Pepper price today July 12, 2022 | Latest pepper price market

Pepper prices today, July 12, 2022, have not changed and are still low. Currently, domestic pepper prices are trading around 67,500 – 70,500 VND/kg. In the world market, Pepper prices today fluctuated little. Last week, world pepper prices fluctuated in opposite directions when only Sri Lanka increased. Specifically, in the South Asia region, domestic pepper prices in Sri Lanka increased in the past 2 weeks as the financial crisis in the country continued with an inflation rate of up to 60%. Domestic black pepper in this country increased by 1%, from 4,877 USD/ton to 4,946 USD/ton. Meanwhile, Indian pepper prices showed a downward trend. Domestic black pepper in this country decreased by 1%, from 6,215 to 6,182 USD/ton; FOB black pepper prices at Kochi port decreased accordingly, from 6,469 to 6,435 USD/ton. In Southeast Asia, along with the decline in Vietnamese pepper prices, Indonesian pepper prices also decreased last week due to the 1% decrease in the Indonesian Rupiah against the USD (14,986 IDR/USD) and scarce supply. Domestic black pepper in the country decreased sharply, by 4%, from 3,061 to 2,936 USD/ton; white pepper decreased by 1%, from 5,348 to 5,305 USD/ton; FOB black pepper prices at Lampung port decreased by 4%, from 3,653 to 3,509 USD/ton; FOB white pepper prices at Pinang port decreased by 1%, from 6,185 to 6,135 USD/ton. Meanwhile, Malaysian pepper prices traded domestically and in the international market have been stable since mid-May 2022. Domestic black pepper prices range from 4,091 – 4,107 USD/ton; domestic white pepper 5,847 – 5,871 USD/ton; FOB price of black pepper at Kuching port is 5,900 USD/ton for 500g/l; FOB price of white pepper at Kuching port is 7,600 USD/ton. Last week, Vietnamese pepper prices decreased due to VND decreasing by 1% compared to USD. Specifically, domestic black pepper prices decreased by 1%, from 3,032 to 3,013 USD/ton; domestic white pepper decreased by 1%, from 4,624 to 4,594 USD/ton; FOB price of black pepper at Ho Chi Minh City port decreased by 2%, from 3,730 to 3,650 USD/ton for 500g/l; FOB price of white pepper at Ho Chi Minh City port decreased by 1%, from 5,780 to 5,700 USD/ton. The global pepper market is still trading sluggishly, despite Vietnam’s export efforts in the first 6 months of 2022. It is expected that in the remaining time of the year, importing countries will recover, especially in China, to push up pepper prices. #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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