Pepper price forecast for tomorrow, May 28, 2025: Uptrend returns

Forecast of domestic pepper price tomorrow, May 28, 2025, market uptrend returns.

Today's pepper price was updated on the afternoon of May 27, 2025 as follows: The domestic market suddenly increased again, an increase of 1,000 - 1,500 VND/kg compared to yesterday; only pepper price in Binh Phuoc remained stable. Currently, the average pepper purchase price in key areas is 147,400 VND/kg.

Specifically, today's pepper price in Gia Lai province fluctuated and increased again, an increase of 1,000 VND/kg compared to yesterday's trading session, currently the pepper purchasing price in this locality is at 147,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also increased by 1,000 VND/kg, currently the pepper purchasing price in this locality is at 147,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong increased again compared to yesterday's trading session, an increase of 1,500 VND/kg. Currently, traders are purchasing pepper in these two localities at a price of 148,000 VND/kg.

Pepper prices in Binh Phuoc continued to remain unchanged compared to yesterday. Currently, pepper prices in this locality are being purchased by traders at 147,000 VND/kg.

Dự báo giá tiêu ngày mai 28/5/2025: Đà tăng trở lại

Domestic pepper prices updated on the afternoon of May 27, 2025

Recorded on May 27, the domestic pepper market suddenly increased again, currently the domestic pepper price fluctuates around 147,000 - 148,000 VND/kg; meanwhile, the world pepper price also fluctuates upward in Indonesia and remains high in other countries.

Domestic pepper prices increased simultaneously with a slight amplitude, a positive signal for garden owners and traders who are expecting a breakthrough in domestic pepper momentum.

According to experts, 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.

Farmers in Gia Lai province dry pepper after harvest.

According to statistics, while Vietnam's pepper export volume is continuously decreasing, its main competitors, especially Indonesia, are recording strong growth. Recent export growth shows the great potential of the Indonesian pepper industry in the global market.

Vietnam Pepper and Spices Association (VPSA) cited data from ITC saying that in the first 3 months of 2025, total global pepper imports reached 80,620 tons, down 8.1% compared to the same period in 2024 but up 6.1% compared to the same period in 2023 (updated data is incomplete and does not include Vietnam).

Of which, the US is the largest import market with a volume of 21,586 tons, up 8.7% and accounting for 26.8% of the market share. Next is India with 10,661 tons, up 45.9% and accounting for 13.2%; Germany: 6,380 tons, up 30.3% and accounting for 7.9%; France: 3,651 tons, up 10.6%... Notably, China reached 1,934 tons, up 108%.

Update world pepper prices on the afternoon of May 27, 2025

Forecast of world pepper price tomorrow May 28, 2025, the market will increase slightly.

According to the forecast of world pepper price tomorrow, the market will be flat and increase slightly; however, there will still be fluctuations in increase and decrease in different countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of May 27, 2025 as follows: pepper markets in various countries continue to be stable and sideways; pepper prices in Indonesia fluctuated and increased compared to yesterday's trading session, increasing from 38 - 51 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,470 USD/ton; similarly, Muntok white pepper is currently purchased at 10,185 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 28, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-ngay-mai-2852025-da-tang-tro-lai-389547.html