Forecast of domestic pepper price tomorrow, May 16, 2025, the market will increase

Pepper price forecast tomorrow May 16, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price May 16.

Forecast of domestic pepper price tomorrow, May 16, 2025, market fluctuations increase.

Today's pepper price was updated on the afternoon of May 15, 2025 as follows, the domestic market fluctuated up and down compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 151,400 VND/kg.

Specifically, today's pepper price in Gia Lai province remained stable, unchanged compared to the previous trading session. Currently, the pepper purchase price in this locality is at 151,000 VND/kg.

On the contrary, pepper prices in Ba Ria - Vung Tau fluctuated downward, down 1,000 VND/kg compared to yesterday, currently pepper is purchased at 151,000 VND/kg.

Pepper prices in Binh Phuoc also decreased by 500 VND/kg, currently the pepper purchasing price in this locality is at 151,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong suddenly increased by 1,000 VND/kg compared to yesterday's trading session. Currently, traders are purchasing pepper in these two localities at 152,000 VND/kg.

Domestic pepper prices updated on the afternoon of May 15, 2025

Recorded on May 15, the domestic pepper market fluctuated up and down, but the amplitude was narrower compared to many previous sideways sessions.

According to experts, although pepper output this year is still limited, domestic purchasing prices have not met farmers' expectations. This has caused many pepper growers to carefully consider when to bring their products to market. However, compared to last year, pepper prices have recorded a significant increase.

According to the Import-Export Department (Ministry of Industry and Trade), based on current supply and demand factors, some industry experts predict that pepper prices may increase slightly between mid-May and early June 2025, when export enterprises complete delivery contracts for the second quarter of 2025.

Farmers in Dak Nong province harvest pepper

Some European and Middle Eastern markets are boosting imports to serve the holidays and tourist season. At the same time, world pepper prices are likely to recover slightly if supplies from the Brazilian market encounter adverse weather conditions.

In fact, global pepper supply is still in short supply, which is a positive signal that helps pepper prices recover in the medium and long term.

In the short term, domestic pepper prices are forecast to remain high, ranging from VND150,000 to VND152,000 per kilogram, mainly due to scarce supply and stable export demand. In this context, pepper prices may increase slightly, but farmers need to be cautious and proactive in their business strategies. In addition, pepper growers need to closely monitor weather developments and factors affecting productivity to have appropriate and effective production plans.

Update world pepper prices on the afternoon of May 15, 2025

Forecast of world pepper price tomorrow May 16, 2025, stable market.

According to the forecast of world pepper price tomorrow, the market will move sideways; 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 15, 2025 as follows: the pepper market continues to be stable, moving sideways. Particularly, pepper prices in Indonesia tend to increase and decrease alternately; black pepper prices decreased by 85 USD/ton; conversely, white pepper prices increased by 45 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,238 USD/ton; similarly, Muntok white pepper is currently purchased at 9,963 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 16, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1652025-thi-truong-tang-387703.html