Pepper price forecast for tomorrow, May 25, 2025: stable at high level

Forecast for domestic pepper price tomorrow, May 25, 2025, the market is stable and anchored at a high level.

Today's pepper price was updated on the afternoon of May 24, 2025 as follows: The domestic market is stable and flat compared to the previous sharp decline. Currently, the average pepper purchase price in key areas is 146,400 VND/kg.

Specifically, today's pepper price in Gia Lai province is stable, unchanged compared to yesterday, currently the pepper purchase price in this locality is at 146,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau fluctuated little compared to yesterday, currently the pepper purchasing price in this locality is at 146,000 VND/kg.

Pepper prices in Binh Phuoc are also on a stable trend, however, currently pepper prices in this locality are purchased by traders at the highest price in the country at 147,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong remained stable after yesterday's sharp decline. Currently, traders are purchasing pepper in these two localities at a price of 146,500 VND/kg.

Domestic pepper prices updated on the afternoon of May 24, 2025

Recorded on May 24, the domestic pepper market fluctuated little, remaining flat compared to yesterday's sharp decline. Currently, pepper prices fluctuate at 146,000 - 147,000 VND/kg.

Today's pepper market broke all predictions that prices could increase due to increased supply. Previously, some experts warned that parties in the market should pay attention to the price level of 150,000 VND/kg, if this level is "broken", pepper prices could face a deep price drop.

However, the Import-Export Department believes that world pepper prices remain high due to limited supply after the harvest, along with expectations of improved demand in Europe and the Middle East in the second quarter. However, the main trend remains sideways.

Farmers in Dak Nong province harvest pepper

In Vietnam, the downward pressure on prices comes from weak purchasing power and cautious sentiment. The Vietnam Pepper and Spice Association (VPSA) said that many farmers are no longer interested in investing more, as costs are getting higher but prices are not attractive enough. Instead, some have switched to growing crops with higher economic value such as durian and avocado. The expansion of pepper acreage is also limited by the increasingly narrowing land fund for cultivation.

VPSA believes that this is the time for Vietnamese pepper exporting enterprises to seek out markets with low market share, while promoting access to potential markets through trade promotion activities and participation in fairs and exhibitions in many countries.

In particular, for markets with high standards, strict quality requirements but good profit margins, businesses must pay more attention to quality control to improve product stability and adaptability to market fluctuations.

Update world pepper price on the afternoon of May 24, 2025

Forecast of world pepper price tomorrow May 25, 2025, stable market.

According to the forecast of world pepper price tomorrow, the market is stable; however, there are still fluctuations in increase and decrease in different countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of May 24, 2025 as follows: pepper market fluctuates between countries; in which, pepper prices in Indonesia continue to increase slightly, while the Malaysian market turns to decrease after a previous period of flat growth.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,432 USD/ton; similarly, Muntok white pepper is currently purchased at 10,134 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.

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 25, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-ngay-mai-2552025-binh-on-o-muc-cao-389114.html