The domestic pepper market on December 10th saw inconsistent price adjustments across localities, with common trading prices ranging from 147,500 to 149,500 VND/kg. Meanwhile, the global market remained relatively stable.
Trends in domestic pepper prices
Specifically, in Gia Lai, the price of pepper decreased by 500 VND/kg compared to yesterday, falling to 147,500 VND/kg, the lowest price recorded. Conversely, the price in Dak Lak increased slightly by 500 VND/kg, reaching 149,500 VND/kg, the same as in Lam Dong province.
In other localities such as Dong Nai and Ho Chi Minh City, pepper prices remained stable at 148,000 VND/kg. This slight fluctuation reflects the cautious sentiment of the market in the context of a sharp drop in coffee prices, causing both growers and traders to be more cautious in year-end transactions.
Pepper price list in some localities on December 10th.
| Local | Price (VND/kg) | Change |
|---|---|---|
| Dak Lak | 149,500 | +500 |
| Lam Dong | 149,500 | Unchanged |
| Dong Nai | 148,000 | Unchanged |
| Ho Chi Minh City | 148,000 | Unchanged |
| Gia Lai | 147,500 | -500 |
World pepper market
According to data from the International Pepper Association (IPC), export pepper prices in major markets around the world remained unchanged during the morning trading session on December 10th.
- Indonesia: Lampung black pepper prices remain at US$6,995/ton; Muntok white pepper is US$9,643/ton.
- Brazil: ASTA black pepper prices remain at $6,250 per ton.
- Malaysia: The price of ASTA black pepper is US$9,200/ton; the price of ASTA white pepper is US$12,300/ton.
- Vietnam: Export prices for white pepper are at US$9,250/ton; black pepper (500 gr/l) is at US$6,500/ton and (550 gr/l) is at US$6,700/ton.
Despite the prolonged period of quiet trading, observers believe that the supply-demand balance is gradually tightening, potentially leading to more unpredictable changes in the coming period as the market enters the year-end phase.
Source: https://baolamdong.vn/gia-tieu-1012-bien-dong-nhe-cao-nhat-149500-dongkg-409282.html
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