Price Risk of Green and Red Bird's Eye Chili in the Old Market and New Market of Mamuju
Abstract
This study aims to analyze the price risk of green bird's eye chili and curly red chili in Pasar Lama and Pasar Baru Mamuju, with a focus on price fluctuations and the risks faced by traders and consumers. Price data collected over one week in January 2026 showed that the prices of both types of chili in both markets did not fluctuate, remaining stable throughout the observed period. Analysis using the Coefficient of Variation (CV) showed that the CV value for both types of chili in Pasar Lama and Pasar Baru was 0%, indicating that prices in both markets were very stable with no variation. Therefore, the price risk in both markets can be categorized as very low. The results of this study indicate that both markets have high price consistency, providing benefits for consumers and traders who seek price stability. This study provides important insights into understanding the factors that influence chili price stability in traditional markets and their implications for the local economy
Fields of Study & Subjects
Economics of Agriculture and Food Markets
Agriculture and Agroindustry Studies
Market Dynamics and Volatility
Publication details
- Journal / source
- International Journal of Contemporary Sciences
- Volume
- 4
- Issue
- 1
- Pages
- 919–928
- Publication date
- 24 January 2026