White pepper export increased by 200 USD/ton

In the world market
At the end of the most recent trading session, the International Pepper Community (IPC) quoted Indonesian black pepper at 7,297 USD/ton, down 0.14% compared to the previous day.
In contrast, the price of Brazilian black pepper ASTA 570 increased by 1.56% (400 USD/ton), to 6,400 USD/ton.
Malaysian ASTA black pepper remained stable at USD 9,600/ton. Similarly, in Vietnam, the export price of black pepper remained fluctuating between USD 6,240 – 6,370/ton for 500 g/l and 550 g/l.
Type name |
World black pepper price list |
|
August 27 (Unit: USD/ton) |
% change from previous day |
|
Lampung Black Pepper (Indonesia) |
7,297 |
-0.14 |
Brazilian Black Pepper ASTA 570 |
6,400 |
+1.56 |
Kuching Black Pepper (Malaysia) ASTA |
9,600 |
– |
Vietnamese black pepper (500 g/l) |
6,240 |
– |
Vietnamese black pepper (500 g/l) |
6,370 |
– |
At the same time of survey, the price of Indonesian Muntok white pepper also decreased by 0.13%, down to 10,142 USD/ton.
Meanwhile, Vietnam's white pepper export price increased by 200 USD/ton, to 9,150 USD/ton.
In particular, Malaysian ASTA white pepper remained unchanged at 12,800 USD/ton.
Type name |
World white pepper price list |
|
August 27 (Unit: USD/ton) |
% change from previous day |
|
Muntok Indonesian White Pepper |
10,142 |
-0.13 |
ASTA Malaysian White Pepper |
12,800 |
– |
Vietnam white pepper |
9,150 |
+2.19 |
Update pepper information
According to Khmer Times , on August 20, the Cambodian Ministry of Agriculture, Forestry and Fisheries (MAFF) held a working meeting with the Cambodian Pepper and Spice Federation (CPSF) to discuss measures to facilitate exports and expand the market to new destinations.
CPSF presented a progress report and made some recommendations regarding prices and productivity. He noted that pepper prices have increased sharply in recent years, which is a positive sign.
“Pepper prices have increased but productivity has decreased due to climate change,” said Toch Bun Hour, Deputy Minister of Agriculture, Forestry and Fisheries of Cambodia. “This decrease in productivity has caused some farmers to suffer losses despite higher prices. In terms of exports, Cambodia still depends heavily on its main market, Vietnam. However, the Federation is working to diversify into new markets, especially China and Europe, to reduce dependence on a single country.”
At the same time, CPSF also called on the Ministry of Agriculture to expand the registration of pepper growing areas to facilitate exports, reduce costs and improve the verification of statistics on cultivated areas and output nationwide, ensuring more accurate information for negotiations with foreign investors.
According to the Department of Plant Protection, Animal and Plant Hygiene and Quarantine, there are 126 pepper farms certified for Good Agricultural Practices (GAP), and efforts are continuing to register more farms.
The registration is supported by the EU-German-Cambodia Partnership Project on Sustainable Agriculture and Food Systems (EU-German CAPSAFE), at no cost to the farm owners.
The Ministry has also supported the costs for some typical farmers, encouraged others to voluntarily register according to agricultural and organic standards, strengthened cooperation with relevant ministries and development partners to promote the pepper industry, cooperated with organizations to expand export markets, and strengthened internal capacity.
Recently, MAFF organized a training course on “Cashew and Pepper Production Chain” for more than 100 commune-level agricultural officials and key farmers in Kampot, Tbong Khmum and Kep provinces.
The training course aims to enhance the operational capacity of agricultural officials at commune and ward levels to better serve farmers and increase income from agricultural production, especially cashew and pepper — two key crops for the national economy and farmers' livelihoods.
Va Rutsan, Secretary of State at the Ministry of Commerce, said in June that Cambodia is developing a pepper policy to boost Cambodian pepper exports to the global market. “We are gathering as many opinions as possible to finalize this policy.”
“The top priority of the policy is to increase income for pepper growers across the provinces, while we also aim to boost exports,” he said.
Kampot pepper is famous for its unique flavor and is one of two pepper varieties in the world to have Protected Geographical Indication (PGI) status, affirming the quality and origin of this pepper.
According to VietnamBiz.vn
No comments:
Post a Comment