Notable pepper, sugar, and cocoa market information in Vietnam on October 7, 2021

The article provides an overview of the market trends and prices for key agricultural commodities, including pepper, white sugar, and cocoa. It highlights the recent increase in pepper prices, leading to increased investment in the cultivation of the crop in Vietnam. The article also notes the fluctuating imports of pepper from countries like Indonesia, Brazil, and Cambodia.

Moreover, the article discusses the fluctuating prices of white sugar and cocoa in the international market. It mentions the rise in the price of Thai white sugar and the fall in New York cocoa futures for December 2021. The article also draws attention to the efforts of Côte d'Ivoire and Ghana to ensure fair prices for cocoa growers and the economic sustainability of the cocoa industry, which is crucial for the countries' economy.

Furthermore, the article highlights the significance of the cocoa industry to the economy of Côte d'Ivoire, contributing to a significant portion of the GDP, income from exports, and providing employment to a large segment of the population. The World Bank's call for the transformation of the cocoa industry to secure a better future and promote Côte d'Ivoire's role in economic development is also mentioned.