Pepper price today August 16, 2022 | Latest pepper price market

Pepper prices today, August 16, 2022, in the domestic market continued to move sideways. Currently, domestic pepper prices are trading around 69,000 – 72,000 VND/kg. In the world market, Pepper prices today, August 16, continued to move sideways compared to yesterday. Last week, the world pepper market fluctuated in different directions. In India, domestic pepper prices decreased after 2 weeks of increase due to the Indian Rupee decreasing by 1% against the USD (79.46 INR/USD). In the same South Asia region, domestic pepper prices in Sri Lanka continued to be stable since last week. According to records, pepper consumption in the domestic market of India increased and the trend of hoarding has kept black pepper prices higher. Mr. Kishor Shamji, pepper exporter and Coordinator of the Indian Pepper and Spice Growers, Traders Association in Kerala state, said: “A large amount of pepper from Vietnam and Brazil is being sold and consumed in the domestic market”. “This pepper reached the consuming markets such as Delhi, Mumbai, Kanpur, Ahmedabad and Indore declared as scrap metal, plastic scrap and paper scrap as well as garment waste,” he added. After a few years, the price of black pepper touched Rs 500 per kg in November last year, then reached a peak of Rs 532 per kg on November 24, 2021. Since then, Indian pepper prices have remained stable, hovering around Rs 485-505 per kg. In Southeast Asia, domestic and international prices of Malaysian pepper have been stable since mid-May 2022. Meanwhile, the export price of Vietnamese white pepper decreased last week, while other commodities remained stable. Only Indonesian black pepper prices increased last week. White pepper prices remained stable as some places in Lampung have finished harvesting. #pepper #hotpepper #news #agriculture #nhanong #mientay #taynguyen #pepper #pepper price today #pepper price #pepper today #pepper price udaklak #pepper price ubinhphuoc #pepper price dongnai #the latest pepper price

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