For reference: The most detailed update on pepper prices!
As of the latest trading session, which ended at 0:15 on August 27, the spot pepper price at the Kochi exchange in India was 41,333.35 Rupees/quintal (highest) and 41,300 Rupees/quintal (lowest). This marks a continuation of the sideways trend from the previous session. For a more comprehensive overview, please refer to the following article.
1 Domestic Pepper Prices
Today’s pepper prices in the domestic market ranged from 74,000 to 79,000 VND/kg in the key growing areas.
Specifically, the latest pepper prices for today in various provinces are as follows:
- Gia Lai and Dong Nai recorded the lowest price at 74,000 VND/kg
- Dak Lak and Dak Nong: 76,500 VND/kg
- Binh Phuoc: 78,000 VND/kg
- Ba Ria – Vung Tau had the highest price at 79,000 VND/kg
According to Vietnambiz, there are many positive factors in the pepper market in the coming time, which promises to bring the pepper industry out of the long-lasting crisis.
Pepper prices are fluctuating between 74,000 and 79,000 VND/kg, doubling from the beginning of the year
2 Global Pepper Price Update
In the global market today, as of 0:15 on August 27, the spot pepper price at the Kochi exchange in India was 41,333.35 Rupees/quintal (highest) and 41,300 Rupees/quintal (lowest), maintaining a sideways trend from the previous session.
The State Bank of Vietnam’s applied exchange rate for calculating import and export taxes, effective from August 26 to September 1, 2021, is 312.08 VND/INR.
Global pepper prices continue to trade sideways compared to the previous session
The above information provides the latest pepper prices as of August 27.
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