Pepper price forecast for tomorrow, May 31, 2025: domestic price remains stable

Forecast for domestic pepper price tomorrow, May 31, 2025, the market is stable and sideways.

Today's pepper price was updated on the afternoon of May 30, 2025 as follows: The domestic market continued to fluctuate downward, with a decrease of 500 - 1,000 VND/kg; only pepper prices in Dak Nong were stable and unchanged compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 145,500 VND/kg.

Specifically, pepper prices today in Gia Lai province continued to decrease slightly, down 500 VND/kg compared to yesterday, currently the pepper purchasing price in this locality is at 145,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also decreased by 1,000 VND/kg, currently the pepper purchase price is at 145,000 VND/kg.

Pepper price in Binh Phuoc decreased by 1,000 VND/kg compared to the previous trading session. Currently, pepper price in this locality is purchased by traders at 145,000 VND/kg.

Pepper prices in Dak Lak continued to decrease compared to yesterday's trading session, down 500 VND/kg, currently pepper is purchased at 146,000 VND/kg.

Pepper prices in Dak Nong are stable and unchanged compared to yesterday's decrease. Currently, traders are purchasing pepper in this locality at a price of 146,000 VND/kg.

Dự báo giá tiêu ngày mai 31/5/2025: trong nước đi ngang

Domestic pepper prices updated on the afternoon of May 30, 2025

Recorded on May 30, the pepper market is estimated to continue to decline; meanwhile, the world market is stable and sideways after the previous sharp decline.

According to experts, after the US announced its reciprocal tax policy, Vietnamese pepper is facing increasing competitive pressure from products from Brazil and Indonesia due to lower tax rates from these two countries.

Pepper prices have been on a downward trend since early April 2025, due to concerns about the US government's new tariff policy. Uncertainties related to import taxes have directly affected market sentiment, making trading and order signing activities more cautious.

Experts predict that in the short term, pepper purchasing prices will fluctuate depending on the export speed and the stockpiling trend of processing enterprises as well as international traders.

Farmers in Gia Lai province harvest pepper.

Previously, the Vietnam Pepper and Spice Association (VPSA) predicted that exports in the second quarter of 2025 and the coming time will continue to face difficulties due to high prices, causing financial pressure on exporters and importers. In order to maintain export volume, businesses need to boost exports to the EU, India, and the Middle East as well as increase investment in deep processing and brand building.

According to the Customs Department, Vietnam's pepper exports in the first 15 days of May reached 10,596 tons, worth 74.6 million USD, down sharply by 20.3% in volume and 25.1% in value compared to the same period last year.

Accumulated from the beginning of the year to May 15, Vietnam exported 84,243 tons of pepper of all kinds, earning nearly 583 million USD. Although output decreased by about 12.6% compared to the same period last year, the value increased by 41.6% thanks to the export price soaring by 62%, reaching an average of 6,920 USD/ton.

Update world pepper prices on the afternoon of May 30, 2025

Forecast of world pepper price tomorrow May 31, 2025, the market is sideways.

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 30, 2025 as follows: the pepper market moved sideways and stabilized after the previous sharp decline.

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 has stabilized after yesterday's sharp decline. Currently, Vietnam's black pepper export price is at 6,500 USD/ton for 500 g/l; 550 g/l at 6,600 USD/ton and 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 (May 31, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-ngay-mai-3152025-trong-nuoc-di-ngang-390080.html