Forecast of domestic pepper price tomorrow June 1, 2025, the market is anchored at a high threshold.
Today's pepper price was updated on the afternoon of May 31, 2025 as follows: The domestic market is flat and continues to fluctuate downward in some localities such as Gia Lai and Dak Nong . Currently, the average pepper purchase price in key areas is 144,900 VND/kg.
Specifically, today's pepper price in Gia Lai province continued to decrease slightly, down 500 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 144,500 VND/kg.
Pepper prices in Ba Ria - Vung Tau tend to be stable and sideways compared to yesterday's decrease, currently the pepper purchase price is at 145,000 VND/kg.
Similarly, pepper prices in Binh Phuoc have not fluctuated compared to yesterday. Currently, pepper prices in this locality are purchased by traders at 145,000 VND/kg.
Pepper prices in Dak Lak continue to be stable and unchanged compared to yesterday's downward fluctuations. Currently, pepper prices are purchased at 146,000 VND/kg - the highest in the country.
However, pepper prices in Dak Nong have fluctuated sharply, down 2,000 VND/kg compared to yesterday. Currently, traders are purchasing pepper in this locality at 144,000 VND/kg - the lowest in the country.
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| Domestic pepper prices updated on the afternoon of May 31, 2025 |
Recorded on May 31, the domestic pepper market decreased slightly; pepper prices in Dak Nong decreased sharply.
The world market continued to be stable and sideways; however, global pepper trade is vibrant in early 2025, with high demand in the US and China, and increased exports from Brazil and Indonesia.
According to experts, in the context of unclear US tax rates, many importers are cautious and waiting to sign new orders. Last week, shipping costs to the EU and the US increased rapidly, by about 20-30%.
Experts say that in recent days, domestic pepper prices have continuously decreased slightly, but in reality, they are still maintaining a significantly higher level than at this time of year normally.
In the short term, pepper purchasing prices may continue to fluctuate within a narrow range, depending on the export speed and the stockpiling trend of processing enterprises as well as international traders.
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| Farmers in Dak Nong province harvest pepper |
Currently, the overall picture of the international market is hiding many unfavorable factors. Enterprises are continuously increasing the import of goods before the new tariffs are applied, causing sea freight rates to increase dramatically. This directly pushes up the logistics costs of agricultural products, including pepper.
This price increase will reduce profit margins and lead to higher prices for consumers. However, for non-essential goods such as pepper, in the context of too high prices, it can lead to consumers cutting it out of their daily menu. This will cause low demand and drag down the market.
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| Update world pepper prices on the afternoon of May 31, 2025 |
Forecast of world pepper price tomorrow June 1, 2025, the market remains stable.
According to the forecast of world pepper price tomorrow, the market is stable and sideways; however, there are still fluctuations in increase and decrease in countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of May 31, 2025 as follows: the pepper market continued to move sideways and stabilize after yesterday's trading session.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,427 USD/ton; similarly, Muntok white pepper is currently purchased at 10,125 USD/ton.
The Malaysian pepper market remains stable, currently the price of Malaysian ASTA black pepper is purchased at 9,150 USD/ton and the price of ASTA white pepper is at 11,850 USD/ton.
Pepper prices in Brazil remained stable, with little change compared to the previous trading session. The current purchase price is 6,650 USD/ton.
Vietnam's pepper export market is stable and increased slightly compared to the previous trading session. Currently, the export price of Vietnamese black pepper is at 6,500 USD/ton for 500 g/l; 550 g/l is at 6,600 USD/ton and the price of white pepper is at 9,500 USD/ton.
*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (June 1, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-ngay-mai-162025-trong-nuoc-neo-nguong-cao-390210.html
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