Due to the source pepper The country has nearly run out a number of exporting businesses pepper Must import from Indonesia and Brazil in the form of temporary import for re-export to meet the long-distance delivery orders signed earlier.
Mr. Tran Duc Tung, Chief of Association Office pepper Vietnam (VPA) said that in the first 8 months of 2013, Vietnam exported 103,000 tons, meaning that the domestic source of pepper was not much, so some enterprises that had long-term contracts were forced to import to export.
According to Mr. Tung, this temporary import for re-export often falls into big enterprises in the industry. However, he declined to say which businesses it was. Show price pepper Imports from these two countries are close to export prices pepper of Vietnam. Price pepper Vietnam's average export in the past 7 months was at around US $ 6,566 / ton. At this price, according to VPA, the importing enterprise is only at break-even point but not profitable.
In the past time, VPA has at least twice produced output forecasts pepper of Vietnam. The first time was when VPA went to survey the planting provinces pepper such as Ba Ria-Vung Tau, Dong Nai, the Central Highlands provinces and make forecasts pepper Vietnam's crop failure due to weather should be reduced by about 20%, with an estimated production of about 90,000 tons.
After that, VPA again changed the forecast level of output pepper Vietnam's output is similar to previous years at 105,000 tons.
Explaining this issue, VPA said that the Association changes the forecast of different output at each time is in the strategy of the Association. The reason is due to the price pepper In the export market, it is always dominated by supply and demand, so once a forecast is made, the large supply will make the price pepper will decrease shortly thereafter. Therefore, VPA has different forecasts for price pepper of Vietnam is not affected.
Source Securities Times
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