Update the latest pepper price today March 28, 2023 online. Today's pepper price continues its sideways trend in the domestic market. The current highest price is still 66,000 VND/kg.
Pepper prices today, March 28, range from 63,500 to 66,000 VND/kg. Vietnam is still the world's largest pepper exporter. Selling prices are below production costs, causing farmers in many localities to suffer losses.
1. Pepper price today March 28, 2023 in the country
Pepper price today remained stable in the provinces compared to the same period yesterday. Currently, Vietnam is still the largest pepper producer and exporter in the world. Of which, Dak Nong accounts for about 38%, followed by Dak Lak 23%, Dong Nai and Ba Ria both account for 11%, Binh Phuoc 6% and Gia Lai 5%. According to many records, this year's output is lower than last year due to crop failure in many localities. Currently, the average production cost must be up to more than 60,000 VND/kg to 70,000 VND/kg due to the high cost of materials and other costs. Thus, the current selling price is below the production cost. Domestic pepper price on March 28, 2023
2. World pepper price
According to the update from the International Pepper Community (IPC) on March 28 (local time), world pepper prices compared to March 27 are as follows:
- Lampung black pepper price (Indonesia) : At 3,616 USD/ton, up 2.18%
- Brazilian black pepper price ASTA 570 : At 2,950 USD/ton, unchanged
- Kuching (Malaysia) black pepper price ASTA : At 4,900 USD/ton, unchanged
- Muntok white pepper price : At 6,096 USD/ton, up 0.1%
- Malaysian ASTA white pepper price : At 7,300 USD/ton, unchanged
World pepper price
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