Pepper prices today (December 22) were adjusted downward in some localities.
Domestic pepper prices
According to the survey, pepper price in the domestic market decreased slightly, currently ranging from 80,500 VND/kg to 84,000 VND/kg.
Details are as follows, the two provinces of Gia Lai and Ba Ria – Vung Tau both adjusted prices down to 2,000 VND/kg, recording prices of 80,500 VND/kg and 83,500 VND/kg, respectively.
Meanwhile, Dong Nai province is purchasing pepper at a constant price of 83,000 VND/kg.
Similar, Pepper price today in the three provinces of Dak Lak, Dak Nong and Binh Phuoc continued to be stable at 84,000 VND/kg.
|
Province/district (survey area) |
Purchasing price (Unit: VND/kg) |
Change compared to yesterday (Unit: VND/kg) |
|
Dak Lak |
84,000 |
– |
|
Gia Lai |
80,500 |
-2,000 |
|
Dak Nong |
84,000 |
– |
|
BA Ria Vung Tau |
83,500 |
-2,000 |
|
Binh Phuoc |
84,000 |
– |
|
Dong Nai |
83,000 |
– |
World pepper prices
According to an update from the International Pepper Association (IPC) on December 21 (local time), prices of Lampung black pepper (Indonesia), Brazilian black pepper ASTA 570 and Kuching black pepper (Malaysia) ASTA remain stable. determined.
|
Type name |
World black pepper price list (Unit: USD/ton) |
||
|
December 20 |
December 21 |
% change |
|
|
Lampung black pepper (Indonesia) |
3,868 |
3,868 |
0 |
|
Brazilian black pepper ASTA 570 |
3,470 |
3,470 |
0 |
|
Kuching black pepper (Malaysia) ASTA |
4,900 |
4,900 |
0 |
At the same time of the survey, the price of Muntok white pepper and Malaysian white pepper ASTA has no new adjustments.
|
Type name |
World white pepper price list (Unit: USD/ton) |
||
|
December 20 |
December 21 |
% change |
|
|
Muntok white pepper |
6,071 |
6,071 |
0 |
|
ASTA Malaysian white pepper |
7,300 |
7,300 |
0 |
According to Electronic magazine of Rural EconomicsMs. Hoang Thi Lien, President of the Vietnam Pepper and Spice Association (VPSA), said that Vietnam is a large producer and exporter of spices in the world, accounting for 11% of the global market share in 2022. , which ranks first in pepper production and export.
However, pepper area and output are decreasing. In 2020, the area will reach more than 130,000 hectares, in 2023 it will be 120,000 hectares, and the output will reach 190,000 tons. Currently, the profit of durian is 20 times higher than that of pepper.
Therefore, it is predicted that the area of pepper will decrease as farmers cut it down to switch to durian cultivation.
According to Ms. Lien, this is normal when considering economic thinking. Currently, durian trees are having outstanding economic efficiency when officially exported to China.
For pepper gardens, replanting takes place regularly when dead, old or low-yield trees appear, people can replace them with durian, jackfruit, avocado…
People are the ones who decide what crops to replant on their land, but it should be noted that China grants growing area codes for pure durians. Durian grown intercropped with other crops is not eligible for export codes to China.
Faced with the situation of pepper prices fluctuating up and down over the years, the Agriculture sector has advised farmers to be cautious in converting crops and focus on caring for and restoring pepper areas with stable productivity, in order to develop sustainable development of pepper plants”.
According to many farmers in the Central Highlands, to reduce investment costs, pepper growers mobilize family workers to harvest or exchange harvesters in the neighborhood and region.
In addition, pepper should be intercropped with coffee, durian, avocado… to increase economic efficiency on the same production area.
However, to develop pepper sustainably, in addition to price expectations, farmers recommend that all levels and branches strengthen management and control of the fertilizer and plant protection drug market, and have stable solutions for the production of pepper. The prices of these products are intended to help farmers have a stable income and feel secure in production.
According to VietnamBiz.vn
