Pepper price today September 24, 2022 | Latest pepper price market

Pepper prices today, September 24, in the domestic market continue to trend sideways. Currently, domestic pepper prices fluctuate around 64,000 – 67,000 VND/kg. The domestic pepper market is still quite stable. However, with the negative impact from the world market, it is very likely that domestic pepper prices will decrease in the coming time. Weak consumption demand is still a factor holding back the recovery of pepper prices in the following months, especially from the two major pepper consuming markets in the world, Europe and the US. Currently, Brazil is entering the pepper harvest season, with output expected to increase by 10% compared to 2021 to 98,000 tons in 2022. India’s pepper output is expected to increase slightly to 68,000 tons. In Dong Nai, the upcoming pepper crop in Dong Nai is showing that the yield can be much better than last year’s crop. In particular, the clean pepper production model, using organic farming methods and joining the chain from production to consumption has many competitive advantages. In Dak Nong, although the rainy weather has caused the pepper chain to have sparse seeds, the upcoming crop situation is also showing positive signs, when the productivity of the chain on the pillar may increase. The Vietnam Pepper Association estimates that pepper output in 2022 may reach 175,000 tons, a decrease of 10% compared to 2021. However, Vietnam’s pepper output is still the world’s leading, accounting for 35% of the global total. According to the assessment, the amount of inventory among people and at large companies and agents is still quite large. Taking advantage of this period, many Vietnamese companies have increased pepper imports from other countries. It is estimated that the inventory before entering this year’s harvest will be about 100,000 tons – a fairly large number when exports to China have not been able to break through. In September 2022, black and white pepper export prices fluctuated inconsistently in producing countries around the world, increasing in Indonesia, stable in Malaysia, but decreasing in Vietnam and Brazil. #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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