Update the latest pepper prices today 5/6/2023 online. Pepper prices today remained stable in localities. Domestic and world pepper was flat last weekend.
Pepper price today 5/6 in the range of 72.000 - 75.000 VND/kg. From March 3, pepper prices have continuously decreased. Concerns about reduced supply helped pepper prices to reach 2022 VND/kg as of now.
1. Pepper price today 5/6/2023 in the country
Pepper price today moving sideways in different localities compared to the same time yesterday. Domestic and international markets remained stable in the last days of last week. Domestic pepper prices last week increased by 500-1.000 VND/kg. From the beginning of the year, domestic pepper prices tended to increase, but export prices dropped sharply. According to data from the Ministry of Agriculture and Rural Development, in the first five months of the year, Vietnam exported 5 tons of pepper, equivalent to $138.000 million, up 414% in volume but down 38,4% in value. value compared to the same period in 9,9. Predicting pepper price this week, experts say there has not been a strong change. The market fluctuated upward in a narrow range as supply concerns remained high.
2. World pepper price
According to the update from the International Pepper Association (IPC) on July 5 (local time), the world pepper price compared to July 6 is as follows:
- Lampung black pepper price (Indonesia): At $3.581/ton, unchanged
- Brazilian Black Pepper Price ASTA 570: At $2.950/ton, unchanged
- Kuching (Malaysia) Black Pepper Price ASTA: At $4.900/ton, unchanged
- Muntok white pepper price: At $6.091/ton, unchanged
- Malaysian white pepper price ASTA: At $7.300/ton, unchanged