Forecast of domestic pepper price tomorrow, May 11, 2025, slightly decreased

Pepper price forecast tomorrow May 11, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price on May 11.

Forecast of domestic pepper price tomorrow, May 11, 2025, the market will decrease.

Today's pepper price was updated on the afternoon of May 10, 2025 as follows: The domestic pepper market suddenly turned around and decreased sharply, down 1,500 - 4,000 VND/kg compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 151,300 VND/kg.

Specifically, today's pepper price in Gia Lai province turned down sharply compared to yesterday's trading session, down 2,000 VND/kg, currently the pepper purchase price in this locality is at 151,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also decreased by 1,000 VND/kg compared to the previous trading session, currently pepper is purchased at 152,000 VND/kg.

Pepper price in Binh Phuoc also decreased by 1,500 VND/kg, currently the pepper purchasing price in this locality is at 151,500 VND/kg.

Pepper prices in Dak Lak and Dak Nong have fluctuated sharply, down 4,000 VND/kg compared to yesterday. Currently, traders are purchasing pepper in these two localities at 151,000 VND/kg.

Domestic pepper prices updated on the afternoon of May 10, 2025

Recorded on May 10, the domestic pepper market suddenly decreased sharply compared to previous sideways and high sessions.

According to experts, after the US announced the reciprocal tax rate, the Vietnamese pepper market is facing price competition with pepper from Brazil and Indonesia because their reciprocal tax rates are lower. This is a big challenge that Vietnamese pepper has to face in the long term.

However, the business community hopes that the world pepper market has remained stable and high in recent times, which will continue to create positive momentum for domestic pepper prices. If demand from major markets such as the Middle East and Europe increases sharply in the second quarter of 2025, pepper prices may continue to increase.

In the context of volatile trade, Vietnamese export enterprises are also proactively diversifying markets to reduce dependence on a few traditional partners.

According to the Vietnam Pepper and Spices Association (VPSA), pepper exports in the first months of 2025 decreased in volume but increased sharply in value thanks to increased export prices, showing the proactive diversification of markets and search for new customers in other markets such as Europe, Asia, the Middle East, etc. of Vietnamese enterprises.

According to preliminary data from the Vietnam Pepper and Spices Association (VPSA), in the first four months of 2025, Vietnam imported a total of 15,374 tons of pepper, of which black pepper accounted for 11,750 tons and white pepper reached 3,624 tons, with a total import value of up to 88.3 million USD. Compared to the same period in 2024, the import volume increased by 25.3% and the turnover increased significantly by 104.8%.

Update world pepper prices on the afternoon of May 10, 2025

Forecast of world pepper price tomorrow, May 11, 2025, the market is sideways.

According to the forecast for world pepper prices tomorrow, the market will move sideways with little fluctuation; however, there will still be increases and decreases in different countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of May 10, 2025 as follows: the pepper market is stable, sideways; pepper prices in Indonesia unexpectedly decreased again after a slight increase yesterday, a decrease of 15 - 21 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,323 USD/ton; similarly, Muntok white pepper is currently purchased at 9,918 USD/ton.

The Malaysian pepper market remains stable, currently the price of Malaysian ASTA black pepper is purchased at 9,200 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 11, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1152025-giam-nhe-386957.html