT.vn
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