Pepper price today July 29, 2024: Maintaining the threshold of 150,000 VND/kg

On July 29, 2024, the global pepper market remained stable with no new price fluctuations. In Indonesia, Lampung black pepper is priced at 7,150 USD/ton and Muntok white pepper at 9,103 USD/ton. Malaysia's Kuching ASTA black pepper is at 7,500 USD/ton and ASTA white pepper at 8,800 USD/ton. Brazil's ASTA 570 black pepper trades at 6,950 USD/ton, while Vietnam's 500 g/l black pepper is at 6,000 USD/ton and 550 g/l at 6,600 USD/ton, with white pepper at 8,800 USD/ton. Domestically, Vietnamese pepper prices are stable at 149,000 - 150,000 VND/kg. The article notes significant volatility in the pepper market in Q2 2024, with prices reaching 8-year highs due to decreased output in Brazil and Vietnam. Experts predict the supply shortage will continue to affect the market until the end of the season. Additionally, the article discusses competition between pepper and other crops like durian, passion fruit, and coffee.

Pepper prices today July 29 in the world Around the world, the pepper market on July 29 remained stable. Accordingly, the price of Lampung black pepper in Indonesia is anchored at 7,150 USD/ton. The price of Muntok white pepper in this country remains at 9,103 USD/ton. Malaysia's Kuching ASTA black pepper price remained at 7,500 USD/ton; This country's ASTA white pepper costs 8,800 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper is trading at 6,950 USD/ton. In Vietnam, the export price of 500 g/l black pepper is trading at 6,000 USD/ton; and the 550 g/l type is at 6,600 USD/ton. The export price of white pepper remains at 8,800 USD/ton. World pepper prices today have no new fluctuations. Last week, the pepper market fluctuated in opposite directions. In particular, Indian pepper prices continued to decrease, while Indonesia's prices remained flat. Domestic pepper prices in Malaysia continue to increase. The decrease in pepper output in Brazil and Vietnam has ...