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
- International Pepper Community 44th Annual Session and Other Meetings for the year 2016
- Geographical Indication of Lampung Black Pepper
- Members of Panel from member countries met in Bogor to review the IPC Agreement
- ED and Liaison Officers of Malaysia, Sri Lanka visited BALITTRO
- Sincere Condolences
- IPC held 22nd Meeting of IPC Committee on Quality in Kuching, Malaysia
- Mr. Iman Pambagyo, Director General of International Trade Negotiations, Republic of Indonesia and the Chairman of IPC for 2015-2016
- IPC Committee on R&D met in Balikpapan, East Kalimantan, Indonesia
- Indonesian COFTRA / BAPPEBTI to launch Mobile WRS
- IPC to revise the 2005 Pepper Production Guide with the latest update technology
- IPC adopted new revised IPC Standard Specifications for Whole Black and White pepper, Whole Dehydrated Green pepper and Ground Black and White pepper
- Codex Committee on Food Import and Export Inspection and Certification System (CCFICS) Melbourne,Australia from 6th to 12th February.
- World Pepper Industry; Present status and Future Trend
- New office of IPC Secretariat inaugurated by Chairman of IPC
- IPC Committee on Quality met at Cochin India to finalize the Revised Draft of IPC Standards for Pepper and Pepper Products
- IPC organized the 3rd International Pepper Conclave 2015 in Shanghai, China
- IPC and CHINAESA to hold the 3rd International Pepper Conclave 2015 in Shanghai
- Dr. A. Jayathilak, IAS named as Chairman of International Pepper Community
- The Government of India is to host 43rd Session and Annual Meetings of IPC from 22nd - 25th Nov. 2015
- IPC Experts met in Lampung to develop a Guideline for Production of Quality Pepper Planting Material and Pepper Production Guide
- IPC and Indonesia Tea Board met to discuss the potential of intercropping Pepper with Tea
- Executive Director of IPC attended the UN-CAPSA Meeting in Bogor
- Indonesia Tea Research Institute seek for support from BALITTRO and IPC for intercropping Tea with Pepper
- NOVOZIMES REPRESENTATIVES VISITED IPC
- IPC to support GIZ-RED pepper project / programme implemented in the pepper growing areas of West Kalimantan