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Vietnamese black and white pepper export prices have stabilized, with Indonesian pepper prices being the only exception, showing an increase over the past few days. Domestic prices remained unchanged over the weekend and on Monday, with market participants awaiting positive signals after September 15, when some activities are expected to resume in various provinces.
1 Domestic Pepper Prices
Pepper prices in the domestic market today ranged from 76,000 – 80,000 VND/kg, unchanged from the same period yesterday in key growing areas.
Specifically, the latest pepper prices in the following provinces are as follows:
- Dong Nai: 76,000 VND/kg
- Gia Lai: 77,000 VND/kg
- Dak Lak and Dak Nong: 78,000 VND/kg
- Binh Phuoc: 79,000 VND/kg
- Ba Ria – Vung Tau: 80,000 VND/kg
The domestic market remained stable over the weekend and on Monday, awaiting positive signals after September 15, when some activities are expected to resume in various provinces.
Pepper prices in the domestic market today ranged from 76,000 – 80,000 VND/kg
2 Export Pepper Information
According to current reports, Vietnam maintains a pepper area of 130,000 hectares with an output of 180,000 tons per year. Vietnamese pepper is now present in 110 countries and territories worldwide. The export volume of Vietnamese pepper currently accounts for 60% of the global pepper export market.
Along with quantity, the quality of Vietnamese pepper has also improved, and the product range has diversified to include black, green, white, powdered, and pickled pepper.
Vietnamese pepper exports account for 60% of the global pepper export market
The above is the pepper price on September 14 that we would like to update you on.