Pepper market on November 20, 2023: Ba Ria Vung Tau has the highest price of 71,000 VND/kg

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Pepper prices today (November 20) were adjusted to increase by about 500 – 1,000 VND/kg. Among them, the locality with the highest price is Ba Ria – Vung Tau with a price of 71,000 VND/kg.

Domestic pepper prices

According to the survey, pepper price simultaneously increased with an adjustment from 500 VND/kg to 1,000 VND/kg. Currently, key provinces are purchasing pepper at a price range of 68,000 – 71,000 VND/kg.

Details are as follows, the two provinces Dong Nai and Gia Lai increased by 500 VND/kg and 1,000 VND/kg respectively, currently applying prices of 68,000 VND/kg and 68,500 VND/kg.

In Dak Lak and Dak Nong, pepper was purchased at the same price of 69,500 VND/kg, corresponding to an increase of 1,000 VND/kg.

Similar, Pepper price today in Binh Phuoc and Ba Ria – Vung Tau also increased by 1,000 VND/kg, equivalent to 70,500 VND/kg and 71,000 VND/kg.

Province/district (survey area)

Purchasing price (Unit: VND/kg)

Change compared to yesterday (Unit: VND/kg)

Dak Lak

69,500

+1,000

Gia Lai

68,500

+1,000

Dak Nong

69,500

+1,000

BA Ria Vung Tau

71,000

+500

Binh Phuoc

70,500

+500

Dong Nai

68,000

+500

World pepper prices

According to an update from the International Pepper Association (IPC) on November 17 (local time), the price of Lampung black pepper (Indonesia) increased by 0.58% compared to November 16.

At the same time, the price of Brazilian black pepper ASTA 570 and Kuching (Malaysia) ASTA black pepper remained stable.

Type name

World black pepper price list (Unit: USD/ton)

November 16

November 17

% change

Lampung black pepper (Indonesia)

4.104

4.128

0.58

Brazilian black pepper ASTA 570

3,450

3,450

0

Kuching black pepper (Malaysia) ASTA

4,900

4,900

0

At the same time of the survey, the price of Muntok white pepper increased by 0.58% compared to the previous session, while Malaysian ASTA white pepper prices had no new adjustments.

Type name

World white pepper price list (Unit: USD/ton)

November 16

November 17

% change

Muntok white pepper

6,218

6,254

0.58

ASTA Malaysian white pepper

7,300

7,300

0

According to records, over the years, pepper plants have fallen into price storms and disease storms, causing hundreds of farming households to fall into hardship and even go bankrupt.

However, instead of falling into the vicious circle of “planting, planting tightly”, more and more farmers in Binh Phuoc province are choosing to grow pepper organically, thanks to changing their thinking for sustainable development. With this approach, many households are still living well, despite erratic weather, pest damage, and unstable prices.

Mr. Hoang Van Dinh, Chairman of the Farmers’ Association of Thong Nhat commune, Bu Dang district, said that at times when prices are high, people apply chemical fertilizers and use pesticides without the correct procedures and dosages, leading to damage to pepper trees. die a lot.

Therefore, to stabilize production, the Commune Farmers’ Association has mobilized people to meet to establish clean pepper cooperatives (cooperatives) affiliated with Nedspice – Vietnam Spice Processing Company Limited so that they can instruct them on Fertilization, care, and pest treatment processes on plants.

At the same time, farmers absolutely do not use pesticides, chemical fertilizers, or banned substances, but only apply manure and biological sprays to create clean, beautiful, green, productive, and quality pepper gardens. High.

Thong Nhat Commune Clean Pepper Cooperative was established in 2021 with 20 members. The cooperative has linked with Nedspice Spice Processing Company Limited – Vietnam to cover 100% of output products with a commitment to be higher than the market price.

However, cooperatives must comply with organic care and fertilization procedures and “say no to chemical fertilizers and herbicides”.

In Hung Phuoc new rural commune, Bu Dop district, the agricultural product recognized and highly appreciated is the organic pepper of Mr. Vo Ngoc Que’s household. With an area of ​​5 hectares, over the years, his family has always strictly implemented the “3 no” production process: No chemicals, no pesticides and no use of banned substances.

Mr. Que said that in order to have clean, quality organic pepper products, one must strictly follow the planting and care methods according to all training regulations. His family’s pepper garden is always the greenest and most fruitful in the region.

Compared to other production methods, growing organically, the survival rate of pepper plants is over 95%, the product value is always 20-30% higher than regular pepper and there is no need to worry about product output. according to People’s Police Newspaper.

According to VietnamBiz.vn

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