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The latest trading session for black pepper futures ended at 00:15 on August 19, with prices ranging from 41,300 to 41,375 Rupees per quintal on the Kochi, India exchange. For more details on the latest pepper prices, please refer to the article below.
1. Domestic Pepper Prices
Pepper prices in the domestic market today are ranging from 76,500 to 79,500 VND per kg in the key growing areas.
Specifically, the latest pepper prices in the following provinces are as follows:
- Dong Nai and Gia Lai have the lowest prices at 76,500 VND per kg
- Dak Lak and Dak Nong are at 77,500 VND per kg
- Binh Phuoc is at 78,500 VND per kg
- Ba Ria – Vung Tau has the highest price at 79,500 VND per kg
Currently, even if pepper prices increase to 80,000 VND per kg, not many farmers will benefit. This is simply because there is no pepper left to sell. Previously, experts also predicted that with the current situation, the domestic market will gradually have to release its reserves of 40,000 tons of pepper, and there are no more sources of cheap pepper available.
In the global market today, as of 00:15 on August 19, the price of black pepper on the Kochi, India exchange ranged from 41,300 to 41,375 Rupees per quintal, a slight increase compared to the previous session.
The State Bank of Vietnam’s applicable exchange rate for calculating import and export taxes from August 12 to 18, 2021, is 311.41 VND/INR.
Global pepper prices slightly increased compared to the previous session
The above information provides the latest pepper prices as of August 19.
Today’s Black Pepper Prices 08/04/2021: A Slight Uptick, Trading at 72,000 – 75,000 VND per kg
Today, we delve into the world of pepper prices and the fluctuations they’re experiencing. While global prices continue on a downward trajectory, some local regions are witnessing a reversal with prices inching upwards. Join us as we explore the intricacies of today’s pepper market and uncover the factors driving these contrasting trends.
peppercorn-prices-steady-domestic-market-lowest-at-76000-vnd-kg/’ title=’Today’s Peppercorn Prices: Steady Domestic Market, Lowest at 76,000 VND/kg’>Today’s Peppercorn Prices: Steady Domestic Market, Lowest at 76,000 VND/kg
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Today’s pepper prices remain stable, ranging from 76,000 to 80,000 VND per kg. There were no changes in prices across key growing regions. Let’s delve into the details and explore the current state of the pepper market together!