Pepper prices today, August 13, 2022, in the domestic market are flat. Currently, domestic pepper prices are trading around 70,000 – 72,500 VND/kg. In the world market, Pepper prices today are flat. This week, the world pepper market fluctuated in opposite directions. In contrast to the continuous increase in coffee prices in the world, pepper prices in many countries still cannot increase, and in some places they are even worse. While Indonesian black pepper prices are increasing, after being reported with an upward trend in the past 2 weeks, Indian pepper prices tend to decrease this week. The reason for this decline is partly due to the weakening of the Indian Rupee against the USD. Experts say that despite positive factors, domestic pepper prices have been continuously decreasing since the middle of this week, which could be a “psychological blow” forcing the pepper market to decrease. This will be followed by a strong buying wave at low prices for orders in September 2022 and the end of the year. Therefore, the advice for pepper growers is to stay alert, not sell for fear of market downturn, only sell when there is a need, and not borrow money to store pepper. #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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Pepper price today August 13, 2022 | Latest pepper price market
