Pepper price today October 13, 2022 | Latest pepper price market

Pepper prices today, October 13, remained stable in key growing areas. Currently, domestic pepper prices fluctuate around 60,000 – 62,500 VND/kg. In the world market, the World Pepper Community listed a decrease for Indonesian pepper and remained stable in the remaining countries. Specifically, Lampung black pepper (Indonesia) decreased by 2.36% to 3,736 USD/ton. Muntok white pepper decreased by 2.78% to 6,046 USD/ton. Brazilian black pepper was stable at 2,550 USD/ton; black pepper (Malaysia) 5,100 USD/ton; Malaysian white pepper 7,300 USD/ton. Vietnamese black pepper 500g/l 3,250 USD/ton; black pepper 550g/l 3,350 USD/ton. White pepper 4,850 USD/ton. Statistics show that in September 2022, Vietnam’s pepper exports decreased for the third consecutive month, reaching 13.86 thousand tons, worth 56.83 million USD, down 25.8% in volume and 25.3% in value compared to August 2022, compared to September 2021, down 9.1% in volume and down 7.7% in value. In the first 9 months of 2022, Vietnam’s pepper exports reached 174,530 tons, worth 770.44 million USD, down 18% in volume, but up 7.1% in value over the same period in 2021. In September 2022, the average export price of Vietnam’s pepper reached 4,099 USD/ton, up 0.7% over August 2022 and up 1.5% over September 2021. In the first 9 months of 2022, the average export price of Vietnam’s pepper reached 4,414 USD/ton, up 30.7% over the same period in 2021. Currently, the domestic price of black pepper has decreased sharply, down to nearly 60,000 VND/kg, in the context of decreased exports and the market showing signs of dumping goods to recover capital for new crop production. The price of white pepper is at 109,000 VND/kg, down 3,000 VND/kg compared to the end of September 2022 and lower than 120,000 VND/kg in the same period in 2021. According to forecasts of some businesses in Dong Nai, pepper exports in the coming time will still face many difficulties due to the impact of political tensions in Eastern Europe and China’s Zero Covid policy. In addition, there is also the reason that Vietnam is about to enter a new harvest with the expectation of better productivity, exporters are boosting sales to prepare for the new crop. Currently, there is no unified data on the output of the new crop. But according to forecasts of pepper growers in Dong Nai, the yield of the upcoming pepper crop will be better than last year. #pepper #pepper #news #agriculture #nhanong #mientay #taynguyen #pepper #pepper price today #pepper price #pepper today #udaklak pepper price #ubinhphuoc pepper price #dongnai pepper price #freshest pepper price today #freshest pepper price #vungtau pepper price #gialai pepper price #udaknong pepper price

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