AsemconnectVietnam - On Monday, domestic pepper prices in Vietnam's Central Highlands remained unchanged at VND98,000 - VND92,000 per kg compared to Yesterday, according to Kinhtedothi.

The maximum price for pepper stayed at VND92,000 per kg in Binh Phuoc and Ba Ria – Vung Tau, while in Dong Nai province, the lowest price at VND90,000 per kg. Farmers in Dac Lac and Dak Nong sold pepper for VND91,500 per kilogram, in Gia Lai province for VND89,000 per kilogram.
Last week, domestic pepper prices increased by an average of 6,000 VND/kg. This week, experts said that the upward momentum still exists but purchasing power will be lower because pepper prices are quite high.
As noted by Ba Ria - Vung Tau newspaper, in the province's pepper growing capital, Chau Duc district, farmers are harvesting the 2024 pepper crop. These days, the family of Ms. Le Thi Hoan (Suoi Lup hamlet, Binh Ba commune) ) is busy picking pepper on an area of nearly 1 hectare. It is expected that in this year's pepper crop, her family will harvest about 1.2 tonnes, higher than last year. The selling price also increased by more than 20,000 VND/kg compared to the beginning of the crop, nearly doubling compared to the same period last year.
Mr. Lam Ngoc Nham - Chairman of Ba Ria-Vung Tau Pepper Association, said that in addition to organic pepper products, people's traditionally produced pepper is also very popular due to the decreasing pepper growing area. Pepper prices are regaining upward momentum right from the beginning of 2024. This is a good sign, hopefully it will bring high income to farmers in this year's pepper crop.
According to preliminary statistics of the Vietnam Pepper and Spice Association, in the first 15 days of February 2024, Vietnam exported 5,687 tonnes of pepper. Of which black pepper reached 4,886 tonnes and white pepper reached 801 tonnes. Total export turnover reached 22.7 million USD. The main export enterprises include Olam: 615 tonnes, Lien Thanh: 578 tonnes, and Nedspice Vietnam: 570 tonnes.
Following are domestic pepper prices on February 26, 2024, in the main pepper growing and consumption regions:

T.Huong
Source: Vitic/Kinhtedothi