Pepper price today December 14, 2024: Increase of 1,000 VND/kg in the Central Highlands
Pepper price today December 14, 2024 in the domestic market increased from 800 to 1,000 VND/kg in the Central Highlands. The average pepper price is at 145,200 VND/kg. China sharply reduced imports of Vietnamese pepper
Domestic pepper price on December 14, 2024
| Province/district (survey area) | Purchase price (Unit: VND/kg) | Change from yesterday (Unit: VND/kg) |
|---|---|---|
| Gia Lai | 144,000 | +1,000 |
| Ba Ria - Vung Tau | 145,000 | 0 |
| Dak Lak | 146,000 | +1,000 |
| Binh Phuoc | 145,000 | 0 |
| Dak Nong | 146,000 | +800 |
In the Central Highlands region, pepper price today in Dak Lak increased by 1,000 VND/kg compared to yesterday, reaching 146,000 VND/kg.
Pepper price today in Gia Lai increased by 1,000 VND/kg compared to yesterday, currently at 144,000 VND/kg.
Pepper price today in Dak Nong increased by 800 VND/kg compared to yesterday at 146,000 VND/kg.
In the Southeast region, pepper prices in Ba Ria - Vung Tau today are stable compared to yesterday, currently at 145,000 VND/kg. Dong Nai is stable compared to yesterday at 145,000 VND/kg.
In addition, pepper price today in Binh Phuoc is stable 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.
According to VPSA forecast, the last months of the year will be a difficult period for Vietnam's pepper exports. The main reason is that domestic supply is no longer abundant, along with a decrease in demand from China.
However, the agency believes that pepper export situation may improve in early 2025 when demand from China is expected to increase sharply, bringing a more positive outlook for the industry.
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 6,808 USD/ton (down 0.21%), and the price of Muntok white pepper at 9,096 USD/ton (down 0.21%).
The price of Brazilian ASTA 570 black pepper was at USD 6,300/ton (up 0.79%). The price of Malaysian ASTA black pepper was at USD 8,200/ton; the price of this country's ASTA white pepper reached USD 10,400/ton.
Vietnamese black pepper prices today remain high, trading at 6,300 USD/ton for 500 g/l; 550 g/l at 6,600 USD/ton; white pepper prices at 9,400 USD/ton.
According to Comexstat data, Brazil exported 4,302 tons of pepper in November 2024, reaching a turnover of 28 million USD. Compared to October, the export volume increased by 18.8%, while the turnover value increased by 19.6%.
Among the markets importing Brazilian pepper this month, the United States ranked first with 850 tons, followed by Germany with 464 tons and Pakistan with 433 tons. Vietnam ranked eighth with a total import volume of 251 tons.
By the end of November 2024, Brazil had exported a total of 57,290 tons of pepper, reaching a turnover of 257.8 million USD. Compared to the same period last year, the export volume decreased by 21.8%, however, the turnover value increased sharply by 44.9%. Among the largest export markets, the UAE led with 7,556 tons, followed by Vietnam (7,230 tons), Pakistan (6,356 tons), India (5,982 tons), and Senegal (5,252 tons).
