Pepper Market September 19, 2024: Price increases again
Pepper price today September 19 is around 149,000 - 150,000 VND/kg.
Preliminary statistics from the Vietnam Pepper and Spices Association show that in the first 15 days of September 2024, Vietnam exported 6,917 tons of pepper, with a total export turnover of 42.3 million USD.
The main exporting enterprises in the first 15 days of September include: Olam Vietnam: 970 tons, Phuc Sinh: 743 tons, Haprosimex JSC: 568 tons, Tran Chau: 561 tons and Nedspice Vietnam: 480 tons.
On the other hand, Vietnam imported 706 tons, with a total import turnover of 3.7 million USD. Olam Vietnam, Tran Chau and Phuc Thinh were the three largest importers, reaching 149 tons, 109 tons and 105 tons. Indonesia and Brazil were still the two main pepper suppliers to Vietnam, reaching 359 tons and 245 tons.
In the first 15 days of August 2024, Vietnam exported 10,082 tons of pepper, with a total export turnover of 58.8 million USD. Compared to the previous month, pepper exports are decreasing sharply, equivalent to 30%. This is one of the reasons for the sharp drop in domestic pepper prices in the past 3 sessions.
At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Lampung black pepper (Indonesia) at 7,589 USD/ton, down 0.08%; the price of Brazilian black pepper ASTA 570 at 7,000 USD/ton; the price of Kuching black pepper (Malaysia) ASTA at 8,800 USD/ton.
Muntok white pepper price is 9,154 USD/ton, down 0.08%; Malaysian ASTA white pepper price is at 10,900 USD/ton.
Vietnam black pepper prices are trading at 6,800 USD/ton for 500 g/l; 7,100 USD/ton for 550 g/l; and 10,150 USD/ton for white pepper. IPC reduced pepper prices in Indonesia while keeping them stable in other countries.
According to KTĐT.vn
Posts
No comments:
Post a Comment