Vietnam pepper monthly round-up June-2024

The pepper market has experi-enced notable fluctuations re-cently. In Vietnam, pepper prices soared to a record high last month but have since stabilized at 150,000 VND/kg, down from 180,000 VND/kg. This price level has shown strong support, re-maining steady for nearly a month. Similarly, Brazilian pepper prices have also reached record highs before stabilizing. The mar-ket is currently in a holding pat-tern, awaiting the delivery of pre-vious deals before initiating new transactions for August and Sep-tember onward.