DAILY: Vietnamese pepper prices remained unchanged on October 18
Wednesday, October 18,2023AsemconnectVietnam - On Wednesday, domestic pepper prices in Vietnam's Central Highlands remained unchanged at VND67,500 to VND70,500 per kg compared to Yesterday, according to Kinhtedothi.vn.
In Ba Ria-Vung Tau province, the maximum price for pepper stayed at VND70,500 per kg, while in Gia Lai province, the lowest price at VND67,500 per kg. Farmers in Binh Phuoc sold pepper for VND70,000 per kilogram, in Dong Nai province for VND68,500 per kilogram, and in Dak Lak and Dak Nong provinces for VND69,000 per kilogram.
According to The Vietnam Pepper and Spice Association, in 9 months, Vietnam exported 204,385 tonnes of pepper of all kinds, of which black pepper reached 183,475 tonnes and white pepper reached 20,910 tonnes. Total export turnover reached 678.1 million USD, in which black pepper reached 578.2 million USD, and white pepper reached 99.9 million USD.
Compared to the same period in 2022, export volume increased by 15.3%, equivalent to 27,164 tonnes, however export turnover decreased by 13.4%, equivalent to a decrease of 104.5 million USD. The average export price of black pepper in the first 9 months of 2023 reached 3,539 USD/tonne, in which white pepper reached 5,068 USD/tonne, down 15.3% and 14.2% respectively over the same period in 2022.
According to the Vietnam Pepper and Spice Association, by the end of September 2023, Vietnam had imported 20,541 tonnes of pepper of all kinds, decreased by 30.7%, equivalent to 9,084 tonne, compared to the same period last year. Brazil, Cambodia and Indonesia are the three main supply countries for Vietnam imported 12,517 tonnes, 3,403 tonnes and 2,697 tonnes. Of which imports from Brazil increased by 62.2%, from Cambodia decreased by 73% and from Indonesia decreased by 48%.
Following are domestic pepper prices on October 18, 2023, in the main pepper growing and consumption regions:
T.Huong
Source: Vitic/Kinhtedothi
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