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 Cardamom News - Vietnam pepper prices continue to decrease
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Vietnam pepper prices continue to decrease

As per trade sources, in Vietnam pepper price slightly decreased by 500 VND / kg. Pepper prices continue to fall slightly by 500 VND / kg, in Ba Ria - Vung Tau prices down to 1,000 VND / kg. Price of pepper is currently around 60,500 - 62,500 VND / kg. Sources revealed that, price of pepper in Vietnam has decreased for four consecutive days with a reduction of about 500 to 1,500 VND / kg.
 
Currently, importers have offered relatively lower prices.  However, farmers were not interested to releasing their produce at current price level as harvesting is in final stage in the Central Highlands of Vietnam (main season harvest).
 
Vietnam whole Black Min 500 gl Asta cleaned traded as high as US$ 3150 FOB for quick shipment and USD 3100/3125 FoB for May shipment. 550 gl asta cleaned was traded US$ 3250/3280 for prompt shipment to Russia and Eastern Europe.