Today, black and white pepper prices opened very firm, with multinational companies actively purchasing available stock. This strong demand has pushed local prices higher, and we’ve been feeling a squeeze in supplies over the past two weeks.
Prices opened at 150,000 Vietnam Dongs per Kilo. After a few lots were traded at this price, sellers began to withdraw due to a lack of offers from the farming side.
Following are the FOB price quotes for the Day from indicative prices we saw in the market
Whole Black Pepper 500 gl FAQ pre leaned and destoned USD 5950 pmt
Whole Black Pepper Asta Cleaned Min 500 gl Max 10 % Light Berries Extraneous Matter 0.2 %
Moisture Max 12.5 % USD 6450 Pmt
Whole Black Pepper Asta Cleaned Min 550 gl Max 5 % Light Berries Extraneous Matter 0.2 %
Moisture Max 12.5 % USD 6580 Pmt
Whole Black Pepper Asta Cleaned Min 570 gl Max 2% Light Berries Extraneous Matter 0.2 %
Moisture Max 12.5 % USD 6710Pmt
Double Washed White Asta Cleaned Min 630 gl
USD 9400 pmt
Best Rgds
Jojan Malayil
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