a UNESCAP Intergovermental Organization
a UNESCAP Intergovermental Organization
Pepper News
Viet Nam Pepper Prices Have Increased Significantly After Tet Holiday 2021
In the year 2020 due to Covid-19 global demand was subdued. Despite the global pandemic markets rose so it rises in a normal year should actually not be a surprise due to people are seeing normalization of markets combined with growth. However, International Pepper Community has concerned about Viet Nam pepper markets which have risen in an unprecedented manner in the last 30 days after Tet festival. The current situation is not certain to have a good business plan. It is advisable for stakeholders to observe markets movement closely and calm down to wait for markets itself to adjust which helps avoid taking unexpected risks.
After Viet Nam Tet Holiday up to now, Viet Nam pepper local price was reported with an increase of 22% when compared to the opening price after Tet Holiday in the range of VND 62,000-75,000 per Kg. Viet Nam black pepper 500 g/l and 550 g/l were reported with an increase of 32% and 27% respectively as compared to the opening price after Tet Holiday, averaging at USD 3,700 per Mt and 3,800 per Mt respectively. Furthermore, Viet Nam pepper price in US market was reported with an increase of 31% as opposed to the opening price after Tet Holiday, averaging at USD 1.90 per Lbs. More details are presented as table below:
Previous Publications
- The 47th Annual Sessions and Meetings of the IPC, 12-14 November 2019, Vung Tau City Viet Nam
- INDONESIAN PEPPER DAY 2019
- IPC Indonesian Farmers App Workshop East Lampung, September 10, 2019.
- The 25th Meeting of the IPC Committee on Quality
- The 5th Meeting of the IPC Committee on Marketing
- IPC Technical Training
- 8<sup>th</sup> Meeting of the IPC Committee on R & D
- Registrations Open Now - International Pepper Conference 2019
- VIETNAM IPC FARMERS APP LAUNCH 04-APR-2019
- IPC INDONESIAN FARMERS APP WORKSHOP 2019
- IPC Cooperation with Indian Institute of Spice Research
- IPC - AISEF Indian Pepper App Launched
- Strategis for Greater Growth and Development of the Pepper Industry in Malaysia
- Transformation Through Collaboration
- The 24th Meeting of IPC Committee on Quality
- IPC-AISEF sign off agreement of IPC Farmers App in India, July 2018
- IPC Farmers App Launching Ceremony
- The IPC Farmers App Launching in Indonesia and India in July and August
- Indian Pepper Value Addition
- Inviting Expression Of Interest (EOI) to participate in the IPC Farmer's App
- The Executive Director attended the 3rd International Spice Conference, 4th - 7th February 2018, Jaipur, India.
- The President Maithripala Sirisena inaugurated the 45th Session of the IPC.
- President Maithripala Sirisena presented the IPC Awards 2016.
- Pesticide Residue Training, 26-27th September 2017, Kuching, Malaysia
- India and Indonesia organized Pepper Day in October 2017