During Jan 2018 Vietnam has exported 17,198MTs of pepper (15,257MTs of black pepper and 1,941MTs of white pepper) which was 207% in comparison with itself Jan 2017. Since the market is declining seriously and labor cost is getting high against total production cost, farmers would leave their pepper corns unpicked until the last minutes. For the areas which were damaged by pests, farmers would not re-plant pepper vines but replace with other orchards.
Prices are steadily ranging:
BP 500 FAQ: 3050-3100 USD/mt
BP 500 MC: 3300-3350 USD/mt
BP 550 FAQ: 3250-3300 USD/mt
BP 550 MC: 3350-3400 USD/mt
BP 570 ASTA: 3450-3500 USD/mt
BP 5MM: 3550-3600 USD/mt
WP: 4900-4950 USD/mt
FOB Hochiminh/Mar shipment