World pepper prices were stable, Vietnam pepper prices increased both in domestic and export markets

                            World pepper prices were stable, Vietnam pepper prices increased both in domestic and export markets
                            World pepper prices were stable, Vietnam pepper prices increased both in domestic and export markets
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According to the weekly trade report of the International Pepper Community (IPC), Vietnam's pepper prices of 500 g / l at US $ 2,950 / ton, up US $ 200 and 550 g / l at US $ 3,300 / ton, up USD 250 (FOB) compared to the previous 2 weeks, while prices of most countries were unchanged or slightly reduced.

According to an expert in the pepper market, the reason for the unchanged world pepper price while the price of Vietnam increased is due to the higher density of Vietnamese pepper than many other producing countries, especially high-density pepper. is very popular with fastidious markets. If pepper growers in our country know how to care more and know how to make more brands, the export price of pepper will double, triple the current price is what is within reach.

According to Nguyen Vinh, an expert in pepper and coffee in Dak Lak, mixing impurities in pepper is not a new thing but happened a long time ago. Because, according to quality regulations, pepper is allowed to blend at a rate of 0.5% of impurities, and of course these impurities are on the list of allowed – waste products, not foreign matter. hybrid.

However, adding impurities to pepper often only damages the farmers and the price of pepper in the domestic market does not affect the export market. Because with impurities allowed to mix, exporters must add pre-processing, classification, thorough inspection … before offering and bringing goods to export ships to ensure the inspection of residues. Very strict quality of the world market, sometimes up to 0.1 parts per million (pm). And certainly the exporter will calculate this impurity number and add the cost of classification and waste quality control outside this estimate to deduct from the average bid price of agents, traders and from there agents and traders will reduce the price of buying pepper directly from farmers.

Mr. Bay added, when referring to the recent story in Dak Nong, most pepper farmers have the wish that authorities should take strong measures to eradicate, deterrent and prevent. prevent any such phenomenon from recurring in any form. This is also an opportunity for the people of our country, including both producers and traders, towards a green, clean and sustainable agriculture so that Vietnamese agricultural products are welcomed by consumers around the world, do not let both The society must pay attention to “rescuing” agricultural products one after another so that the life of farmers must always flutter in insecurity.

It is known that until Indonesia launches a new crop that will be harvested around July, August, Vietnamese pepper is the only global source available today. This is also an opportunity for Vietnamese pepper traders to expand their market share further. As for farmers, they have to change their mind and especially to take actions so that pepper in their regions and hometown must carry the brand of specialty products or spend less as well as quality products that people trust.


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