Pepper price forecast for tomorrow, May 22, 2025: Stable market, few fluctuations

Forecast for domestic pepper price tomorrow, May 22, 2025, the domestic market has no sudden factors, remains stable and sideways.

Today's pepper price was updated on the afternoon of May 21, 2025 as follows: The domestic market continues to be stable at a high level; only the Dak Lak and Dak Nong markets decreased slightly, down 1,000 VND/kg compared to yesterday. Currently, the average pepper purchase price in key areas is 151,100 VND/kg.

Specifically, today's pepper price in Gia Lai province remained stable compared to yesterday's slight decrease, currently the pepper purchase price in this locality is at 150,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau and Binh Phuoc fluctuated little, with a stable trend compared to yesterday. Currently, pepper prices purchased by traders in the two localities are 151,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong fluctuated slightly down, down 1,000 VND/kg compared to yesterday. Currently, traders are purchasing pepper in these two localities at 152,000 VND/kg.

Domestic pepper prices updated on the afternoon of May 21, 2025

On the afternoon of May 21, the domestic pepper market continued to fluctuate around 150,000 - 152,000 VND/kg; in which pepper prices in Dak Lak and Dak Nong decreased by 1,000 VND compared to yesterday.

According to experts, pepper prices remain high but there has been no breakthrough, mainly due to weak domestic purchasing power and farmers’ waiting for prices to rise. Trading activities are also slow as export enterprises remain cautious about international developments.

However, the medium and long-term outlook for the pepper industry remains positive as the global supply shortage has not improved. Some major markets, especially China, have begun to import again, albeit on a limited scale, showing signs of a gradual recovery.

Farmers in Gia Lai province harvest pepper.

In addition, Vietnam’s pepper industry is facing increasing competitive pressure as countries such as Indonesia and Brazil are boosting output and investing in the supply chain. To maintain its position, experts say Vietnam needs to focus on improving processing and building a more recognizable export brand.

According to preliminary statistics of the Vietnam Pepper and Spices Association (VPSA), in the first 15 days of May 2025, Vietnam exported 10,594 tons of pepper, with a total export turnover of 74.6 million USD, a slight increase of 1.7% in volume and 3.6% in volume compared to the first half of April 2025.

Update world pepper prices on the afternoon of May 21, 2025

Forecast of world pepper price tomorrow, May 22, 2025, the market will increase slightly.

According to the forecast of world pepper price tomorrow, the market is stable and slightly increasing; 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 21, 2025 as follows: the pepper market fluctuates up and down between countries. In particular, Indonesian pepper prices continue to fluctuate up, increasing from 22 - 30 USD/ton; on the contrary, after a period of little fluctuation and stability, pepper prices in Brazil suddenly decreased sharply, decreasing by 150 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,301 USD/ton; similarly, Muntok white pepper is currently purchased at 10,051 USD/ton.

The Malaysian pepper market remains stable, currently the price of Malaysian ASTA black pepper is purchased at 9,200 USD/ton and the price of ASTA white pepper is at 11,900 USD/ton.

Pepper prices in Brazil remained stable, with little change compared to the previous trading session. The current purchase price is 6,800 USD/ton.

The Vietnamese pepper market continues to move sideways and stabilize. Currently, the export price of Vietnamese black pepper is at 6,700 USD/ton for 500 g/l; 550 g/l is at 6,800 USD/ton and the price of white pepper is at 9,700 USD/ton.

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (May 22, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-ngay-mai-2252025-thi-truong-on-dinh-it-dot-bien-388656.html