BLACK PEPPER VIETNAM & WORLD According to the surveys, today’s pepper price increased from last week. Specifically, Gia Lai province adjusted to increase 1,000 VND/kg, to 78,500 VND/kg along with Dong Nai province. After increasing by 500 VND/kg, the two provinces of Dak Lak and Dak Nong are currently purchasing Read more…
BLACK PEPPER VIETNAM & BRAZIL This year has marked a strong recovery of Vietnam’s pepper industry after four years of struggling with difficulties due to oversupply and a strong reduction in prices. The current purchasing prices are 53-54% higher than at the beginning of this year and much higher than Read more…
BLACK PEPPER VIETNAM The price of black and white pepper fell 3.5 percent in the eighth week of 2022. However, demand from the US, Asia, the EU, and Africa is still strong, but China, the world’s second-largest importer of black pepper, has yet to fully enter the market. According to Read more…
BLACK PEPPER: VIETNAM, BRAZIL, INDONESIA Vietnam was closed for 2 weeks for Chinese new year. This year’s harvest in Vietnam is expected to be smaller than last year’s. Figures have been ranging from 170,000 to 200,000 Mt. The crop will be slightly smaller for the third year in a row. Read more…
BLACK PEPPER IN VIETNAM Even though the new crop has been going through harvest in Vietnam since the first week of January, the pepper price still climbed by around 1%. China’s demand remains modest, with only roughly 500 tons imported from Vietnam in January. As China pursues a zero-covid policy, Read more…
BLACK PEPPER IN VIETNAM DuIn Dak Nong (Vietnam), the pepper season 2022 has begun over the previous 2-3 weeks, when some farmers began harvesting, however the quantity right now according to sources is still small. Corresponding to a recent crop survey report, the output of the pepper crop in key Read more…
BLACK PEPPER IN VIETNAM Due to a lack of supply in the market, the price of pepper has been stable in Vietnam recently, despite low demand. From the 29th of January to the 6th of February, Vietnam will celebrate the Lunar New Year, after which farmers will begin harvesting pepper Read more…
Cloves – Cinnamon – Nutmeg Indonesia Indonesian spice exporters have been struggling lately due to low stocks, high costs and low profits and have little hope of recovering before the end of the 2021 season. Due to increased uncertainty around market demand, as well as logistics challenges, Indonesia’s spice export Read more…
Black Pepper Black pepper prices in Vietnam have risen by more than $100 per metric tonne, and stocks are running out. We estimate that Vietnam will still export 45,000–50,000 Mt of black pepper when the new crop is harvested in March 2022. The harvest in Espiritu Santo, Brazil, is in Read more…
Black Pepper High demand and falling production may push the price of black pepper to rise. The wholesale price of black pepper in the Indonesian market has increased since entering the end of the 1st quarter of 2021. The price rose from 3.06 USD/KG in March 2021 to 4.15 USD/KG Read more…