DAILY: Vietnamese pepper prices fell by 4,000-5,000 VND on July 5, 2024
Friday, July 5,2024AsemconnectVietnam - On Friday, domestic pepper prices in Vietnam's Central Highlands fell by 4,000-5,000 VND to 145,000-146,000 VND per kg compared to Yesterday, according to Kinhtedothi.
In the first 5 months of 2024, Vietnam has exported over 114,400 tonnes of pepper, valued at more than 493 million USD, down 13% in volume but up 20% in value over the same period last year.
The US was the largest importer of the Vietnamese pepper in the period with nearly 30,500 tonnes, accounting for 26.6% of the total and up 44% year on year.
Exports also skyrocketed in some markets such as Italy, Germany, and Russia.
Vietnam has promoted pepper export to many traditional markets such as the US, India, Germany, and the Netherlands. Export to many markets increased sharply in both volume and value.
According to the Vietnam Pepper and Spice Association, Vietnam's pepper production this year is estimated to decrease by 10% compared to last year.
Following are domestic pepper prices on July 5, in the main pepper growing and consumption regions:
Province/District |
Purchase price (VND/kg) |
Vs, July 4 |
DAC LAC |
|
|
— Ea H'leo |
146,000 |
-5,000 |
GIA LAI |
|
|
— Chu Se |
145,000 |
-4,000 |
DAK NONG |
|
|
— Gia Nghia |
146,000 |
-5000 |
BA RIA - VUNG TAU |
||
Average price |
146,000 |
-4,000 |
BINH PHUOC |
|
|
Average price |
145,000 |
-5,000 |
DoNG NAI |
|
|
Average price |
145,000 |
-4,000 |
T.Huong
Source: Vitic
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