Domestic pepper prices: Unstable at the end of the week
As of 11:30 today (October 4), the domestic pepper market is unchanged, averaging 145,000 VND/kg. Currently, the price ranges from 144,000 - 146,000 VND/kg.
Gia Lai province today listed 144,000 VND/kg. This is the lowest price in the region.
Meanwhile, the remaining provinces such as Dong Nai, Ho Chi Minh City, Lam Dong set the threshold of 145,000 VND/kg.
In Dak Lak province alone, this region remains unchanged at 146,000 VND/kg.
World pepper prices: Developments in the same direction
In the world market, pepper prices have stabilized after a strong fluctuation. The Indonesian exchange - one of the most vibrant markets reversed and increased slightly by 0.01%. Currently, these two items are traded between 7,013 - 9,938 USD/ton (equivalent to 185,284 VND/kg - 262,562 VND/kg).
On the other hand, the Brazilian market moved sideways after a sharp decline, remaining at 6,200 USD/ton (about 163,804 VND/kg). In the same direction, black and white pepper were stable, trading at 12,500 USD/ton and 9,500 USD/ton, respectively.
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 244,385 VND/kg).
*Note: Domestic pepper prices are for reference only, and may vary depending on the area and the purchasing enterprise.
