Pepper price today December 10, 2024: Slight decrease in some localities
Pepper prices today, December 10, 2024, in the domestic market decreased slightly in some localities from 500 to 1,000 VND/kg. Although the output is expected to be good, the market trend will depend on the willingness of pepper growers to sell.
Domestic pepper price on December 10, 2024
| Province/district (survey area) | Purchase price (Unit: VND/kg) | Change from yesterday (Unit: VND/kg) |
|---|---|---|
| Gia Lai | 146,000 | -500 |
| Ba Ria - Vung Tau | 146,000 | 0 |
| Dak Lak | 147,000 | 0 |
| Binh Phuoc | 145,000 | -1,000 |
| Dak Nong | 147,200 | 0 |
In the Central Highlands region, pepper prices today in Dak Lak are stable compared to yesterday, reaching 147,000 VND/kg.
Pepper price today in Gia Lai decreased by 500 VND/kg compared to yesterday, currently at 146,000 VND/kg.
Pepper price today in Dak Nong is stable compared to yesterday at 147,200 VND/kg.
In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 146,000 VND/kg. Dong Nai is stable compared to yesterday at 146,000/kg.
In addition, pepper price today in Binh Phuoc decreased by 1,000 VND/kg compared to yesterday, currently at 145,000 VND/kg.
Note: The above prices are for reference only, the actual price will vary depending on the locality, shipping method, payment method, transaction volume, etc. Readers please contact the nearest pepper businesses and agents for specific advice.
In Vietnam, prolonged rains after a severe drought earlier this year have generally been favorable for pepper production. Flowering and fruiting have been good in most pepper growing areas in the Central Highlands. As a result, production is expected to increase next season and harvest is expected to begin in February.
World pepper price today
Update on world pepper prices from the International Pepper Community (IPC), at the end of the most recent trading session, IPC listed the price of Indonesian Lampung black pepper at 6,841 USD/ton (up 2.02%), and the price of Muntok white pepper at 9,141 USD/ton (down 0.08%).
The price of Brazilian ASTA 570 black pepper is at 6,275 USD/ton. The price of Malaysian ASTA black pepper is at 8,200 USD/ton; the price of this country's ASTA white pepper is at 10,400 USD/ton.
Vietnamese black pepper prices today decreased slightly, trading at 6,200 USD/ton for 500 g/l; 550 g/l at 6,500 USD/ton; white pepper prices at 9,300 USD/ton.
In the medium term, Harris Spice said that price movements will depend largely on production in Vietnam and Brazil. While good production is expected in both countries, the direction of the market will depend on the willingness of pepper growers to sell, especially as high prices for alternative crops over the past year have significantly increased their holding capacity.
