Domestic pepper hits 120,000 dong/kg, 4-month high

Wholesale price of pepper in Ba Ria-Vung Tau province on Aug 13 hit a 4-month record and traders make sure that the price will continue rising in coming days.
Reportedly, the record level of 120,000 dong/kg was formed between April 13 and 14, which fell to 112,000 dong on April 15 and then ranged between 100,000 and 112,000 dong during the past four months.

Global pepper last weekend declined $77, $57 and $63 for forward contracts of August, September and November. – Vietbiz24

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Posted by VBN on Aug 19 2011. Filed under Agriculture. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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