Up by VND 1,000 in Central Highlands

Pepper prices on October 17 globally

Globally, pepper prices on October 17 saw mixed movements.

Specifically, the price of Lampung black pepper in Indonesia slightly increased by 0.12%, reaching $ 6,764/ton. Meanwhile, the price of Muntok white pepper from the same country also rose by 0.12%, reaching $ 9,260/ton.

In Malaysia, Kuching ASTA black pepper is priced at $ 8,700/ton, while ASTA white pepper is priced at $ 11,200/ton.

In Brazil, the price of ASTA 570 black pepper dropped by 2.22%, trading at $ 6,400/ton.

In Vietnam, export prices for 500 g/l black pepper are trading at $ 6,500/ton, while 550 g/l black pepper is priced at $ 6,800/ton. Export prices for white pepper are at $ 9,500/ton, marking a significant decrease of 3.68%.

Global pepper prices today have slightly increased in Indonesia but saw a sharp decline for Brazil’s black pepper and Vietnam’s white pepper exports. Meanwhile, other countries have maintained stable prices.

Thus, global pepper prices on 10/17/2024 exhibited mixed trends compared to yesterday.

Pepper prices on October 17 domestically

In the domestic market, pepper prices on October 17 continued to rise in some regions compared to yesterday. Specifically:

• Dak Lak is still purchasing pepper at VND 145,000/kg, an increase of VND 1,000.
• Similarly, Dak Nong’s pepper price has risen to VND 145,000/kg.
• Gia Lai’s pepper is trading at VND 144,000/kg, up VND 500.
• Traders in Dong Nai are buying pepper at VND 143,500/kg.
• Prices in Ba Ria – Vung Tau remain stable at VND 144,000/kg.
• Traders in Binh Phuoc are also trading pepper at VND 144,000/kg.

Domestic pepper prices today have increased by VND 1,000 in Dak Lak and Dak Nong, along with an additional VND 500 in Gia Lai. Meanwhile, other key regions have remained stable. As a result, the price of this agricultural product has returned to VND 145,000/kg.

Thus, domestic pepper prices on 10/17/2024, are trading around VND 143,500 – 145,000/kg.

$ 1 = VND 24.910 – Source: Vietcombank.