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Turmeric News - Vietnam Pepper Update
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Vietnam Pepper Update

Vietnam Pepper prices today (December 28) continued to be stable in key localities in the country. As noted, the purchase price is currently fluctuating in the range of 77,500 - 79,500 VND/kg. Vietnam pepper price today  maintain a sideways trend. In which, Gia Lai and Dong Nai provinces recorded the lowest price of 77,500 VND/kg. Continuing unchanged from yesterday, the purchasing price in Dak Lak and Dak Nong provinces is anchored at 78,500 VND/kg. Similarly, pepper in the two provinces of Binh Phuoc and Ba Ria - Vung Tau were traded at VND 79,000/kg and VND 79,500/kg, respectively.
 
As per trade sources, the global black pepper market is expected to grow from $3.9 billion in 2020 to nearly $6 billion in 2028, representing an average growth rate of 5.5% over the period. period 2021-2028.