Vietnam Pepper Market Update: Low Inventory and Speculative Pressure Influence Prices

Black Pepper

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As of June 25, 2024, the Vietnam pepper market is trading at approximately 145,000-146,000 VND per kilogram.

Due to low inventory levels this year, most farmers have retained their stock. The significant price drop earlier this week likely involved speculative factors. Agents holding farmers' goods are now exerting pressure on prices.