DAILY: Vietnamese pepper prices increased by 1000 VND on April 25
Tuesday, April 25,2023AsemconnectVietnam - On Tuesday, domestic pepper prices in Vietnam's Central Highlands rose by VND1000 to VND64,500 – 67,500 per kg compared to Yesterday, according to Kinhtedothi,vn.
In Ba Ria-Vung Tau province, the maximum price for pepper increased to VND67,500 per kg, while in Gia Lai province, the lowest price at VND64,500 per kg. Farmers in Binh Phuoc sold pepper for VND67,000 per kilogram, Dong Nai province for VND65,000 per kilogram and in Dak Lak and Dak Nong provinces for VND66,000 per kilogram.
The Vietnam Pepper Association reported Vietnam exported 76,727 tonnes of pepper worth US$235.9 million during the first quarter of the year, up 40.5% in volume but down 7.3% in value year on year.
Hoang Thi Lien, president of the Vietnam Pepper Association, noted that Vietnam currently ranks first in pepper export proportion and export output, adding that there remains ample room for further development of pepper cultivation.
According to the official, the enforcement of free trade ageeements that Vietnam has signed with its partners has created comparative advantages for farm produce, including pepper and other spices, in the global market thanks to the country’s geographic location, climate and soil conditions.
Following are domestic pepper prices on April 25, 2022, in the main pepper growing and consumption regions:
T.Huong
Source: Vitic/Kinhtedothi
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