We would like to send you a quick highlight spices market update 27th March 2023 – Week 12.
Last week, pepper price decreased slightly by 0.8% when demand was quite slow from different markets such as China / EU / USA / AFRICA…
The market last week pepper prices were less volatile when demand was quiet in the largest market, China.
Other
markets such as the US / EU / ASIA ... have been interested in more
orders for delivery in full year shipment 2023 than before. However,
export manufacturers in Vietnam are very cautious and almost only offer
spot orders.
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Indication price PEPPER, based on NET FOB HCM as follows
PINHEAD 1.5MM - 2MM CLEANED $1.446
PINHEAD 2MM - 2.5MM CLEANED $1.754
PINHEAD SUPERIOR QUALITY $2.106
BPEPPER 500 G/L FAQ $3.039
BPEPPER 550 G/L FAQ $3.246
BPEPPER 500 G/L Double Spiral Cleaned $3.319
BPEPPER 550 G/L Double Spiral Cleaned $3.378
BPEPPER 570 G/L Double ASTA $3.438
BPEPPER 5MM Jumbo Size $3.540
White PEPPER 630 G/L DW $4.918
White PEPPER 630 G/LASTA $4.962
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