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,...

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...