DAILY: Vietnamese pepper prices rose by 500 VND on July 6
Thursday, July 6,2023AsemconnectVietnam - On Thursday, domestic pepper prices in Vietnam's Central Highlands rose by 500 VND to VND67,000 – VND70,000 per kg compared to Yesterday, according to Kinhtedothi.vn.
In Ba Ria-Vung Tau province, the maximum price for pepper decreased to VND70,000 per kg, while in Gia Lai province, the lowest price at VND67,000 per kg. Farmers in Binh Phuoc sold pepper for VND69,000 per kilogram, in Dong Nai province for VND67,500 per kilogram, and in Dak Lak and Dak Nong provinces for VND68,000 per kilogram.
In the first half of 2023, pepper exports increased in volume but decreased in value due to the absence of positive signals from the market.
The Import-Export Department (Ministry of Industry and Trade) quoted statistics from the General Department of Customs as saying that in June 2023, Vietnam's pepper exports reached 25,000 tonnes, valued at US$92 million, down 13.6% in volume, but up 2.0% in value compared to May 2023 and compared to June 2022, up 3.4% in volume, but down 8.2% in value. Generally, in the first six months of 2023, Vietnam's pepper exports are estimated at 156 thousand tonnes, valued at $498 million, up 26.6% in volume, but down 11% in value over the same period last year.
In June 2023, the average export price of Vietnam's pepper was estimated at 3,667 USD/tonne, up 18.1% compared to May 2023, but down 11.3% compared to June 2022.
Generally in the first 6 months of 2023, the average export price of Vietnam's pepper is estimated at 3,184 USD/tonne, down 29.7% over the same period in 2022.
Following are domestic pepper prices on July 6, 2022, in the main pepper growing and consumption regions:
T.Huong
Source: Vitic/Kinhtedothi
Reference exchange rate up 15 VND on July 6
DAILY: Vietnamese coffee prices remained unchanged on July 6
Vietnam likely to keep inflation below 4.5% in 2023: Economists
Ministry builds two scenarios for GDP growth in H2
Value-added tax cut welcomed
Reference exchange rate up 9 VND on July 5
Vietnam’s CPI and CPI in Hanoi and HCM in first half of 2023
Vietnam's economy shows bright spots amid global difficulties
Hanoi CPI up 1.22%
Aquatic product exporters hope for recovery in remaining months
Tuna exports can not recovered yet
Vietnam earns over 2 billion USD from coffee exports
Vietnam’s pangasius exports continued to decrease in May 2023
Vietnam seafood exports to the US may recover in the second half of 2023