Vietnam’s black pepper price hits all-time high

Experts attribute the surge in domestic black pepper prices to a combination of supply shortages and increased demand in major markets. — VNA/VNS

HANOI: Domestic black pepper prices reached a new record at 111,000 dong to 112,000 dong per kg last week, surging by an additional 10,000 dong per kg from the beginning of last week.

Early last week, black pepper prices in the Vietnamese market held steady at approximately 101,000 dong to 102,000 dong per kg.