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International Pepper Scenario
Published on: Jan 05 2021, 05:47
Vietnam pepper prices today continued to go sideways around the average level of 53,500 VND / kg. Accordingly, the provinces of Dak Lak, Dak Nong, Ba Ria - Vung Tau and Binh Phuoc have stable transactions in the range from 53,500 to 54,500 VND / kg. Particularly, Gia Lai increased by 500 VND / kg compared to yesterday, currently purchasing at 53,000 VND / kg with Dong Nai province.
At the end of December 2020, export pepper prices in Brazil and Malaysia were stable compared to the end of November 2020. Meanwhile, India, Indonesia and China adjusted up again in the past month, the Import and Export Department reported.
Specifically, in Brazil, the price of black pepper for export was stable at USD 2,800 / ton. At the Malaysian port of Kuching, export prices for black and white pepper respectively recorded USD 3,675 / ton and USD 4,900 / ton respectively.
In contrast, the price of black pepper at the port of Kochi (India) increased 1.2% (equivalent to 55 USD / ton) to 4,825 USD / ton. At the Indonesian port of Lampung ASTA, the price of black pepper at the end of December 2020 was 3,000 USD / ton, a sharp increase of 14.9% (equivalent to 388 USD / ton) compared to November 2020.
Similarly, at the port of Ha Khau (China), the price of white pepper for export on December 25, 2020 increased by 4.5% (equivalent to US $ 225 / ton) compared to November 30, 2020, currently traded. around 5,275 USD / ton.
Source - VPA
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