Vietnam Preparing for Lunar New Year / A Good Opportunity for Coverage for 1 st Quarter 2025
Vietnam pepper prices aren’t increasing as expected, despite low carryover stocks and a delayed 2025 crop. Several factors are contributing to this stable pricing. Global Market Condition: The global pepper market is currently stable, with prices in major producing countries like Indonesia, Malaysia, and Brazil remaining steady. This stability is influencing Vietnam’s pepper prices. Low Trading Activity The pepper market is experiencing low trading activity, with farmers, agents, and exporters limiting sales in anticipation of higher prices after the Lunar New Year. Delayed Harvest While [...]