On May 19, 2024, the pepper market experienced a sharp surge, setting a new record. Pepper transaction prices increased by about 9,000 to 10,500 VND/kg in the surveyed provinces.

Specifically, Dak Nong province recorded the highest pepper price at 113,000 VND/kg, a rise of 10,500 VND/kg.

In Dak Lak, Gia Lai, Ba Ria - Vung Tau, Binh Phuoc, and Dong Nai, traders purchased pepper at 112,000 VND/kg, marking an increase of 9,000 to 10,000 VND/kg over the past week.