High Indian chili prices push domestic chili prices higher

 

In 2021, due to the expansion of the planting area of ​​peppers in India, coupled with the poor performance of domestic prices, the Chinese market has generally ignored the production reduction caused by the rain in India
.
This year, India's new season crops were affected by heavy rains, and the yield was reduced by about 30%, and the proportion of supply for foreign customers' demand decreased
.
In addition, India’s domestic demand for chili is also relatively large.
Most farmers believe that there is a gap in the chili market, so they are reluctant to sell
.
The price of chili peppers in India soared for a time, coupled with the operation of speculators, resulting in high prices
.

 

　　Although the price of Indian peppers has skyrocketed, from the perspective of sales, the production and sales prices are showing signs of upside down, and it is difficult for traders to accept the current prices
.
However, due to the reduction of pepper production in China, there is a demand gap
.
Domestic pepper prices are also rising amid a decline in Indian peppers
.
Recently, it is the time for Hainan pepper to go on the market
.
The purchase price of Hainan peppers, especially sharp peppers, has been rising all the way, and the retail prices of farmers' markets have also been rising
.
For a week in a row, the purchase price of peppers has remained at a high level and the supply is in short supply
.

 

　　At present, the retail price of sharp peppers and line peppers in Haikou Farmers Market is about 9 yuan/kg, and the price of screw peppers is about 7 yuan/kg
.
Before the Spring Festival, the price of local peppers was only 5 or 6 yuan, and the price has risen sharply since the Spring Festival
.
A vendor at the local farmers market said that because of the colder weather, the price of chili peppers has been rising for more than a month in a row
.
According to relevant data from the Hainan Provincial Bureau of Statistics, on March 6, the average retail price of Hainan green peppers was 4.
5 yuan/kg, an increase of about 35% from the previous month
.

 

　　Since 2022, the purchase price of Hainan's local peppers has also been a roller coaster
.
Before the Spring Festival, the purchase price of sharp peppers and line peppers was good, and they were maintained at about 3 yuan/kg
.
After the Spring Festival, the purchase price plummeted, and after the first month, the price rose again
.
Despite the price of peppers, many peppers could not bear fruit normally due to the cold snap this year, resulting in low yields
.
A local pepper grower said that the current purchase price of line peppers is 4.
5-5 yuan per kilogram
.
According to the relevant staff of the market department of the Haikou Agriculture and Rural Bureau, the price of peppers in this round is mainly due to the cold weather this year and the rain and snow in the south, which has led to a reduction in pepper production in Guangdong and Guangxi
.
The market is in short supply, and stockists around the world are reluctant to sell, which has led to a rise in the purchase price of chili peppers recently
.