Vietnam Pepper Market Update
Black Pepper
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As of July 8th, Vietnam Pepper prices range from 150,000 to 151,000 VND/kg. Last week, prices fell by up to 6,000 VND/Kg. Due to a continued supply shortage, pepper prices are expected to rise this week and potentially regain the 160,000 VND/Kg mark.
In Dak Lak province, the current pepper purchase price is 151,000 VND/Kg. Similarly, in Dak Nong province, today's pepper price is also 151,000 VND/Kg. In Gia Lai and Dong Nai provinces, the price is 150,000 VND/Kg. Meanwhile, in Ba Ria - Vung Tau and Binh Phuoc provinces, today's pepper price stands at 150,000 VND/Kg.