Trade4go Summary
Pepper prices in Indonesia saw a significant increase on January 14, with Lampung black pepper and Muntok white pepper rising by 4.39% and 3.19% respectively. However, prices in Malaysia and Brazil remained stable. In Vietnam, black pepper price decreased slightly while white pepper price remained the same. The domestic pepper price in Vietnam fluctuated slightly, remaining high at 147,000 VND/kg. The article also highlights the challenges faced by the pepper industry, including climate change, competition from other crops, high labor costs, labor shortages, and regulations on pesticide residues and environmental standards. The pepper industry is encouraged to move towards sustainable development through the application of integrated pest and plant health management practices.
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
Pepper price today, January 14, latest in the world In the world, pepper prices on January 14 increased sharply in Indonesia. Accordingly, the price of Lampung black pepper in Indonesia increased by 4.39%; to 7,155 USD/ton. The price of Muntok white pepper increased sharply by 3.19%; to 9,248 USD/ton. The price of Kuching ASTA black pepper in Malaysia is 8,700 USD/ton; while the price of ASTA white pepper in this country is 11,100 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper is 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 price increased by more than 3% in Indonesia, while other countries remained stable. Thus, the world pepper price on January 14, 2025 only increased in Indonesia compared to yesterday. Today's domestic pepper ...