Pepper prices triple after floods and storms

Observations at many traditional markets in Ho Chi Minh City indicate that the prices of vegetables have started to cool down, but the prices of spices, particularly chilies, have spiked dramatically after the floods. Currently, green chilies are selling for 150,000 dong per kg, pointed chilies for 170,000 dong, and horn chilies for 130,000 dong—three times higher than the same period last year and double the price before Storm No. 13. Chilies being sold at a supermarket in Hanoi. Photo: Thuy Truong Many small traders at traditional markets are also reducing their purchases. At Tan Dinh Ward Market, Mrs. Hoa said that each type of chili is only bought in quantities of 300-500 grams instead of a full kilogram as before. At Xom Moi Market in An Hoi Dong Ward, some stalls have stopped selling because the price of green chilies has risen too high, and the supply is lacking. Meanwhile, at the Thu Duc Agricultural Hub Market, the wholesale price of red pointed chilies has risen to ...