Kampot pepper prices plunge
Pepper prices in the Kingdom’s largest pepper producing region have fallen over 30 percent in the last year due to growing international supply that is leading to higher competition in the market, an industry expert said on March 16. Hong San, president of the Dar-Memot Pepper Agricultural Development Cooperative in the Tboung Khmum province, said prices have fluctuated since the harvesting season started earlier this month with pepper selling at 20,000 riel ($5.03) per kilogram on March 16, up from 17,000 riel earlier this week. The volatile prices are far below those seen last year, when pepper was selling at prices ranging from 30,000 riel per kilogram to as high as 40,000 riel.
