Pepper Market Update mid week 34 2024

Pepper Market Update mid week 34 2024

Black and White pepper prices in Vietnam increased USD 200 pmt during the course of the week with limited inventories available for sale in the market as from January to mid August Vietnam exported 174,000 mts of pepper including imported which amounts to 25000 mts through official channels and another 15000 mts through its borders from Cambodia and Laos . The estimated out put was pegged between 160-180,000 mts for 2024. Most of the previous years carry over was sold this year with prices locally moving up from 95000 Vietnam  Dongs per kilo to 185,000 Dongs per Kilo in May this year. 

 
Currently major players are concentrating in Indonesia where the harvest is peaking for coverage as chasing local sellers in Vietnam will flare up the prices .Vietnam Dongs also have appreciated against US$ making prices in $ terms higher.  Advise coverage soonest otherwise will end up paying fancy prices . 
 
Please call us to discuss your requirements for near term shipments pesticide compliant steam sterilised Black and White Pepper .

Best Rgds 

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  

www.unispicevn.com

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