July 8, 2025 | 16:12 GMT +7

  • Click to copy
Thursday- 10:09, 28/11/2024

Pepper prices on November 28, 2024: Mixed fluctuations

(VAN) Pepper prices on November 28, 2024, in the domestic market showed mixed fluctuations of VND 1000. Domestic pepper prices are at VND 140,000 - 142,200/kg.
Latest domestic and global pepper price update on November 28, 2024

Latest domestic and global pepper price update on November 28, 2024

Pepper prices on November 28 globally

Globally, pepper prices on November 28 remained unchanged.

Specifically, black pepper from Lampung, Indonesia, is steady at $ 6,596/ton, while white pepper from Muntok is at $ 9,101/ton.

In Malaysia, Kuching ASTA black pepper is priced at $ 8,400/ton, and ASTA white pepper is at $ 10,500/ton.

In the Brazilian market, ASTA 570 black pepper is trading at $ 6,050/ton.

For Vietnam's exports, black pepper 500 g/l is trading at $ 6,200/ton, while 550 g/l is priced at $ 6,500/ton. White pepper for export is at $ 9,400/ton.

Global pepper prices remained steady across all countries.

Mr Nguyen Quy Duong, Deputy Director of the Plant Protection Department (Ministry of Agriculture and Rural Development), shared that the global pepper market is in a price surge cycle. By 2024, the price of pepper has doubled compared to previous periods, providing strong incentives for farmers to invest heavily in pepper cultivation.

Thanks to the high prices, pepper farmers are enjoying good income this year. However, this crop is also facing significant challenges such as climate change, increasing pest problems, competition from other crops, and rising production costs.

Thus, pepper prices on November 28, 2024, globally remain stable compared to yesterday.

Pepper prices on November 28 domestically

In Vietnam, pepper prices today showed uneven changes compared to yesterday.

Specifically, in Dak Lak, the price increased by VND 1,000, reaching VND 142,000/kg.

In Dak Nong, prices rose by VND 1,200, reaching VND 142,200/kg.

In Gia Lai, the price is VND 141,500/kg, up by VND 1,000.

Similarly, in Dong Nai, traders are buying pepper at VND 141,500/kg.

In Ba Ria - Vung Tau, prices fell by VND 1,000 to VND 140,000/kg.

Lastly, in Binh Phuoc, the price increased by VND 1,000, reaching VND 141,000/kg.

Today, domestic pepper prices showed mixed trends when they dropped by VND 1,000 in Ba Ria Vung Tau and increased by VND 1,000 to VND 1,200 in other key areas.

To develop pepper as a focused commodity industry, localities have implemented specific guidelines for the development of the pepper sector through resolutions, projects, programs, and concrete plans.

These efforts focus on improving product quality, linking with storage, processing, and consumption along the value chain. They also emphasize advancing technical applications and high-tech in production and forming raw material regions to meet market demands.

Thus, domestic pepper prices are trading between VND 140,000/kg and VND 142,200/kg.

$ 1 = VND 25.145 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

Japan average rice price down for 6th straight week

Japan average rice price down for 6th straight week

(VAN) The average price was down 129 yen from the previous week and below 3,700 yen for the first time in 21 weeks. It dropped by over 100 yen for the third successive week.

FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices

FAO Food Price Index up slightly in June due to higher meat, dairy and vegetable oil prices

(VAN) Global cereal production set to reach an all-time high, although hot and dry weather could impact yields.

Coffee prices on July 3, 2025: Robusta reverses and drops sharply

Coffee prices on July 3, 2025: Robusta reverses and drops sharply

(VAN) Coffee prices on July 3, 2025, declined globally, with Robusta dropping by 1.4%. Domestic prices fell by VND 900, trading at VND 94,300 – VND 94,800/kg.

N. Korean rice prices stabilize at record highs

N. Korean rice prices stabilize at record highs

'Rice prices keep rising while market activity stays sluggish, and many people are struggling to put food on the table,' a source in Ryanggang province told Daily NK.

Rising rice prices fueling consumer shift toward noodles, pasta

Rising rice prices fueling consumer shift toward noodles, pasta

(VAN) Japanese consumers have made a sharp shift away from high-priced rice to noodles and other cost-effective staples, the start of a possible sea-change in diets in the country, retailers and industry experts say.

Global Urea prices surge on Middle East conflict

Global Urea prices surge on Middle East conflict

(VAN) Global prices of key fertilizer ingredient urea have surged alongside escalating violence in the Middle East, which threatens to choke supplies of the crop nutrient from a significant producing and exporting region.

Coffee prices on June 27, 2025: Market rebounds

Coffee prices on June 27, 2025: Market rebounds

(VAN) Coffee prices on June 27, 2025, have rebounded globally. Domestic prices rose by VND 3,000, climbing to around VND 93,500 – VND 93,800/kg.

Read more