Pepper is one of the main crops of the people in the Central Highlands provinces alongside coffee. Accordingly, Pepper seeds are mainly exported to countries such as the United States, Germany, India, the Netherlands... Among them, the United States is the largest pepper importing market of our country at present. Today's pepper price list will be updated by Mytour below.
Today's latest pepper prices
Today's pepper price
Pepper price list on 10/12/2019
Note:
- Pepper prices change every day, you should regularly update to know the latest pepper prices.
- Depending on each province, pepper prices will vary.
Continuous fluctuations in pepper prices - often likened to 'black gold'
In recent years, world pepper prices as well as pepper export prices have tended to decrease. There were even times in 2018 when pepper prices dropped excessively, causing many pepper farmers to fall into a cycle of debt, with many losing their homes and properties.
That's why updating the latest pepper prices is extremely important, as it affects the income, mentality of the people, as well as the country's pepper export turnover.
Pepper is also seen as 'black gold', similar to gold, the fluctuation of pepper prices today or tomorrow will be very different, greatly influenced by pepper prices in the international market. Even pepper prices in provinces such as Dak Lak, Gia Lai, Dak Nong, Ba Ria Vung Tau, Binh Phuoc, Dong Nai also vary by a few thousand dong/kg.
In the context of fluctuating world pepper prices, while being influenced by major pepper exporting countries such as India, Brazil, Indonesia,... Vietnam, despite possibly having higher pepper prices, remains the largest pepper export market in the world.
You can look up pepper prices online, today's pepper price list on some websites like Tintaynguyen.com or some news websites, besides, there are also many hotlines for subscribing to daily prices.
Solutions to improve pepper export volume and value
The prices of this type of exported seeds are always fluctuating, sometimes reaching over 100,000 VND/kg, but sometimes dropping below 40,000 VND/kg. The mass expansion of pepper cultivation areas when prices are high or abandonment when prices are low makes it increasingly difficult to regulate the pepper export market, today's pepper price list may vary greatly from yesterday's or tomorrow's.
Therefore, local authorities in the Central Highlands provinces - where pepper cultivation is predominant such as Ea H'leo - Dak Lak, Chu Se - Gia Lai, Gia Nghia - Dak Nong, Ba Ria Vung Tau, Binh Phuoc, Dong Nai need to guide and coordinate with people in cultivation and expansion or contraction of cultivation areas when there are significant changes in the world pepper market.
According to information predicted by the World Pepper Association, import volumes in the coming years will continue to increase. This will also be an opportunity and a challenge for the pepper cultivation industry in Vietnam to enhance and strengthen its position in the pepper export market.
At the same time, one of the current requirements is to increase export volume, improve the quality of pepper by creating more different pepper products such as ground pepper, pepper resin, or red pepper...
In addition, local authorities and businesses need to link and support each other to create the best quality organic products by expanding clean pepper cultivation areas, rigorously inspecting raw materials, controlling production processes, processing..., this is the key to increasing the price of Vietnamese pepper without being too affected by world pepper prices.
In addition to pepper, Mytour also updates the coffee price list to help you easily grasp today's coffee price list, thereby comparing and considering suitable buying and selling addresses, saving costs.