Pepper price today August 14, 2024: Pepper price increased slightly by 1,000 VND
Pepper price today August 14, 2024 is in the range of 137,500-138,500 VND/kg, a slight increase of 500 to 1,000 VND compared to yesterday, the highest purchase price in Dak Nong and Dak Lak is 138,500 VND/kg.
Specifically, Dak Lak pepper price was purchased at 138,500 VND/kg, a slight increase of 500 VND compared to yesterday. Chu Se pepper price (Gia Lai) was purchased at 138,000 VND/kg, a slight increase of 1,000 VND compared to yesterday. Dak Nong pepper price today was recorded at 138,500 VND/kg, a slight increase of 1,000 VND/kg compared to yesterday.
In the Southeast region, pepper prices today increased slightly from 500 to 1,000 VND/kg compared to yesterday. Specifically, in Ba Ria - Vung Tau, it is currently at 138,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday; in Binh Phuoc, pepper prices today are at 137,500 VND/kg, an increase of 500 VND/kg compared to yesterday.
Thus, pepper price today, August 14, increased slightly from 500 - 1,000 VND/kg in some localities in key growing areas, recording the highest price of 138,500 VND, fluctuating in the price range of 137,500 - 138,500 VND/kg.
Domestic pepper price on August 14, 2024
| Province/district (survey area) | Purchase price (Unit: VND/kg) | Change from last week (Unit: VND/kg) |
| Dak Lak | 138,500 | +500 |
| Gia Lai | 138,000 | +1,000 |
| Dak Nong | 138,500 | +1,000 |
| Ba Ria - Vung Tau | 138,000 | +1,000 |
| Binh Phuoc | 137,500 | +500 |
| Dong Nai | 138,000 | +1,000 |
In the first 7 months of 2024, Vietnam spent 80.4 million USD to import 19,600 tons of pepper, up 15% over the same period last year. Most of the imported pepper came from Cambodia, Indonesia and Brazil, accounting for 92% of Vietnam's total pepper import value.
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 7,298 USD/ton (down 0.3%), and the price of Muntok white pepper at 8,592 USD/ton (down 4.21%).
Brazilian ASTA 570 black pepper prices remained stable at USD 6,100/ton. Malaysian ASTA black pepper prices remained stable at USD 8,500/ton; the country's ASTA white pepper prices reached USD 10,400/ton.
Vietnam's black pepper price remains at a high level of 5,800 USD/ton for 500 g/l; 550 g/l at 6,200 USD/ton; white pepper price at 8,500 USD/ton.
Below is the updated pepper price list from the International Pepper Community (IPC) according to the most recent trading session:
| Pepper Type | Price (USD/ton) | Change (%) |
|---|---|---|
| Lampung Black Pepper (Indonesia) | 7,298 | -0.3% |
| Muntok White Pepper (Indonesia) | 8,592 | -4.21% |
| Black Pepper ASTA 570 (Brazil) | 6,100 | - |
| ASTA Black Pepper (Malaysia) | 8,500 | - |
| ASTA White Pepper (Malaysia) | 10,400 | - |
| Black pepper 500 g/l (Vietnam) | 5,800 | - |
| Black pepper 550 g/l (Vietnam) | 6,200 | - |
| White pepper (Vietnam) | 8,500 | - |
