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Pepper prices in decline as exports face difficulties

Pepper prices in decline as exports face difficulties

VOV.VN - Vietnam’s pepper exports will continue to face challenges ahead as supply exceeds demand in the global market, according to the Import-Export Department under the Ministry of Industry and Trade.

Pepper prices will struggle to recover this year: MARD

Pepper prices will struggle to recover this year: MARD

The Department of Farm Produce Processing and Market Development (DFPPM) under the Ministry of Agriculture and Rural Development (MARD) has forecast that pepper prices will struggle to recover in July and the rest of the year.

As highlands pepper prices fall, farmers hold out

As highlands pepper prices fall, farmers hold out

Over the last ten days, pepper prices have fallen from an already low VND82,000 (US$3.65 USD) to VND72,000 (US$3.21) per kilogramme, but pepper farmers in the Central Highlands continue to hold out for higher prices.

Pepper prices start to rise

International and Vietnamese experts have forecasted pepper prices on the global market may increase to US$5,000 per tonne due to inadequate supplies.