DAILY: Vietnamese pepper prices fell by 500 VND on July 12
Wednesday, July 12,2023AsemconnectVietnam - On Wednesday, domestic pepper prices in Vietnam's Central Highlands fell 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 VND70,500 per kg, while in Gia Lai province, the lowest price to VND67,500 per kg. Farmers in Binh Phuoc sold pepper for VND69,500 per kilogram, in Dong Nai province for VND68,000 per kilogram, and in Dak Lak and Dak Nong provinces for VND68,500 per kilogram.
According to the preliminary statistics of VPA, in June of 2023, Vietnam imported 2,584 tonnes of pepper, of which black pepper reached 2,505 tonnes, white pepper reached 79 tonnes, the total import turnover reached 7.8 million USD, increased by 11.6% in volume compared to the previous month.
In the first 6 months of 2023, Vietnam imported 15,083 tonnes of pepper of all kinds, of which black pepper reached 14,115 tonnes, white pepper reached 968 tonnes. In comparison with the same period in 2022, the import volume decreased by 29.2%, equivalent to 6,216 tonnes, of which black pepper decreased by 21.8% and white pepper decreased by 70.3%.
According to the preliminary statistics figures of Vietnam Pepper Association (VPA), in June of 2023, Vietnam exported 21,209 tonnes of pepper of all kinds, in which, black pepper reached 18,545 tonnes, white pepper reached 2,664 tonnes.
The total export turnover reached 77.1 million USD, of which, black pepper reached 63.8 million USD, white pepper reached 13.3 million USD.
The average export price of black pepper in June reached 3,440 USD/tonne, of which white pepper reached 4,975 USD/tonne, down by 100 USD from the previous month, for black pepper and 48 USD for white pepper compared to the previous month.
In the first 6 months of the year, Vietnam exported 152,986 tonnes of pepper of all kinds, of which black pepper reached 138,377 tonnes, white pepper reached 14,609 tonnes. The total export turnover reached 485.9 million USD, of which black pepper reached 417.9 million USD, white pepper reached 68.0 million USD. In comparison to the same period last year, the export volume increased by 21.8%, equivalent to 27,433 tonnes, but the export turnover decreased by 14.6%, equivalent to a decrease of 82.3 million USD.
Following are domestic pepper prices on July 12, 2022, in the main pepper growing and consumption regions:
T.Huong
Source: Vitic/Kinhtedothi
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