Pepper prices of all kinds today September 9, 2022 | Latest pepper price market

Pepper prices today, September 9, in the domestic market have decreased in key growing areas, with the sharpest decrease in Binh Phuoc. According to businesses’ assessment of the pepper market, it can be seen that pepper export activities in the last months of the year are gradually decreasing. The Vietnam Pepper Association said that there are still many factors affecting pepper prices in the second half of 2022. Accordingly, supply from Brazil has achieved good output, while global consumption demand has slowed down according to the annual cycle. Political tensions in Eastern Europe have caused high energy prices and inflation, people tend to save on spending, increasing pressure on prices. On the other hand, although Sri Lanka is insolvent and facing many difficulties in agricultural production, Sri Lanka will boost pepper exports, including inventory, and prices can be more competitive than other countries. China’s continued pursuit of a “zero Covid” policy will keep demand below expectations, and prices will find it difficult to increase as China’s purchasing power remains low, although their imports have increased again in June, but that could be due to the amount of goods available at the border. Port congestion in Europe is the main problem leading to delays in shipping schedules. Lack of space and containers remains tense, especially in exporting countries in Southeast Asia. Given the difficulties in exporting in the first 6 months of 2022, to promote sustainable pepper exports, according to experts, ensuring that there are no pesticide residues in exported pepper products is very important. Even China – an important import market for Vietnamese pepper – has increasingly stringent requirements on food quality. Therefore, sustainable production of the pepper industry is an important and inevitable task. #pepper #pepper #news #agriculture #nhanong #mientay #taynguyen #pepper #pepper price today #pepper price #pepper today #udaklak pepper price #ubinhphuoc pepper price #dongnai pepper price #freshest pepper price today #freshest pepper price #vungtau pepper price #gialai pepper price #udaknong pepper price

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