Vietnam’s black pepper race persists notwithstanding price dip

Though per-kilogram prices of black pepper in Vietnam have dropped 65 percent since their record high two years ago, local growers are still racing to increase production. After peaking at VND200,000 ($8.81) per kilogram in 2015, the price of black pepper in Vietnam has plummeted to VND70,000-75,000 ($3.08-3.30) amid projections of a further decline in the coming months.

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