Forecast for domestic pepper price tomorrow, May 1, 2025, the market will move sideways.
Today's pepper price was updated on the afternoon of April 30, 2025 as follows: The domestic pepper market remains stable, sideways and anchored at a high level. Currently, the average pepper purchase price in key areas is 155,200 VND/kg.
Specifically, pepper prices today in Gia Lai province are stable after a slight decrease yesterday, currently the local pepper purchasing price is at 154,000 VND/kg.
Pepper prices in Ba Ria - Vung Tau are also on a stable trend, currently pepper is purchased at 155,000 VND/kg.
Pepper prices in Binh Phuoc fluctuated little compared to the previous trading session. Currently, the pepper purchasing price in this locality is at 155,000 VND/kg.
Dak Nong and Dak Lak pepper prices are stable and at a high level. Currently, the pepper purchase price in these two localities is at 156,000 VND/kg.
 |
| Domestic pepper prices updated on the afternoon of April 30, 2025 |
Experts say pepper prices may increase slightly in the short term thanks to stable export demand and reduced output due to prolonged drought in the Central Highlands and Southeast. At the same time, signals from international markets are also opening up new opportunities for this industry.
Currently, there are many factors affecting pepper prices, including: Limited supply: Global pepper production, especially in major producing countries such as Vietnam, Indonesia and India, is decreasing sharply due to disease, adverse weather and crop conversion. This shortage of supply has pushed pepper prices up.
Increased demand: Global demand for pepper remains high, especially from major markets such as the US, EU and China. In the first two months of 2025, Vietnam exported more than 27,400 tons of pepper, of which the US accounted for 21.5% of total output. However, the imposition of new tariffs from the US is causing many concerns for the pepper industry.
Market psychology: Farmers and exporters are currently tending to hold onto their goods and not sell them in large quantities, leading to limited circulation and prices continuing to remain high.
 |
| Farmers in Gia Lai province dry pepper after harvest. |
According to a report from Ptexim, demand in key markets such as Europe and Asia is gradually recovering, especially the US and China. Although the amount of pepper exported from Vietnam to China in the first quarter of 2025 increased by nearly 88% compared to the same period last year, this figure is actually lower than in 2023. This is more a strategy to stockpile goods than a manifestation of real demand surge.
Meanwhile, in the US market, many long-term orders for the third and fourth quarters of 2025 have been booked, reflecting confidence in the prospect of continued price increases and concerns about supply shortages. However, most Vietnamese exporters remain cautious and are not in a hurry to sign long-term contracts to anticipate the price increase trend in 2025 - 2026.
 |
| Update world pepper prices on the afternoon of April 30, 2025 |
Forecast of world pepper price tomorrow May 1, 2025, the market will increase slightly.
According to forecast, world pepper prices will fluctuate slightly tomorrow; however, there will still be fluctuations in increase and decrease in different countries.
Update on world pepper prices from the International Pepper Association (IPC) on the afternoon of April 30, 2025 as follows: the pepper market increased and decreased alternately. In particular, Indonesian pepper prices continued to increase compared to yesterday. In contrast, pepper prices in Brazil and Vietnam decreased sharply, a decrease of about 100 USD/ton compared to the most recent trading session.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,211 USD/ton; similarly, Muntok white pepper is currently purchased at 9,767 USD/ton.
The Malaysian pepper market remained stable after many previous declines. Currently, the price of Malaysian ASTA black pepper is purchased at 9,300 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 1, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-152025-di-ngang-385615.html
Comment (0)