IPC delegation visits a pepper garden in Ba Ria – Vung Tau.
The world pepper market is concerned about ensuring a stable supply of pepper in the long term, expanding demand and limiting price volatility.
In a discussion at the Conference pepper The world in India on Tuesday, June 25, experts from various countries including India, Indonesia, Malaysia and Sri Lanka emphasized the need to support and encourage farmers to intercrop. to secure the supply pepper stabilize, overcome land constraints and shift to other crops, and improve production through knowledge training Agricultural practice for farmers.
Not only the period of raising fruits is quite long, trees pepper There is also no guarantee that the product will have a stable quality, which makes the underprivileged youth in the countryside a challenge also discussed by the Conference.
In India, rubber is increasingly being replaced pepper on the site are traditional plants of the states of Kerala and Karrnataka. Therefore, the grower pepper Priority is given to the preference for intercropping.
On the demand side, experts also seriously consider a range of initiatives to expand consumption.
The initiative includes the new application of pepper In the health sector, increasing the capacity to serve the domestic food sector is stronger and exploring new export markets such as Eastern Europe.
In the opinion of Indian experts, domestic demand is increasing due to the purchasing power from the middle class, which is increasingly growing according to India's economic conditions.
The demand of the processing industry to increase the newly added value is also mentioned as a potential. Earlier, Ramesh Abhishek, Chairman of the Transitional Market Committee (FMC) regulating India's futures commodity market, made a similar comment during a workshop, that the Commission had taken the first steps. room to ensure market integrity pepper.
He said that a close combination between the futures market and the real market is essential. An integrated system between the spot market and the futures market will enhance price reliability and will attract investors to participate in the market. pepper more term. Especially investment hedge companies.
In order to minimize illegal trade cases and enable investors to access information, the Commission will set up a system to send notices via Email and SMS about the information of closing prices on daily basis. the item they invest, he said.
Source Giacaphe.vn
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