Vietnam pepper prices decline in August

Vietnam’s exported pepper prices decreased slightly at the beginning of August because of higher supplies from Indonesia and Malaysia,

Vietnam’s exported pepper prices decreased slightly at the beginning of August because of higher supplies from Indonesia and Malaysia, the state-run online newspaper Tuoi Tre reported August 11, citing Vietnam Pepper Association said.

Black pepper prices averaged $3,800/ton and white pepper at $5,500-$5,800/ton.

In the local market, pepper prices dropped by VND15,000-VND16,000/kg from those of the last month.

Ministry of Agriculture and Rural Development reported that in Jan-Jul, Vietnam exported 87,000 tons of pepper for $274 million, increasing 5.04% in quantity and 41.57% in value, compared with the same period of the last year.

Tags: Vietnam Pepper, Vietnam Pepper prices

Posted by VBN on Aug 13 2010. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry