Pepper price on 11/24/2023: Solution to residue in pepper

Pepper prices on 11/24 in the world

World pepper prices on November 24 decreased further in Indonesia but remained flat in other countries.

Accordingly, the price of Lampung black pepper in Indonesia decreased by 0.07%, down to $ 4,031/ton. The price of this country's Muntok white pepper decreased by 0.05%, to $ 6,219/ton.

Malaysia's Kuching ASTA black pepper price remained stable at $ 4,900/ton; This country's ASTA white pepper is still priced at $ 7,300/ton. 

For the Brazilian market, the price of ASTA 570 black pepper remained at $ 3,100/ton.

In Vietnam, export prices of 500 and 550 g/l black pepper are at $ 3,500 and $ 3,600/ton, respectively. The export price of white pepper remained at $ 5,100/ton. 

Thus, world pepper prices on 11/24/2023 are still decreasing in Indonesia compared to yesterday.

Pepper prices on 11/24 in the country

In the domestic market, domestic pepper prices on November 24 continued to move sideways compared to yesterday.

Specifically, Dak Lak and Dak Nong continue to purchase pepper at VND 70,500/kg;

In Gia Lai, pepper prices are trading at VND 69,500/kg;

In Dong Nai, traders maintain purchasing at a price of VND 69,000/kg;

The latest pepper price in Ba Ria - Vung Tau is anchored at VND 72,000/kg;

Meanwhile, Binh Phuoc pepper prices fluctuated sideways, pepper is trading at around VND 72,000/kg.

Thus, domestic pepper prices on 11/24/2023 are trading around VND 69,000 - 72,000/kg.

Efforts to solve the problem of residue in export pepper

According to Mr Viet Anh - Chief of Office of the Vietnam Pepper and Spice Association (VPSA), through analysis and testing of 284 pepper samples collected in the 2 years 2021-2022, conducted by a number of export businesses and laboratories, the number of samples that do not meet the EU's MRL (minimum residue limit) regulations is quite large.

Specifically, 38 active ingredients were detected in these samples, the total frequency of active ingredients: 2,462, the total value meeting EU MRL regulations: 2,051; the total number of samples that failed: 411.

Most pepper samples were contaminated with active ingredients related to the prevention of pests and harmful fungi on pepper plants. Some active ingredients have been banned but still appear in pepper such as: Carbendazim and Chlorpyrifos (-ethyl). This is very worrying if people continue to use banned chemicals to protect pepper.

Faced with that situation, VPSA has updated the EU MRL regulation lookup data with pepper on the association's website. In addition, VPSA is promoting the implementation of programs and projects related to responsible use of chemicals on pepper plants. 

With EU funding, VPSA is coordinating with IDH (Sustainable Trade Initiative) to implement a project to develop sustainable trade in the pepper industry in the 2022/23 period.

According to IDH, as of June 2023, there have been 10 businesses, cooperatives, and cooperative groups participating in the project: Tran Chau, Haprosimex, Simexco, Vietspice, DK Commodity, Ptexim, Vinh Hiep, Binh Minh Cooperative, Nam Yang Cooperative and Safe Agricultural Products Cooperative Groups.

$ 1 = VND 24.050 - Source: Vietcombank