Forecast of domestic pepper price tomorrow, May 13, 2025, will the market increase?
Today's pepper price was updated on the afternoon of May 12, 2025 as follows, the market tends to be stable, sideways compared to the previous 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 is stable, unchanged compared to yesterday's trading session, currently the pepper purchase price in this locality is at 151,000 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau have a stable trend compared to the previous trading session, currently pepper is purchased at 152,000 VND/kg.
Pepper prices in Binh Phuoc fluctuated little, remaining unchanged compared to yesterday. Currently, the pepper purchasing price in this locality is at 151,500 VND/kg.
Pepper prices in Dak Lak and Dak Nong are stable compared to yesterday's sharp drop. Currently, traders are purchasing pepper in these two localities at 151,000 VND/kg.
Domestic pepper prices updated on the afternoon of May 12, 2025 |
According to pepper prices on May 12, the world market remained stable; the domestic pepper market also had a stable and sideways trend.
Although pepper prices today have not fluctuated much, consumption demand remains stable, and limited supply after harvest may create opportunities for pepper prices to increase slightly in the coming time.
However, experts say the domestic market is still lacking momentum to increase prices, as exports have stagnated and domestic purchasing power has not yet broken through.
Meanwhile, the world pepper market is entering a period of strong fluctuations, with the market increasing and decreasing with each trading session. Some places have temporarily maintained stable prices, but many areas have witnessed a clear decline due to unfavorable weather and weak consumption demand.
This situation makes domestic investors and traders become cautious, limit purchasing and hoarding goods, and wait for clearer signals from the market.
Farmers in Dak Nong province harvest pepper |
Many experts believe that the demand for pepper in the international market is still stable, a positive signal that can help keep domestic prices at a reasonable level in the coming time. However, the general trend is still to move sideways or fluctuate slightly within a narrow range if there is no strong demand from exports.
According to Comexstat data, Brazil exported 10,566 tons of pepper in April 2025, earning $60.1 million, down 2.9% in volume and 12.9% in value compared to the previous month. However, compared to the same period last year, exports increased sharply by 39.1% in volume and 99.2% in value.
Update world pepper prices on the afternoon of May 12, 2025 |
Forecast of world pepper price tomorrow May 13, 2025, the market will increase slightly.
According to the forecast of world pepper price tomorrow, the market will 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 12, 2025 as follows: the pepper market is stable, sideways compared to the previous trading session.
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 13, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1352025-lieu-co-tang-387221.html
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