Pepper prices on December 1, 2024: Increased by VND 1,000

Pepper prices on December 1 globally

Globally, pepper prices remained unchanged today.

Specifically, the price of black pepper from Lampung, Indonesia, remains at $ 6,627/ton, while white pepper from Muntok is stable at $ 9,143/ton.

In Malaysia, Kuching ASTA black pepper is priced at $ 8,400/ton, and ASTA white pepper is trading at $ 10,500/ton.

In Brazil, ASTA 570 black pepper is being traded at $ 6,150/ton.

In Vietnam, export prices for black pepper grade 500 g/l stand at $ 6,200/ton, while grade 550 g/l is priced at $ 6,500/ton. White pepper for export is currently at $ 9,400/ton.

The pepper market this week showed a strong upward trend, with black pepper in Brazil rising by 2.5%, and black and white pepper prices in Indonesia increasing by 2.4% and 1%, respectively. Meanwhile, other countries reported no new changes.

Thus, global pepper prices on December 1, 2024, remain stable compared to the previous day.

Pepper prices on December 1 domestically

In Vietnam, domestic pepper prices continue their strong upward momentum compared to yesterday.

Specifically, Dak Lak recorded a purchase price increase to VND 147,000/kg, up by VND 2,000;

Pepper prices in Dak Nong today rose by VND 1,500, reaching VND 146,500/kg;

Pepper in Gia Lai is priced at VND 145,000/kg, up by VND 1,000;

Similarly, traders in Dong Nai raised their purchase price to VND 145,000/kg;

In Ba Ria – Vung Tau, pepper prices stand at VND 144,000/kg, also up by VND 1,000;

Finally, traders in Binh Phuoc increased their prices by VND 1,000, reaching VND 145,000/kg.

The domestic pepper price today continues its upward trend with an increase of VND 1,000 – 2,000. Following a series of strong increases in recent days, the price of this agricultural product has reached as high as VND 147,000/kg.

Compared to last week, domestic pepper prices have surged by VND 4,000 – 7,000 this week.

Thus, the domestic pepper price on December 1, 2024, is trading around 144,000 – 147,000 VND/kg.

$ 1 = VND 25.130 – Source: Vietcombank.