Update pepper prices (October 16, 2019)

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Pepper prices Today, the whole Central Highlands moved sideways at VND 39,500 – VND 41,500 / kg with the lowest in Gia Lai and the highest in Ba Ria – Vung Tau, according to tintaynguyen.com.

Province / district (survey area) Purchasing price Unit: VND / kg
DAK LAK
– Ea H’leo 40,500
GIA LAI
– Chu Se 39,500
Dak Nong
– Chiayi 40,500
BA RIA VUNG TAU
– Text 41,500
BINH PHUOC
– Text 41,000
DONG NAI
– Text 40,000

The Import and Export Department said that Vietnam's pepper production industry is facing many difficulties due to the oversupply and low prices. The area of ​​pepper cultivation has exceeded the planning, especially in inappropriate areas, the disease on pepper has not yet had effective control measures.

While the organization of production, preliminary processing and deep processing of pepper is still limited, it has not brought into full play its potential and advantages.

In the early days of October 2019, importers stepped up imports of Brazil pepper, causing the domestic price of pepper to decrease to its lowest level in recent years.

Domestic black pepper price was the lowest at 39,000 VND / kg in Chu Se and Dong Nai provinces, the highest was 41,500 VND / kg in Ba Ria – Vung Tau province. The price of white pepper at 63,000 VND / kg, down 3.1% compared to the end of September 2019 and down from 87,000 VND / kg of the same period in 2018.

According to VietnamBiz

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