Growers benefit, have good income, propose to build Vietnam Pepper and Spice Digital Map

Pepper price today December 18, 2024: Growers benefit, good income, proposal to build a digital map of pepper and spices in Vietnam. (Source: Times of India)

Pepper price today December 18, 2024 in the domestic market is stable in some key localities, trading from 146,000 - 146,200 VND/kg.

Specifically, pepper price today in Gia Lai is at 146,000 VND/kg.

Pepper prices today in the provinces of Dong Nai (146,000 VND/kg); Dak Lak (146,000 VND/kg); Dak Nong (146,200 VND/kg); Ba Ria - Vung Tau (146,000 VND/kg) and Binh Phuoc (146,000 VND/kg).

Thus, domestic pepper prices today are stable in most localities. The highest pepper price is at 146,200 VND/kg.

According to information from the Vietnam Pepper and Spice Association (VPSA), the Vietnamese pepper and spice industry is increasingly asserting its position in the international market, becoming one of the leading suppliers of high-quality products such as pepper, cinnamon, star anise and many other spices.

However, in the context of increasingly fierce global competition and strict requirements from import markets, improving transparency, management efficiency and access to international customers is extremely important.

One of the pioneering and strategic solutions proposed by VPSA is to build a Digital Map of Vietnam's pepper and spices under the sponsorship and consultation of Sippo Organization (Switzerland).

The purpose of the Vietnam Pepper and Spice Digital Map is to provide the area, output, pepper and spice growing areas of Vietnam; information on weather, soil, harvest time of spice plants; quality standards, export standards and characteristics of some Vietnamese spice plants; at the same time, help importers easily search for suppliers, exporters, cooperatives by product type, certification, factory or production association...

This year, thanks to the high pepper price, pepper farmers are benefiting and earning good income. However, looking more broadly, pepper is also facing many challenges from climate change, increasingly complex pests and diseases, competition with other crops and rising production costs.

Unpredictable weather conditions, droughts, heavy rains and fluctuating temperatures pose challenges for farmers in Vietnam. This increases the cost of investment in irrigation and disease prevention to maintain productivity. In addition, with the recent low price of pepper, many farmers have switched to more profitable crops such as durian and coffee, reducing acreage and total output.

The above challenges are both pressure and motivation for the pepper supply chain to adjust farming methods and production processes.

Local agricultural sectors have issued recommendations suggesting that people should not plant massively but should develop in a more sustainable direction. Along with that, functional sectors have also developed standard documents on the process of planting, caring for pepper as well as effective disease management.

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Lampung black pepper (Indonesia) at 6,845 USD/ton, up 0.85%; the price of Brazilian black pepper ASTA 570 at 6,350 USD/ton, up 0.79%; the price of Kuching black pepper (Malaysia) ASTA at 8,200 USD/ton.

Muntok white pepper price is 9,050 USD/ton, down 0.2%; Malaysian ASTA white pepper price is at 10,400 USD/ton.

Vietnam black pepper prices are trading at 6,300 USD/ton for 500 g/l; 6,600 USD/ton for 550 g/l; and 9,400 USD/ton for white pepper. IPC increased black pepper prices in Indonesia and Brazil, while lowering white pepper.

Source: https://baoquocte.vn/gia-tieu-hom-nay-18122024-nguoi-trong-duoc-huong-loi-thu-nhap-tot-de-xuat-xay-dung-ban-do-so-ho-tieu-va-gia-vi-viet-nam-297717.html