Vietnam Pepper Prices surges again on Chinese Buying
Asian currencies have all appreciated against US$ so prices in US $ are all high this week across all origins.
Small Medium importers are buying hand to mouth and exporters have serious cash crunch in Vietnam as credit lines are cut and suppliers need immediate payment on delivery. With major chunk of carryover stocks are sold this year and very low imports Vietnam is running out of stocks and won’t be surprised if local prices surpass the highs we have seen this year as the next (2025) crop also is delayed in Vietnam and will commence only on Late March or early April and it’s impossible for Vietnam to feed the world market for the next 5 months with the kind of stocks they have.
Please call us to organise your supply chain for the last quarter shipment of pesticide complaint Whole Black and white Pepper both conventional and steam sterilised
At close of business following quotes were available on fob terms as local sellers were unwilling to offer firm
Whole Black Pepper 500 gl Asta Cleaned US$ 7250 pmt
Whole Black Pepper 550 gl Asta cleaned US$
7400 pmt
Whole Black Pepper 570 gl Asta cleaned US$
7550 pmt
Whole White Pepper 630 gl Asta cleaned US$
10500 pmt
Best Regards
Jojan Malayil
UNITED SPICE COMPANY LIMITED
Add: Lot D, D2 & N2 St, Nam Tan Uyen Industrial Zone,
Khanh Binh Ward, Tan Uyen District, Binh Duong, Vietnam 820000
Tel: +84 274 3653719 Fax:+84 274 3653721
Email : jojan@unispicevn.com
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