Vietnam: Pepper price today August 27, continues downward trend to 73,500 - 78,500 VND/kg

Published 2021년 8월 27일

Tridge summary

The article highlights the significant increase in pepper prices in Vietnam, reaching twice the price of the previous year, which has encouraged more households to plant pepper trees in the Southeast and Central Highlands regions. Bau May Agriculture, Trade and Tourism Joint Stock Company has successfully positioned itself in the market by shifting to organic farming and actively marketing its pepper products, earning 5 OCOP stars for its key products. On the global front, the spot price of pepper on the Kochi - India floor remains unchanged at 41,300 rupees per quintal. However, the article also addresses the challenges faced in pepper exports due to a container shortage and drastically increased international freight rates.

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Original content

Price movements of pepper in some raw material areas tintaynguyen.com The Southeast and the Central Highlands are the two key regions for pepper development in the country. At the current price, which is twice as high as last year, many households in this area have replanted pepper trees. Changing the mindset, growing pepper towards organic, proactively looking for output for products has helped the pepper of Bau May Agriculture, Trade and Tourism Joint Stock Company (Xuyen Moc district, Ba Ria - Vung Tau province) to control pepper. conquer domestic and foreign markets with higher prices. This is also the first unit to receive 5 OCOP stars for key products such as salted green pepper, milk pepper, 1 sunny pepper, salted fresh pepper, and seedless pepper. In the world market, the spot price of pepper on the Kochi - India floor has not had any new signals, trading at 41,300 rupees per quintal, according to giatieu.com. Price of pepper (Kochi floor - India) ...

Source: Vinanet