Trade4go Summary
On October 24, 2024, global pepper prices experienced a slight decline in Indonesia, with both Lampung black pepper and Muntok white pepper decreasing by 0.39%. Prices in Malaysia, Brazil, and Vietnam remained stable, while Vietnamese export prices for black and white pepper were 6,500-6,800 USD/ton and 9,500 USD/ton, respectively. Domestically, Vietnamese pepper prices rose by 1,000-1,500 VND/kg, reaching up to 146,500 VND/kg. The global pepper market is anticipated to stay high in the short term due to limited supply, which benefits the Vietnamese pepper industry, although high prices might restrict consumption, especially with weak demand from China.
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 prices today October 24 In the world, pepper prices on October 24 continued to decrease slightly in Indonesia. Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.39%, to 6,727 USD/ton. The price of Muntok white pepper in the country also decreased by 0.39%; at 9,210 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 11,200 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper is traded at 6,400 USD/ton. In Vietnam, the export price of 500 g/l black pepper is traded at 6,500 USD/ton; and 550 g/l is 6,800 USD/ton. The export price of white pepper is currently at 9,500 USD/ton. Today's world pepper price is still decreasing slightly in Indonesia but remains stable in other countries. Thus, the world pepper price on October 24, 2024 is still decreasing in Indonesia compared to yesterday. Today's domestic pepper price on October 24 Domestic pepper ...
Agriculture
Oct 24th, 2024
