VOV.VN - Do Ha Nam, chair of the Vietnam Pepper Association, who was up until recently bullish about the black pepper market, has now turned bearish, advising farmers to hold off from selling if they can.
The price of black pepper in the Central Highlands provinces has continued to plummet, hitting VND80,000 – 82,000 per kg, a low record in the last seven years.
India will lift its suspension of the import of some Vietnamese agricultural products, which was enforced on March 7
Pepper coverage in the Central Highlands provinces has increased, despite prices falling by 9% - 11% over recent time.
The Ministry of Agriculture and Rural Development (MARD) announced recent drops in pepper prices, both domestic and exported, in October.
(VOV) - The nation’s farmers are having a prosperous year, having shunned coffee and switched to growing peppers in the face of higher prices and robust global demand, said the Vietnam Pepper Association (VPA) in a recent report on the industry’s status.
(VOV) - The outlook for this year’s peppercorn exports is upbeat with the General Department of Vietnam Customs reporting they could set a new record in terms of revenue despite significantly lower volume.
(VOV) -Vietnamese pepper exports in the first nine months of the year hit an all time record high of 136,000 tonnes valued at US$1.022 billion, according to Vietnam Customs statistics.
The Central Highlands province of Dak Nong exported its coffee to 23 countries and territories around the world in 2012, raking in US$239.8 million, an increase of 41.6 percent year on year. Apart from coffee, the province shipped abroad cashew nuts and black peppers.