14/9, pepper market today increased 1000 VND/kg in many localities.
Currently prices are being collected by businesses and traders around 49,000 to 50,000 VND/kg. Particularly in Ba Ria - Vung Tau, raw materials are always recorded at 51,000 VND/kg.
Pepper market is starting to recover after falling day and price sideways. Specifically, the price of pepper increased 1,000 VND/kg in some raw materials areas, bringing pepper prices back to 51,000 VND/kg in Ba Ria - Vung Tau and 50,000 VND/kg in Dak Nong, Dak Lak.
Pepper price trends in India in August came after heavy rains had a negative impact on pepper production in Kerala and Karnataka, but observers said pepper prices only rose in the short term. Pepper price in Kochi rose from Rs 340 to Rs 350 a kg in mid July to Rs 410 - Rs 413 a kg at the end of August, but prices have fallen and ranged between Rs 365 - Rs 390 a kg depends on the quality.
Approximately 6,800 tonnes of pepper have arrived in India, according to the report, in the first seven months of 2018, while pepper imports from India in the same period also reached 13,000 tonnes. Pepper imports from the United States reached 27,000 tons and China reached 22,000 tons.