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Pepper export turnover rises nearly 106 percent in first two months

Posted on MARCH 7, 2013 

Description: pepper-export-turnover-rises-nearly-106-percent-in-first-two-months-991796-hatieu-7313

(CPV) - Pepper export volume reached an estimated 25,000 tonnes in the first two months this year, valued at USD169 million, according the Ministry of Agriculture and Rural Development. These figures showed a 7.3 percent decrease in volume, but a 105.7 percent increase in value.

In February alone, pepper exports posted 13,000 tonnes, worth USD90 million. Major import markets of Vietnam’s pepper were the US (19.5 percent), Germany (10.28 percent), Singapore (8.5 percent), and the United Arab Emirates (UAE).

According to the Vietnam Pepper Association, domestic pepper prices are VNA124,000 per kilogramme, nearly VND10,00 higher than at the same period last year. This is encouraging traders to boost exports. The association forecast that the world’s pepper prices would continue to rise./.

Source: http://talkvietnam.com

 

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HANOI AGRICULTURAL PRODUCE AND FOODSTUFF IMPORT-EXPORT ONE MEMBER COMPANY LIMITED
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