Pepper price today August 20, 2022 | Latest pepper price market

Pepper prices today, August 20, 2022, in the country continue to trade around 71,500 – 74,000 VND/kg. Thus, today’s pepper prices continue to move sideways. In the world market, today’s pepper prices are mainly sideways. This week’s pepper market has a negative trend as no country reported an increase. While Indian pepper prices remain stable, pepper prices in Indonesia are slightly decreasing. The reason is that India and Indonesia have major holidays taking place this week. According to the International Pepper Association (IPC), Brazil is the only country with increased supply due to the harvest in the North, while other countries are in short supply. The fact that the supply from the Vietnamese market is not very promising has caused investors to tend to switch to buying more Brazilian pepper, due to better freight rates. Pepper consumption demand in India is also gradually improving as the economy reopens after a long period of being affected by the Covid-19 pandemic. The domestic pepper market is still negatively affected by the strong USD. Not only that, this commodity market is also being attracted to coffee. #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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