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DAILY: Vietnamese pepper prices rose by 1000 VND on August 21, 2024 

 Wednesday, August 21,2024

AsemconnectVietnam - On Wednesday, domestic pepper prices in Vietnam's Central Highlands increased by 1000 VND to 140,000-141,000 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) rose by 0.8% to 7,472 USD/ton; the price of Brazilian black pepper ASTA 570 to 6,175 USD/ton; the price of Kuching black pepper (Malaysia) ASTA to 8,500 USD/ton.
Muntok white pepper price increased by 0.8% to 8,798 USD/ton; the price of Malaysian white pepper ASTA to 10,400 USD/ton.
Vietnamese black pepper price traded at 5,800 USD/tonne for 500 g/l; 550 g/l at 6,200 USD/ton; white pepper price at 8,500 USD/tonne. IPC adjusted the price of pepper in Indonesia up at the beginning of the week.
Specifically, after 2 weeks of recorded increases, domestic and export pepper prices of India and Sri Lanka were stable last week.
In Southeast Asia, only Indonesian black pepper prices continued to increase since last week. Meanwhile, white pepper prices recorded a decrease as most farmers in this country were in the harvest season.
Malaysian domestic pepper prices recorded a decrease last week. Meanwhile, export prices were stable.
Brazilian black pepper prices continued to decrease over the past 3 weeks. Meanwhile, Cambodian black pepper and Chinese white pepper prices continued to be stable.
Also according to the International Pepper Community, in the past 7 months of 2024, Brazil's pepper exports decreased by 8% to about 42 thousand tons, equivalent to 165 million USD.
Following are domestic pepper prices on August 21, in the main pepper growing and consumption regions:

Province/District

Purchase price (VND/kg)

Vs, August 20

DAC LAC

 

 

— Ea H'leo

141,000

-

GIA LAI

 

 

— Chu Se

140,000

+1000

DAK NONG

 

 

— Gia Nghia

141,000

+1000

BA RIA - VUNG TAU

   

Average price

141,000

+1000

BINH PHUOC

 

 

Average price

140,000

+1000

DoNG NAI

 

 

Average price

140,000

+1000

T.Huong
Source: Vitic
 

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