Tridge summary
Pepper prices in the Central Highlands and South of Vietnam are stable, ranging from 47,000 to 49,500 VND / kg. The Vietnam Pepper Association predicts a 15% decrease in pepper production in 2020 compared to 2019, with further declines expected in 2021 due to lack of investment in care. Surveys indicate similar decreases in pepper output in Binh Phuoc province, while world pepper prices remain unchanged.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Pepper prices today recorded at market prices of agricultural products in Dak Nong (Gia Nghia) and Dak Lak (Ea H'leo) were stable at 48,000 VND / kg. Particularly, pepper prices in Dong Nai and Gia Lai stood at VND 47,000 / kg. The whole pepper price in Ba Ria - Vung Tau kept the highest level of 49,500 VND / kg. Thus, the price of pepper today in the Central Highlands and the South ranged from 47,000 to 49,500 VND / kg. Vietnam Pepper Association said that Vietnam's pepper production in 2020 crop will decrease about 15% compared to 2019, to 240,000 tons. Forecast for the crop in 2021, pepper production will continue to decline due to people not investing in care, affecting productivity. Last June, the Vietnam Pepper Association organized a survey of pepper growing areas in Binh Phuoc, Dak Nong, Dak Lak and Gia Lai. Survey results in Binh Phuoc show that pepper output in 2020 in this province is estimated to decrease by 20%. ...
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