DAILY: Vietnamese pepper prices decreased by 1000 VND on September 17, 2024
Tuesday, September 17,2024AsemconnectVietnam - On Tuesday, domestic pepper prices in Vietnam's Central Highlands decreased by 1000 VND to 152,000-155,000 VND per kg compared to Yesterday, according to Kinhtedothi.
At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Lampung black pepper (Indonesia) at 7,562 USD/ton; the price of Brazilian ASTA 570 black pepper at 7,000 USD/ton, down 400 USD/ton, equivalent to 4.29%; the price of Kuching ASTA black pepper (Malaysia) at 8,800 USD/ton. Muntok white pepper price at 9,121 USD/ton; Malaysian ASTA white pepper price at 10,900 USD/ton. Vietnamese black pepper price traded at 6,800 USD/ton for 500 g/l; 550 g/l at 7,100 USD/ton; white pepper price at 10,150 USD/ton. IPC sharply reduced the price of Brazilian pepper at the beginning of the week while keeping it stable in other countries.
The International Pepper Community commented that the market in the the second week of September showed a positive response when no producing country recorded a decrease.
In the South Asian region, after 2 weeks of stability, domestic and export pepper prices in India increased last week. Meanwhile, domestic pepper prices in Sri Lanka continued to increase in the past 2 weeks. Indonesian black pepper prices continued to be stable. Meanwhile, white pepper prices in this period recorded an increase in the past week. After 2 weeks of decrease, domestic pepper prices in Malaysia were stable last week. Meanwhile, export prices continued to increase. Domestic and international pepper prices in Vietnam were also recorded by IPC to increase in the past 2 weeks.
Brazilian black pepper and Chinese white pepper prices recorded an increase. Meanwhile, Cambodian black pepper prices remained stable.
Following are domestic pepper prices on September 17, in the main pepper growing and consumption regions:
T.Huong
Source: Vitic
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