Pepper price today 07/04/2022 | Latest pepper price market

Pepper prices today, July 4, 2022, continued to trade around 69,000 – 72,000 VND/kg. The pepper market slowed down due to speculators withdrawing capital due to concerns that the Fed will raise interest rates. The domestic pepper market was flat today, while pepper prices last week decreased by 500 – 1,000 VND/kg compared to the previous week. According to experts, most commodity market prices are temporarily slowing down due to speculators withdrawing capital due to concerns that risks will increase before the Fed’s July monetary policy meeting. Many sources said that the Fed will continue to adjust interest rates higher in the next meeting. The Fed’s interest rate hike attracts investors to withdraw money from risky emerging markets such as Vietnam to return to invest in the US, or other developed markets to minimize risks and enjoy higher interest rates. Increasing lending interest rates (in USD) will reduce consumer demand, as well as weaken the need for businesses to expand investment. Therefore, Vietnam’s export activities may slow down in the coming quarters as consumers in key export markets such as the US and Europe tighten their spending. In the medium term, there are opinions that the pepper market will increase again in the middle of the third quarter, when import demand for year-end festivals and Tet in countries increases. In addition, Vietnam’s pepper exports are also expected to absorb an additional 30,000 – 40,000 tons from the Chinese market in the second half of 2022. #pepper #hotpepper #tintuc #nongnghiep #nhanong #mientay #taynguyen #pepper #pepper price today #pepper price #pepper price today #pepper price today #pepper price daklak #pepper price ubinhphuoc #pepper price dongnai #pepper price mointest

source