The average export price of Vietnamese pepper fell by 62 per cent year-on-year in the first eight months of 2018 to around US$3,330 per tonne following a dip in the global market, according to the Ministry of Agriculture and Rural...
The Ministry of Industry and Trade (MoIT) has not discovered price manipulation from foreign traders in the pepper market following Viet Nam’s Pepper Association (VPA)’s blame.
The destruction of pepper in the Central Highland and East Southern
regions of Viet Nam is expected to drastically reduce the production
volume and increase the price of the crop.