Pepper price increaseUpdate: 12/16/2013
Pepper farmers in Kien Giang are very excited by this year's harvest season winning target price .
Currently the price I was kind of dry pepper traders buy at the garden from 170000-180000 dong / kg , an increase of nearly 40,000 VND / kg compared to previous months . Mr. Nguyen Van Men , a pepper grower in Cua Can commune , Phu Quoc island district , said: " At this price , each hectare of pepper farmers can gain revenue from 300-350 million, minus all also charge interest on 50 % .
This is the ideal profits . As compared with other crops , the profit margin reached 40-50 million / ha was high " .
2013 crop year , the area of Kien Giang pepper over 700 ha , total production is estimated at around 1,100 tonnes . In particular , most of Phu Quoc island district about 600 hectares , the rest are scattered plant in Kien Hai , Giong Rieng , Go Quao , Kien Luong and Ha Tien town .