According to the Agricultural Market Steering Committee (MARD), the price of black pepper was decreasing sharply. The price of pepper in pepper provinces is only 134,000 - 138,000 VND / kg.

 

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In the time to come back, pepper prices on the market began to fall "free", from nearly 200,000 VND / kg in September 2015 to around 150,000 VND / kg on the last day of February and currently only Less than 140,000 VND / kg at this time.

According to the pepper export business, there are two reasons why pepper prices have declined. First of all, on the mass media, Vietnamese authorities have officially announced that the area of ​​pepper planted in Vietnam reaches the threshold of 100,000 ha, which is two times higher than the plan and far exceeds the figure. Vietnam Pepper Association (VPA) previously forecast.

Second, Spain has warned the black pepper of Vietnam from the Carbendazim fungicide exceeds the limit. Although the country has recently applied special control measures, but has not suspended imports of pepper in Vietnam, this information is a pretext for international trading companies to invoke pepper prices. Vietnam.

 

Van Ngoc (Dan Viet)