Trade4go Summary
As of January 12, 2025, global pepper prices remained stable with Lampung black pepper in Indonesia, Muntok white pepper, Kuching ASTA black pepper, and ASTA white pepper in Malaysia, and Brazilian ASTA 570 black pepper priced at 6,841 USD/ton, 8,953 USD/ton, 8,700 USD/ton, 11,100 USD/ton, and 6,350 USD/ton respectively. However, Vietnam saw a decrease in export prices for black pepper due to a decrease in demand. In India, domestic demand is driving prices higher due to low supply and weak imports, with the medium-term forecast showing an increase in black pepper MG1 prices. In contrast, the domestic pepper market in Vietnam has sharply decreased by 1,000 - 2,500 VND, trading around 147,000 - 147,500 VND/kg.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
World pepper price today January 12 In the world, pepper prices on January 12 did not have any new fluctuations. Accordingly, the price of Lampung black pepper in Indonesia remained at 6,841 USD/ton. The price of Muntok white pepper was fixed at 8,953 USD/ton. The price of Kuching ASTA black pepper in Malaysia was 8,700 USD/ton; while the price of ASTA white pepper in this country was 11,100 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper was traded at 6,350 USD/ton. In Vietnam, the export price of black pepper decreased simultaneously when the 500 g/l type was traded at 6,350 USD/ton; and the 550 g/l type was at 6,650 USD/ton. Similarly, the export price of white pepper is at 9,550 USD/ton. Today's world pepper prices are flat. This week's summary shows that the global pepper market has fluctuated in opposite directions. In particular, most countries have increased, while Vietnam's pepper exports have decreased quite sharply. In India, with the new crop ...
Agriculture
Jan 12th, 2025
