Domestic pepper prices: Reversal to fluctuations
As of 11:30 today (September 17), the domestic pepper market has fallen in all regions, averaging VND 148,600/kg. Currently, the price ranges from 147,000 - 150,000 VND/kg.
Compared to yesterday's trading price, the regions have decreased by 1,000 VND/kg, currently listing the prices as follows:
The same mark of 147,000 VND/kg was set by Dong Nai and Gia Lai provinces. This is also the lowest price in the country at the end of the week.
Meanwhile, Ho Chi Minh City decreased to 149,000 VND/kg.
Dak Lak and Lam Dong traded at 150,000 VND/kg.
The same mark of 147,000 VND/kg was set by Dong Nai and Gia Lai provinces. This is also the lowest price in the country at the end of the week.
World pepper prices: flat trend
In the world market, pepper prices are mostly stable in the regions. The Indonesian exchange - one of the most vibrant markets maintains its sideways momentum. Currently, these two items are traded between 7,01 - 10,062 USD/ton (equivalent to 187,950 VND/kg - 266,322 VND/kg).
On the other hand, the Brazilian market maintained its direction when it increased sharply by 1.52%, currently trading at 6,600 USD/ton (about 174,689 VND/kg). In the same direction, Malaysia's black and white pepper prices remained in the high price range, reaching 12,900 USD/ton and 9,700 USD/ton.
In the pepper export market of Vietnam, the price of black pepper of 500 g/l and 550 g/l is stable, anchored at 6,600 - 6,800 USD/ton. ASTA white pepper prices remain high, currently standing at 9,250 USD/ton (equivalent to 244,829 VND/kg).
*Note: Domestic pepper prices are for reference only, and may vary depending on the area and the purchasing enterprise.
