Pepper price today 01.07.2022 | Latest pepper price market

Pepper prices today, July 1, 2022, in the domestic market continue to move sideways. Currently, domestic pepper prices are trading around 69,000 – 72,000 VND/kg. Currently, Vietnam is one of the 4 countries that produce and export the most pepper in the world, accounting for more than 90% of global trade. Of which, Vietnam’s pepper export output accounts for about 50% of global consumption. According to forecasts, global pepper consumption demand will increase by 2-3%/year after 2030 and can reach 1 million tons by 2050. To maintain its current position, while the world pepper consumption market increasingly requires strict standards on product quality, experts say that it is necessary to have a comprehensive improvement strategy in terms of farmer organization, cultivation techniques, processing and consumption. In recent times, the agricultural sector at all levels has focused on guiding and encouraging people to produce pepper in a sustainable manner, paying special attention to selecting suitable land areas and ensuring irrigation water sources. In addition, the sector’s functional agencies have also summarized practices to have a plan to restore good pepper varieties to support farmers in production through enterprises and cooperatives. At the same time, training and guidance for pepper growers to develop in an ecological agricultural style, such as using shade trees, planting with living poles, intercropping with fruit trees, using water-saving irrigation technology, limiting the use of chemical fertilizers, etc., to limit mass mortality and help crops develop sustainably. #pepper #hotpepper #news #agriculture #nhanong #mientay #taynguyen #pepper #pepper price today #pepper price #pepper today #pepper price udaklak #pepper price ubinhphuoc #pepper price dongnai #the latest pepper price

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