Pepper prices today 29/5, pepper prices today in the Central Highlands, the South increased strongly but pepper farmers said they are still “flooded” in difficulty.
Pepper prices today 29/5, today's pepper prices in the Central Highlands and the South have increased sharply but pepper farmers said they are still “flooded” in difficulties.
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Pepper price today 29/5
Update pepper prices today May 29, survey of localities in key growing areas of the Central Highlands and the South of pepper prices increased by 2,500 VND / kg, which helped pepper prices to exceed 52,000 VND / kg
At the beginning of this morning (May 29), pepper price today was the highest at VND 52,500 / kg recorded in Ba Ria – Vung Tau, the lowest was VND 50,000 in Dong Nai.
Specifically, pepper prices in Dak Nong (Gia Nghia) and Dak Lak (Ea H’leo) increased by VND 2,500 / kg, to VND 51,500 / kg.
Pepper prices in Gia La also increased by VND 2,500 / kg, to VND 51,000 / kg.
Pepper prices in Ba Ria – Vung Tau provinces increased by VND 2,500 / kg to VND 52,500 / kg.
Pepper prices in Binh Phuoc also increased by VND 2,500 / kg to VND 46,000 / kg.
Pepper prices in Dong Nai have increased by VND 2,000 / kg to VND 45,000 / kg. This is still the lowest price in the Central Highlands provinces and the South.
Although prices have shown signs of prosperity, but many pepper farmers are still “flooded” in difficulty.
World pepper prices
Spot prices of world pepper at Kochi (India) increased by VND 100 / kg, equivalent to 0.31% to Rs 32,600 / quintal. Pepper prices for May delivery were unchanged at Rs 20,530 a quintal.
According to the Center for Industry and Trade Information, in recent sessions, pepper prices have shown signs of prosperity, but many pepper farmers are still in difficulties. The reason is that before, pepper continued to lose price and crop failure, making pepper gardens less well-cared for, resulting in a large area of pepper being killed.
At present, the demand for pepper of businesses has increased sharply, while people have limited sales, causing the price of pepper to increase. However, compared to the peak price of nearly 200,000 VND / kg, this product has continuously dropped. prices in more than 3 years made many farmers struggling.
Farmers are waiting for the results of a meeting between the Finance Minister and the heads of nationalized banks to make favorable decisions, he said.
Meanwhile, demand from spice and blend powder manufacturers has recovered. Leading producers but located in a blockade area are waiting for the outcome of a meeting between the Prime Minister and ministers.
According to TTVN
