FDI enterprises are the leading pepper exporters in Vietnam
PEPPERTRADE SPICES BOARD BLOG
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2d ago
  According to VPSA data, VPSA enterprises accounted for nearly 90% of Vietnam's total pepper exports in the first quarter with a volume of 50,918 tons, an increase of 16.8% over the same period. In contrast, businesses outside VPSA only exported 5,794 tons, a sharp decrease of 82.5% and accounting for 10.2%. Two foreign-invested enterprises, Olam Vietnam and Nedspice Vietnam, ranked ..read more
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Pepper market April 1, 2024: Market goes sideways, highest 95,000 VND/kg
PEPPERTRADE SPICES BOARD BLOG
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2d ago
 Currently, farmers in key pepper growing areas in the Central Highlands and Southeast are entering the end of the 2024 harvest season.Commenting on the export market, Ms. Hoang Thi Lien, President of VPSA, said that thanks to stable supply and guaranteed quality, Vietnamese pepper has advantages when penetrating markets. In particular, pepper exports to the Chinese market are expected to ..read more
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Pepper prices cooled down due to the lack of Chinese purchasing power
PEPPERTRADE SPICES BOARD BLOG
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2d ago
 After increasing by more than 30% in the three months from December 2023 to February this year, black pepper prices in the domestic market have leveled off and are showing signs of cooling down.As of the trading session on April 10, black pepper prices in the Central Highlands and Southeast regions fluctuated between 90,000 - 91,000 VND/kg, down 2,000 - 6,000 VND/kg (corresponding to ..read more
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Will pepper prices still stay high in the near future?
PEPPERTRADE SPICES BOARD BLOG
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2d ago
 Although there is a downward adjustment, pepper prices are expected to remain at a high level in the near future.In a recent report, the Import-Export Department (Ministry of Industry and Trade) forecasts that pepper prices in producing countries will continue to remain high due to increased demand, while supply from producing countries Indonesia, Brazil, Malaysia and Cambodia are not ..read more
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Pepper productivity decreased sharply due to prolonged drought and disease
PEPPERTRADE SPICES BOARD BLOG
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2d ago
 Prolonged drought, along with many diseases, caused pepper productivity in Kien Giang to decrease sharply, and farmers were less happy because the pepper crop failed.Pepper prices are rising again after a long period of low levels. Currently, traders are buying at the garden for 95,000 VND/kg, an increase of nearly 30,000 VND/kg compared to the end of 2023. Although prices have increased ..read more
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Will pepper prices still go up in the near future?
PEPPERTRADE SPICES BOARD BLOG
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1M ago
 At the Vietnam Pepper and Spice Industry International Conference - VIPO 2024 held on March 8-10, Mr. Jasvinder Singh, Sethi, CEO and Founder of Namagro Vietnam, said that global consumption demand is about 600,000 – 700,000 tons.This demand is met through imports and self-cultivation in the country. Asia consumes the most pepper in the world with 400,000 tonnes, of which half is ..read more
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Vietnam pepper market update 11th March 2024 – Week 10
PEPPERTRADE SPICES BOARD BLOG
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1M ago
We would like to send you a quick highlight Vietnam pepper market update 11th March 2024 – Week 10.Last week, the price of pepper has some downward adjustments as it is currently the main harvesting season, leading to a more abundant supply. The price of pepper has decreased from 96,500 VND to 95,000 VND, a decrease of 1.55%. Demand continues to be strong from various markets such as the US ..read more
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 Update the latest domestic and world pep...
PEPPERTRADE SPICES BOARD BLOG
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1M ago
 Update the latest domestic and world pepper prices on March 4, 2024Pepper price  today is 4/3 in the worldIn the world, the pepper market on March 4 remained stable in many countries.Accordingly, the price of Lampung black pepper in Indonesia is anchored at 3,896 USD/ton. The price of Muntok white pepper in this country remains at 6,142 USD/ton.Malaysia's Kuching ASTA black ..read more
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Pepper Talk// Pepper Market Report by Royal Golden// Week 10 – 2024
PEPPERTRADE SPICES BOARD BLOG
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1M ago
 Week 9 ended firm on Saturday at level 96,000 VND per kg after some reported covering from shippers that had happened at level 95,000 VND.  Overall, since the beginning of the year, black pepper prices have increased by about 14%. Having about an upsurge of 28% for February this year compared to last year same month period, while about 15% beginning March in comparison to last February ..read more
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Pepper market on March 3, 2024: Increased from 1,000 VND/kg to 3,000 VND/kg in the past week
PEPPERTRADE SPICES BOARD BLOG
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1M ago
 Pepper prices today  (March 3) fluctuate between 92,000 - 93,500 VND/kg. Last week, the pepper market tended to go up. Compared to the beginning of the week, key provinces recorded the highest increase of 3,000 VND/kg.According to the survey, the lowest price is currently 92,000 VND/kg recorded in Dong Nai and Gia Lai provinces, increasing by 2,000 VND/kg and 3,000 VND/kg respectively ..read more
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