Pepper price today August 21, 2024: Increased across the board, exceeding 140,000 VND/kg
Pepper price today August 21, 2024 is around 140,000-141,000 VND/kg, a slight increase of 1,000 compared to yesterday.
Domestic pepper price on August 21, 2024
Specifically, Dak Lak pepper price was purchased at 141,000 VND/kg. Chu Se pepper price (Gia Lai) was purchased at 140,000 VND/kg, a slight increase of 1,000 VND compared to August 20. Dak Nong pepper price today was recorded at 141,000 VND/kg, a slight increase of 1,000 VND/kg compared to yesterday.
In the Southeast region, pepper prices today increased slightly by 1,000 VND/kg compared to yesterday. Specifically, in Ba Ria - Vung Tau, it is currently at 141,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday; in Binh Phuoc, pepper prices today are at 140,000 VND/kg, an increase of 1,000 VND/kg compared to yesterday.
Thus, today's pepper price, August 21, increased from 1,000 VND in some localities in key growing areas, recording the highest price of 141,000 VND, fluctuating in the price range of 140,000 - 141,000 VND/kg.
Domestic pepper price list on August 21, 2024
| Province/district (survey area) | Purchase price (Unit: VND/kg) | Change from last week (Unit: VND/kg) |
| Dak Lak | 141,000 | 0 |
| Gia Lai | 140,000 | +1,000 |
| Dak Nong | 141,000 | +1,000 |
| Ba Ria - Vung Tau | 141,000 | +1,000 |
| Binh Phuoc | 140,000 | +1,000 |
| Dong Nai | 141,000 | +1,000 |
Ms. Hoang Thi Lien, President of the Vietnam Pepper and Spice Association (VPSA), said that global demand for pepper is increasing. The European Union (EU) is one of the largest pepper import markets from Vietnam.
Vietnamese enterprises are capable of processing pepper with a capacity of up to 140,000 tons per year, creating opportunities for the development of this industry.
VPSA is aiming to stabilize pepper growing areas and improve product quality. The goal is to diversify pepper processed products and increase added value.
VPSA recommends that farmers apply international standards, especially those on chemical residues. Farmers are also guided to implement cultivation, pest control, and product preservation procedures appropriate to local climatic conditions.
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 7,472 USD/ton (up 0.8%), and the price of Muntok white pepper at 8,798 USD/ton (up 0.8%).
The price of Brazilian ASTA 570 black pepper decreased to USD 6,175/ton (down 0.64%). The price of Malaysian ASTA black pepper remained stable at USD 8,500/ton; the price of this country's ASTA white pepper 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.