Pepper prices have been skyrocketing to the highest level since 2018 – but with a lack of supply, many pepper growers have put little trust in the black seeds and even reduced plantations to be less dependent on the fluctuating market.
Vietnam’s pepper export prices are soaring, causing domestic material selling prices to double. Experts believe that the golden days of “black gold” are returning.
The price of pepper, known as black gold, is increasing sharply. However, Vietnam’s pepper growers are not sure how long the price will be maintained.