Today's pepper prices in the domestic market continued to decline in localities, trading at VND 69,000 - 73,000 / kg.

Specifically, today's pepper price in Gia Lai was the lowest in the market at VND69,000 / kg.

Today's pepper prices in Dong Nai provinces (70,000 VND / kg); Dak Nong, Dak Lak (71,000 VND / kg); Binh Phuoc (72,000 VND / kg) and Ba Ria - Vung Tau were at the highest threshold of 73,000 VND / kg.

In this year's crop, pepper growers in Binh Phuoc have to hire workers to pick pepper at quite high prices, from 180,000 to 220,000 VND / person / day. Farmers growing pepper calculate, if the pepper crop only yields 2 tons / ha, after subtracting costs, the farmer will not be profitable.

Mr. Bui Quoc Hai - Chairman of Hung Phuoc Sustainable Pepper Cooperative, Hung Phuoc Commune, Bu Dop District, Binh Phuoc Province, said: "With the current price, many members of the cooperative have not sold because The cost is not enough capital, so it is still waiting until the pepper growers have a reasonable price to sell.

Referring to the current status of pepper development in Binh Phuoc province, the representative of the local Department of Agriculture and Rural Development said that Binh Phuoc is one of the localities with the largest pepper area in the country with more than 16,000 hectares. , exceeding the plan more than 2,000 ha.

The area of ​​pepper in the province has decreased dramatically over the past 3 years because prices are always at the bottom. Many gardeners can not resist and have to switch to fruit trees. The rest lack of investment, leading to weakening, leading to disease, reduced productivity and output.

In order to overcome the chorus of "winning the price, losing the crop", the province's agricultural sector has implemented the policy of planning and producing pepper in the direction of sustainable bio-organic and sustainable international standards. At the same time, building a chain from production to product consumption, so the pressure on prices and markets has been reduced.

With pepper storage, some households in the province now expect pepper to increase further. However, this situation also easily leads to an imbalance between supply and demand in the market.

A leader of the Binh Phuoc Department of Agriculture and Rural Development said: "Rising pepper prices have become a news story in Binh Phuoc. In this locality, pepper growers and home growers, so their lives" go up and down. "According to the pepper price, the high price makes the whole village happy, while the low price makes the whole village sad".

Facing strong fluctuations in prices, the Vietnam Pepper Association (VPA) recommends: At present, people have just started to harvest heavily, it is expected that by the end of April, it is expected to end. At that time, the production increased and the Cambodian pepper flooded, the price might not be the same as now. Farmers should consider selling at the right time, not because the price increases, but borrowing hot to store goods, avoiding the risk of falling prices.