29, September 2019: Pepper price continues to go down

World pepper prices today September 2019 at 11:00 am (VN time). Kochi, India: the export price of black pepper decreased slightly by 0.02%, price for immediate delivery levels at Rupi 34,430 per quintal. SMX, Singapore: price remains unchanged during September, at 6,500 USD / ton. Vietnamese pepper price today (29, September, 2019) Pepper prices today 9/29 continue to decrease in...

Solutions to promote cinnamon export, recover quickly and sustainably

Although the export turnover is still modest, the cinnamon industry in Vietnam is a sustainable livelihood for more than 200,000 ethnic minority households in remote provinces.   Eliminate hunger for ethnic people Cinnamon and star anise are two non-timber forest products grown by Vietnamese people more than 100 years ago. Cinnamon is grown in Yen Bai, Lao Cai, Ha Giang, Thanh...

PEPPER EXPORT: DOWNTREND IN MOST MARKETS, NEW OPPORTUNITY IN EUROPE, WHAT SHOULD WE DO?

Import and Export Department (Ministry of International Trade and Industry) reviews: Pepper prices fall due to increasing global supply. However, in Vietnam the quality of pepper is partly affected by excessive use of chemicals and pesticides, so the price is lower than that of some other countries. The Import-Export Department further analyzed: 5 years ago, Vietnam pepper was the world...

Vietnam’s cashew exports continue to rank No. 1 in the world

  In the first 6 months of 2019, cashew exports reached 195.7 thousand tons, worth US $ 1.489 billion, up 12.2% in volume, down 12.1% in value over the same period in 2018.   With the above export volumes, Vietnam continues to be the world's No. 1 in cashew exports. Source: Vietnambiz

SUPPLY EXCEEDS DEMAND, PEPPER PRICE IS FORECAST TO CONTINUE STRUGGLING

The Department of Import and Export predicts that pepper exports will continue to face difficulties due to a larger supply than demand and fierce competition in the world market. The Import and Export Department (Ministry of International Trade and Industry) said that in August 2019, the price of black pepper decreased in compare with July 2019. On 28 August 2019,...

Vietnam: Pepper export market in July 2019

Although the average export price of pepper in July has prospered, but in volume continues to decrease to 24.12% compared to the previous month.   The preliminary data report of the General Department of Vietnam Customs showed that pepper export in July 2019 reached 23,547 tons, down 7,485 tons, down 24.12% from the previous month but increased by 2,241 tons,...

PEPPER SECTOR URGED TO RENEW GROWTH MODEL

Keep it brief! 1) The world’s pepper output is forecast to increase, causing prices to keep falling 2) Vietnam's pepper industry had better change its growth model and enhance quality to take advantage of free trade agreements (FTAs). What's going on here? Nguyễn Nam Hải, the chairman of Vietnam Pepper Association (VPA) told a conference on pepper that wrapped up...