Vietnam Pepper Market Update
Black Pepper
•Published on
As of July 11, the price of pepper is approximately 153,000 VND/kg. After two consecutive days of increases, domestic pepper prices have slightly decreased. In Dak Lak, Dak Nong, Gia Lai, and Dong Nai provinces, today's pepper price is 153,000 VND/kg. Similarly, in Ba Ria - Vung Tau and Binh Phuoc provinces, the price is also 153,000 VND/kg.
It is noteworthy that pepper prices across all provinces are uniformly listed at the same rate.
Economic experts predict that pepper prices will continue to rise. However, there may be minor short-term downward adjustments, but they are not expected to be significant, and the market has established a new price level.