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DAILY: Vietnamese pepper prices remained unchanged on September 11 

 Monday, September 11,2023

AsemconnectVietnam - On Monday domestic pepper prices in Vietnam's Central Highlands remained unchanged at VND70,500 to VND73,500 per kg compared to Yesterday, according to Kinhtedothi.vn.

In Ba Ria-Vung Tau province, the maximum price for pepper stayed at VND73,500 per kg, while in Gia Lai province, the lowest price to VND70,500 per kg. Farmers in Binh Phuoc sold pepper for VND72,500 per kilogram, in Dong Nai province for VND71,000 per kilogram, and in Dak Lak and Dak Nong provinces for VND71,500 per kilogram.
Last week, pepper prices increased by 1,000 - 1,500 VND/kg.
According to preliminary statistics of the Vietnam Pepper and Spice Association, in the first 8 months of this year, Vietnam exported 187,755 tonnes of pepper of all kinds, of which black pepper of 168,643 tonnes and white pepper of 19,112 tonnes. Total export turnover reached 616.1 million USD, of which black pepper of 525.4 million USD, and white pepper of 90.7 million USD.
Compared to the same period last year, the export volume increased by 15.1%, equivalent to 24,625 tonnes, however, the export turnover decreased by 15%, equivalent to a decrease of 108.9 million USD. The average export price of black pepper in the first 8 months of 2023 reached 3,523 USD/tonne and white pepper reached 5,058 USD/tonne.
China continues to be Vietnam's largest pepper export market in the first 8 months of 2023 with 53,792 tonnes, an increase of 454.8% and accounting for 28.7% of the market share. Next is the US with 33,589 tonnes, down 10.6%, accounting for 17.9% market share. Exports to some European markets also decreased such as Germany 6,125 tonnes, down 20.0%; Netherlands 5,522 tonnes, down 10.1%; Russia 3,490 tonnes, down 7.2%. African region exports increased by 13.2%, of which Egypt increased by 47.5% to 3,113 tonnes; Senegal 1,763 tonnes, up 53.2%.
Following are domestic pepper prices on September 11, 2023, in the main pepper growing and consumption regions:

T.Huong
Source: Vitic/Kinhtedothi


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