Compared to the first six months of 2009, export prices have increased by about US $ 1,000 / ton. But domestic pepper export volume is no longer available. Once again, the lesson of losses from forecasting and stockpiling in agricultural products has been repeated.
Vietnam Pepper Association (VPA) said that by the end of September 2009, Vietnam's pepper export volume will reach 104,786 tons of all kinds, reaching a total turnover of US $ 256 million.
Based on VPA data, the total pepper supply in 2009 was about 115,000 tons, so from now until the end of the year, enterprises no longer have pepper for export. It is worth mentioning, September is also the second consecutive month export price has shown signs of recovery.
The average export price of black pepper was US $ 2,723 / ton and the average price of white pepper reached 3,946 USD / ton. Compared to the average price of the first six months, the export price of pepper increased by about US $ 1,000 / ton. Thus, only calculating the amount of pepper exported, Vietnam has lost about $ 100 million.
It is noteworthy that this is not the first time pepper exporters have lost hundreds of millions of dollars like that. Because in the history of the pepper industry, the story of mass selling when cheap, until the high prices sit back and look is not new.
If the difference between the highest month and the lowest month was calculated, 2007 was 1,909 USD / ton and 2006 was 2,070 USD / ton. It is not to mention that although Vietnamese pepper has the highest quality in the world, it has become a tradition that the export price is always 300-500 USD / ton lower than the world price.
Tran Duc Tung, chief of VPA's office, said that in the first quarter of 2009, it was the time of harvest of Vietnamese pepper, other pepper growing countries had not yet harvested, so in theory, the supply of pepper to the world is mainly from Vietnam and they We can control both prices and export volume. However, instead of limiting exports to raise prices, businesses massively sold.
Also in June 2009, the VPA office issued a warning to businesses that global pepper production increased insignificantly due to natural disasters and low prices, affecting production. Demand for consumption has not decreased. The amount of pepper for export in the last six months of 2009 is not much (about 35,000-40,000 tons).
If in July, August and September, the export progress is increasing as in the past, in case the price of pepper goes up, the domestic goods volume has been exhausted, farmers, enterprises and the State all suffer. However, businesses continued to export until the end of September, VPA admitted: there was no export pepper.
Pepper exporters blame the poor forecast for the association and the Ministry of Industry and Trade. However, with this method, only pepper growers suffer because they always have to sell at low prices from the beginning of the crop, and when the price increases, the pepper no longer exists. Even when the export price increased sharply, the price of pepper in the domestic market did not increase. The evidence is that the domestic price in September remained unchanged at VND 46,000-48,000 / kg, a small increase compared to the previous months.
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