Domestic pepper prices: Reversed simultaneously
As of 11:30 today (September 6), the domestic pepper market "turned around" and decreased in price, averaging 152,200 VND/kg. Currently, the price ranges from 150,000 - 152,000 VND/kg.
The trading session at the end of the week after a series of days anchored at high prices with opposite fluctuations, the areas are currently listed at the following prices:
Gia Lai province is the area with the lowest price in the country, reaching 150,000 VND/kg, down 1,000 VND/kg.
Dong Nai and Ho Chi Minh City continued to decrease by VND 1,000/kg, the price stood at VND 151,000/kg.
Breaking the series of days of stagnation, pepper prices in Dak Lak and Lam Dong provinces slid down 1,000 VND/kg, reaching the market price of 152,000 VND/kg.
World pepper prices: fluctuations at Brazilian exchanges
In the world market, pepper prices are stable in most regions. The Indonesian exchange - one of the most vibrant markets is no exception. Currently, these two items are traded between 7,087 - 10,042 USD/ton (equivalent to 187,877 VND/kg - 266,214 VND/kg).
The Brazilian market is the only exchange to decrease, trading at 6,600 USD/ton (about 174,966 VND/kg). On the other hand, 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 remains unchanged, anchored at 6,240 - 6,370 USD/ton. ASTA white pepper prices tend to be flat, standing at 9,150 USD/ton (equivalent to 242,567 VND/kg).
*Note: Domestic pepper prices are for reference only, and may vary depending on the area and the purchasing enterprise.
