Slight increase of 500 VND/kg in some areas, Dak Lak to 97,000 VND/kg

Slight increase of 500 VND/kg in some areas, Dak Lak to 97,000 VND/kg
Slight increase of 500 VND/kg in some areas, Dak Lak to 97,000 VND/kg
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Domestic pepper price today

Pepper prices today on April 27, 2024, some areas still stagnated compared to yesterday’s prices, only Dak Lak and Ba Ria – Vung Tau increased by 500 VND/kg.

Specifically, in the Central Highlands region, Dak Lak pepper price increased slightly by 500 VND/kg compared to yesterday’s price to reach 97,000 VND/kg, Chu Se pepper price (Gia Lai) compared to yesterday remained unchanged at 96,500 VND/kg, Dak Nong pepper price today is flat at 96,000 VND/kg.

In the Southeast region, today’s pepper price in the Ba Ria – Vung Tau area reversed to increase by 500 VND/kg, to a price of 97,000 VND/kg, while in Binh Phuoc, the price remained unchanged compared to yesterday at the same level as yesterday. 97,000 VND/kg.

Thus, pepper prices today – the first day of the holiday season, have fluctuated slightly in some areas, recording prices still fluctuating around the threshold of 96,000 VND/kg – 97,000 VND/kg.

Currently, pepper prices in basic regions are quite close to each other, with no big difference. With the current upward momentum, many experts believe that domestic pepper prices will soon reach VND 100,000 in the near future.

Pepper price today in Dak Lak, Ba Ria – Vung Tau increased slightly by 500 VND/kg, to 97,000 VND/kg. Photo: Can Dung

Pepper production in Vietnam is estimated to not increase rapidly because farmers are choosing other alternative crops, and people are lacking interest in pepper farms because pepper prices are relatively low in many years. year, leading to an impact on crop productivity.

World pepper prices today

Updated world pepper prices from the International Pepper Association (IPC), at dawn this morning (Vietnam time), Indonesian pepper prices continued to increase and decrease in opposite directions compared to yesterday; Brazilian pepper prices remained unchanged compared to yesterday, while Malaysia’s prices continued to level off. Listed Vietnamese pepper prices also continued to move sideways for a long time.

Specifically, the price of Lampung black pepper (Indonesia) today was traded at 4,578 USD/ton, down 0.09%; White pepper price (Indonesia) was traded at 6,064 USD/ton, up 0.20%.

The price of Brazilian black pepper ASTA 570 today remained unchanged at 4,550 USD/ton.

Malaysian ASTA black pepper price remains at 4,900 USD/ton; Malaysian ASTA white pepper price is still at 7,300 USD/ton.

The prices of Vietnamese pepper listed today remain stable. In particular, the price of Vietnamese black pepper type 500 g/l today is trading at 4,200 USD/ton; with the 550 g/l type trading at 4,300 USD/ton; ASTA white pepper price is trading at 6,000 USD/ton.

Pepper prices of all kinds on Kochi (India) today continue to level off compared to yesterday. In particular, Garbled type traded at 58,200 Rupees/100kg, UnGarbled type at 56,200 Rupees/100kg.

Data from the Brazilian State Center for Foreign Trade Statistics (Comex Stat) shows that Brazil exported 6,404 tons of pepper in March 2024, down 17.4% over the same period last year.

Overall, in the first quarter of 2024, Brazil’s pepper exports reached 18,343 tons, worth 63.2 million USD, down 9.9% in volume but up 10.5% in value compared to the same period in 2023 thanks to rising prices. High.

Vietnam’s pepper imports from Brazil decreased sharply by 16.6% over the same period last year to only 3,774 tons. Brazilian pepper prices have increased in recent times and at times exceeded Vietnam’s selling price on the world market, making importing raw pepper from Brazil no longer attractive to Vietnamese processors.

Domestic pepper price list today April 27, 2024:

Local

Unit

Purchase price from traders

Increase/decrease compared to yesterday

Chu Se (Gia Lai)

VND/kg

96,500

Dak Lak

VND/kg

97,000

+500

Dak Nong

VND/kg

96,000

Binh Phuoc

VND/kg

97,000

BA Ria Vung Tau

VND/kg

97,000

+500

* Information is for reference only. Prices may vary depending on locality.


The article is in Vietnamese

Tags: Slight increase VNDkg areas Dak Lak VNDkg

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