Dong Nai enjoys strong and profitable pepper crop yield
The southern province of Dong Nai has shipped nearly 900 tonnes of peppercorn abroad so far this year, valued over 11 million USD and representing a 54 percent rise in volume and 150 percent rise in value compared to the same period last year, according to the provincial Department of Statistics.
The southern province of Dong Nai has shipped nearly 900 tonnesof peppercorn abroad so far this year, valued over 11 million USD andrepresenting a 54 percent rise in volume and 150 percent rise in valuecompared to the same period last year, according to the provincialDepartment of Statistics.
In the period, Dong Nai’speppercorn received a record high price of over 12,200 USD per tonne,reported the department, adding that main consumers include India , theUS and some Latin American countries.
Thisyear, local farmers also enjoyed a yielding pepper crop average of 5-6tonnes per hectare with excellent quality, a 3 tonne-per-hectare surgecompared to the 2014 equivalent crop.
Farmers across the province are currently cultivating 7,000 hectares of pepper.
Peppercorn prices have remained high over the past four years. With aprice of about 200,000 VND (9.4 USD) per kilo, farmers can enjoy aprofit of up to 700 million VND (32,900 USD) per hectare, said thedepartment.
Vietnamese peppercorn is currently soldin over 90 countries and territories, accounting for about 30 percent ofthe global peppercorn production and 5 percent of the global peppercornexports.-VNA
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