Price of pepper continues to fall due to excess supply (Source: VNA) DakLak (VNA) – The price of blackpepper in the Central Highlands provinces has continued to plummet, hitting80,000 – 82,000 VND per kg, a low record in the last seven years.
According to the Steering Committee for theCentral Highlands, the price of black pepper once reached 230,000 VND per kg,bringing profits of 3-4 folds higher than those coffee and cashew nuts.Therefore, farmers in the Central Highlands expanded pepper growing areas despiteauthorities’ warnings, leading to excess supply and falling prices.
According to plans, Dak Lak, Dak Nong, andGia Lai provinces will have 6,000 ha of pepper growing areas each by 2020.However, the current pepper coverage in the provinces is 28,000 hectares,nearly 25,000 hectares and 15,697 hectares, respectively.
Additionally, farmers grow pepper on poorland, or replace old coffee plants with pepper without treating disease-infectedsoil. They also use fertiliser and chemicals, and small pepper trees, runningthe risk of mass pepper plant deaths.
The committee urged localities to reviewplanning and management of pepper growing and production.
According to the committee, localitiesshould also provide technical assistance for local farmers in selectingsuitable land, sibling trees, growing, caring, harvesting and drying.
Focus should be put on developing regionalor local pepper brand names while forming linkages among farmers, enterprisesand scientists to ensure the sector’s sustainable development.
The Central Highlands region has more than71,000 hectare of pepper, producing at least 120,877 tonnes, mostly in Dak Lak.-VNA
VNA
