Pepper prices in Vietnam closed this week unchanged from previous week though during the week we witnessed lot of volatility due to a combination of factors.
*Key Factors of Volatility in prices :*
Harvesting in traditional growing areas like Bin Phuoc Dong Nai Loc Ninh and Baria has commenced and new crop will in all probabilities will start coming to the market in a small way from week 8 and Chinese aggressive buying may take a back step
Global Market Dynamics*: Changes in global supply and demand, including Indonesia’s harvest season ending and Brazil’s reduced exports. –
*Currency Fluctuations*: Interest rate cuts by the US Federal Reserve may lead to a stronger currency for pepper-exporting countries, including Vietnam, resulting in higher prices.
* Whole Black Pepper 500 grams/Liter Max 10% Light Berries 12.5% Moisture and 0.5% Extraneous Matter US $7250 pmt FOB HCMC
* Whole Black Pepper 550 grams/Liter Max 5% Light Berries 12% Moisture and 0.2% Extraneous Matter US $7400 pmt FOB HCMC
* Whole Black Pepper 570 grams/Liter Max 2% Light Berries 12% Moisture and 0.2% Extraneous Matter US $7550 pmt FOB HCMC
Please call for tailor made requirements for both Black and White pepper steam sterilised with EU Regulator Compliance as well as Conventional Pepper both Black and White .
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