Pepper Market September 17, 2024: Price slightly decreased again
Pepper prices today, September 17, range from 152,000 to 155,000 VND/kg. Pepper prices early this morning decreased by 1,000 VND/kg in the Dak Lak - Dak Nong area. IPC sharply reduced pepper prices in Brazil at the beginning of the week while remaining stable in other countries.
In Dak Lak province, pepper price today is purchased at 155,000 VND/kg, down 1,000 VND/kg.
In Dak Nong province, pepper price today is purchased at 155,000 VND/kg, down 1,000 VND/kg.
In Gia Lai province, pepper price today is at 154,000 VND/kg.
Meanwhile in Dong Nai, pepper price today is at 154,000 VND/kg.
In Ba Ria - Vung Tau province, pepper price today is at 155,000 VND/kg.
In Binh Phuoc province, pepper price today is purchased at 152,000 VND/kg.
Pepper prices this morning decreased by 1,000 VND/kg in Dak Lak - Dak Nong area, remaining stable in the remaining provinces compared to the same time yesterday. The market has adjusted again after the sideways days at the end of the week.
At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Lampung black pepper (Indonesia) at 7,562 USD/ton; the price of Brazilian black pepper ASTA 570 at 7,000 USD/ton, down 400 USD/ton, equivalent to 4.29%; the price of Kuching black pepper (Malaysia) ASTA at 8,800 USD/ton.
Muntok white pepper price is 9,121 USD/ton; Malaysian ASTA white pepper price is at 10,900 USD/ton.
Vietnam's black pepper price is trading at 6,800 USD/ton for 500 g/l; 7,100 USD/ton for 550 g/l; white pepper price is at 10,150 USD/ton. IPC sharply reduced Brazilian pepper prices at the beginning of the week while keeping them stable in other countries.
The International Pepper Community commented that the market in the second week of September showed a positive response when no producing country recorded a decrease.
In South Asia, after two weeks of stability, domestic and export pepper prices in India increased last week. Meanwhile, domestic pepper prices in Sri Lanka continued to increase over the past two weeks.
Indonesian black pepper prices continue to be stable. Meanwhile, white pepper prices recorded an increase last week.
After two weeks of decline, domestic pepper prices in Malaysia stabilized last week. Export prices continued to increase.
Vietnam's domestic and international pepper prices have also been recorded by IPC to increase over the past two weeks.
Prices of Brazilian black pepper and Chinese white pepper recorded an increase. Meanwhile, prices of Cambodian black pepper remained stable and unchanged.
According to KTĐT.v
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