The annual harvest is divided into 3 phases. The first batch, which lasts about two months before and after the Lunar New Year, is like Indian pepper.
This afternoon 13/1, a significant number of black pepper buckets just harvested from garden houses in Chau Duc district, Ba Ria-Vung Tau are participating in the market for 112,000 VND / kg.
According to traders, a few days ago, the new price was offered higher than VND 2,000-3,000 / kg and quickly caused the old price to drop. However, because the new crop has a small, uncertain, low-density skull, it cannot be used to process white pepper.
Farmers in Chau Duc also said that the crop in this year is divided into 3 harvests. The first harvest, about two months before and after the Lunar New Year, is the same Indian pepper.
According to the 2011 statistics of the Vietnam Pepper Association (VPA), Chau Duc is a district with 5,160 hectares of pepper, of which 4,573 hectares of pepper has been harvested, the yield is 7,459 tons. Compared with many major pepper growing areas of our country, Chau Duc's pepper productivity is just below average.
In Chau Duc, Ba Ria-Vung Tau and Xuan Loc districts, Dong Nai also has a trade village with many white pepper processing establishments, each year, the market usually brings about 2,500-3,000 tons, making an important contribution in the market. The enhancement of added value for Vietnam's pepper industry.
Chau Duc (along with Phu Quoc – Kien Giang and Chu Se – Gia Lai) also has a job in processing red pepper, but the quantity is still not significant. If pepper prices white is only 1.5 times higher than black pepper, the price of red pepper is usually 3-4 times higher than that of black pepper.
Loc Ninh and Binh Phuoc districts have only 3,873 ha of pepper, of which 3,446 ha have been harvested, but the pepper output is 9,892 tons, the district with the largest pepper output in our country.
Since the beginning of this week, the world pepper price on Kochi-India futures market has been mixed and increased, mainly due to the continuous increase of the exchange rate and profit taking activities of speculators.
Closing the afternoon session, pepper futures prices dropped. Delivery term in January lost Rs.555, accounting for 1.8%, to Rs 30,765 / quintal, equivalent to $ 5,964 / ton and delivery price in February lost Rs 460, accounting for 1.47%, to Rs 31,200, Equivalent to 6,048 USD / ton (1 USD = 51,5878 lakhs).
While spot prices increased by 56 rupees, accounting for 0.18%, to 31,453 rupees / quintal, equivalent to 6,097 USD / ton, a slight increase. Pepper prices spot prices continue to maintain the advantage of helping Indian pepper growers to sell new crops at higher prices.
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