Pepper price forecast tomorrow January 27, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price January 27.
Pepper price forecast tomorrow
Domestic pepper price forecast tomorrow, January 27, 2025 will be stable, stable, and anchored at a fairly high level.
Today's pepper price was updated on the afternoon of January 26, 2025 as follows: The domestic pepper market on the second day of the Lunar New Year holiday of At Ty 2025 tends to move sideways, stable compared to the previous trading session.
Specifically, today's pepper price in Gia Lai province remains stable and is purchased at 147,500 VND; pepper price in Ba Ria - Vung Tau province continues to maintain a high price, currently the purchase price is 147,000 VND/kg; similarly, pepper price in Binh Phuoc remains stable compared to the previous trading session, currently the pepper purchase price is 147,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong are currently at a fairly high level, with the current pepper purchase price in these two localities at 148,200 VND/kg.
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| Domestic pepper price updated on January 26, 2025 |
According to the Vietnam Pepper and Spice Association (VPSA), in 2024, Europe warned 77 cases of pepper and spices imported from markets, down 2 cases compared to 2023. Specifically, 8 cases of pepper, 35 cases of chili, 12 cases of cinnamon, 5 cases of ginger, 8 cases of nutmeg.
Of which, Vietnam recorded the highest number of warnings with 21 cases, a 7-fold increase compared to 2023. Chili is the product with the most warnings with 11 warnings; cinnamon has 7 warnings, of which 3 are about lead residues; pepper has 1 warning about Salmonella bacteria. After Vietnam is India with 16 cases, Indonesia has 8, China has 4...
Not only in Europe, the US market also detected 15 warning cases related to Vietnamese spices, including 6 warnings for cinnamon, tripled compared to 2 cases in 2023.
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| Farmers in Dak Nong province dry pepper after harvest. |
In 2024, Vietnam exported 250,600 tons of pepper, earning nearly 1.32 billion USD. Although output decreased by 5.1% compared to 2023, export turnover increased sharply by 45.4%. According to experts, pepper prices in 2025 may remain high thanks to stable demand and limited supply, but the market still faces risks from speculators and dependence on the US and Chinese markets.
Whole black pepper is the main export item with 180,695 tons, accounting for 72.1% of total export volume, down 12.1% compared to the previous year. Whole white pepper exports reached 19,814 tons, down 2%, accounting for 7.9% of the proportion. Other types of pepper such as pickled pepper, raw pepper, green pepper... also decreased by 13.2%, to 1,453 tons.
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| Update world pepper prices today January 26, 2025 |
Forecast of world pepper price tomorrow January 27, 2025
According to forecast, world pepper prices tomorrow will fluctuate slightly up and down between countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of January 26, 2025 as follows: the pepper market tends to stabilize at a high level.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,157 USD/ton; similarly, Muntok white pepper is currently purchased at 9,456 USD/ton.
The Malaysian pepper market continues to remain stable and at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,000 USD/ton and the price of ASTA white pepper is at 11,600 USD/ton.
Pepper prices in Brazil have stabilized after many previous declines. Currently, the pepper purchase price in Brazil is at 6,150 USD/ton.
The export market for Vietnamese pepper continues to be stable and slightly increasing. Specifically, the export price of Vietnamese black pepper is currently at 6,350 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l; the price of white pepper is at 9,550 USD/ton.
*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (January 27, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-ngay-mai-2712025-trong-nuoc-di-ngang-371306.html
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