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Vietnam Pepper: in the country continues to go against the world, 3 selling principles are essential for Farmers

08 April 2021


In Dak Lak and D

ak Nong provinces  today pepper prices  were purchased at 72,000 VND / kg, down 500 VND / kg.In Gia Lai province, today pepper prices were at 71,000 VND / kg, down 500 VND / kg. Meanwhile, in Dong Nai, today pepper prices were 71,000 VND / kg, down 500 VND / kg.


In Ba Ria - Vung Tau province today pepper prices were 74,000 VND / kg, down 500 VND / kg. In Binh Phuoc province, pepper prices today were purchased at 73,000 VND / kg, down 500 VND / kg. So early this morning, pepper prices decreased slightly by 500 VND / kg compared to the same time yesterday morning.


On the world market, at the end of the most recent session, the spot price of pepper at Kochi - India increased by 100 rupees / quintal, at 40,366.65 rupees / quintal. In the Southeast, starting from yesterday afternoon (April 7), pepper prices simultaneously decreased in key growing areas. This morning the price of pepper in the country decreased by an average of 500 VND / kg. It is worth mentioning, meanwhile, Indian pepper prices continued to rise after a few sessions of sideways movements. Currently, pepper prices of the second most populous country in the world are at a rare high level in recent years.


Experts say that the market is in a shaking period, there will be "waves". The shortage of output is the reason why pepper prices continue to be anchored at high levels. The regions that started to harvest soon after Tet had some ending the pepper crop this year. The output in general is falling as expected. However, the specific figure is not certain, although the Pepper Association, experts and exporters predict, the figures are not yet consistent. lice contradictions. Therefore, it is still necessary to wait for the end of the pepper crop to get an exact figure on this year's output.


This year's crop, as recorded, farmers are generally excited and profitable after 4 difficult years. Local people also pay more attention to information issue, so they actively keep products, avoid rushing to the market, choose good times to sell.


In the period when the new crop goes to the end of the collection stage, experts advise people to sell three principles to sell: Only sell when you need money, sell just enough money you need; Do not borrow to buy goods and store goods Do not sell according to the psychology of the crowd, find out multi-dimensional information and base on their actual situation to sell.


According to KTĐT - Updated at 7h04

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