Pepper price today November 15, 2022 | Latest pepper price market

Pepper prices today, November 15, have stagnated and tended to move sideways in key regions. Currently, domestic pepper prices fluctuate around 58,000 – 61,500 VND/kg. In the world market, the price of Lampung black pepper (Indonesia) is currently at 3,689 USD/ton. The price of Kuching black pepper (Malaysia) ASTA is fixed at 5,100 USD/ton. And the price of Brazilian black pepper ASTA 570 is fixed at 2,575 USD/ton. For white pepper, the price of Indonesian Muntok white pepper is still at 5,971 USD/ton. The price of Malaysian white pepper ASTA is purchased at 7,300 USD/ton. The world pepper market last week had mixed reactions. In particular, the price of Indian pepper increased partly due to the Indian Rupee increasing by 2% compared to the USD (81.30 INR/USD). Meanwhile, domestic pepper prices in Sri Lanka have been stable since last week. In Southeast Asia, Indonesian pepper prices were stable last week amid forecasts of a reduced harvest. In Vietnam, black pepper prices are at $3,250 – $3,350 per ton for 500g/l and 550g/l; white pepper prices are at $4,850 per ton. Experts say that in the coming time, pepper farmers will face a number of challenges such as: Unpredictable climate change and pest problems, increasingly stringent regulations from important markets also leading to trade barriers. The global pepper area was 745,000 hectares in 2021, up 42.8% compared to 2020. In Vietnam, the pepper area decreased significantly due to sharp price drops, the impact of disease and climate change, from 152,000 hectares in 2017 to 130,000 hectares in 2021. In 2022, Vietnam’s exports are estimated at 220,000 tons, accounting for 55% of the total pepper output worldwide. According to the Ministry of Industry and Trade, Vietnam is still the world’s largest pepper producer and exporter. In 2022, Vietnam’s exports are estimated at 220,000 tons, accounting for 55% of the total pepper output worldwide. However, in order for Vietnamese pepper products to affirm their position in the world market in a sustainable manner, the pepper industry needs to increase its ability to comply with international standards, especially in aspects such as chemical residues and sustainable production criteria in terms of economy, society and environment. #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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