According to VPA, Vietnam has exported 110,139MTs of pepper up to end of May 2018. Accumulation of export volume first 5 month 2018 was 7.42% higher in term of quantity but 35.5% lower in term of value against same period 2017. Market keeps weakening in producing countries Vietnam, India and possibly in harvesting countries like Sri Lanka, Malaysia and Indonesia. Vietnamse local prices are being offered between VND55,000-57,000/kg ex farm gate.
Export prices today are ranging (subject to re-confirmation):
- VBP 500 FAQ @ 2650 USD/mt
- VBP 500 Spiral Cleaned @ 2850 USD/mt
- VBP 550 FAQ @ 2800 USD/mt
- VBP 550 Spiral Cleaned @ 2900 USD/mt
- VWP DW @ 4300 USD/mt