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NEW UPDATES Asean Affairs   12 December 2013  


Pepper exports set to hit record high

 The Vietnam Pepper Association said pepper exports are likely to be 130,000-135,000 tonnes this year for a record value of US$900 million, up 12 per cent from last year.

In the first 10 months, 123,000 tonnes were exported for $817 million, an increase of 19.7 per cent in volume and 17.1 per cent in value.

VPA chairman Do Ha Nam said both export volumes and prices had risen this year.

"If a tonne was priced at $900 in 2001, it has now gone up to more than $7,000," he said.

"That was a dream for many pepper growers."

But this is just for raw pepper and processed pepper fetches much more, he said.

In the domestic market, prices have increased by 30 per cent this year to more than VND160,000 a kilo, he said.

"Global pepper supply is much lower than demand, which has kept prices high.

"In this situation, pepper exports would reach $1 billion soon."

Viet Nam, the world's largest exporter, earned $800 million last year.

It exports the spice to more than 80 countries and territories, with the US, EU, and Asia being the largest importers.

The crop is grown mainly in the provinces of Binh Phuoc, Gia Lai, Dak Lak, Dak Nong, Dong Nai, and Ba Ria-Vung Tau.



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ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


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