Forecast of domestic pepper price tomorrow, May 18, 2025, sideways

Forecast for domestic pepper price tomorrow, May 18, 2025, the market will move sideways and stay at a high level.

Today's pepper price was updated on the afternoon of May 17, 2025 as follows, the domestic market is stable and flat compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 151,800 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.

Similarly, pepper prices in Ba Ria - Vung Tau and Binh Phuoc have a stable trend compared to yesterday, currently the pepper price purchased by traders in the two localities is 151,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong have remained stable compared to the previous slight increase. Currently, traders are purchasing pepper in these two localities at 153,000 VND/kg.

Dự báo giá tiêu trong nước ngày mai 18/5/2025, đi ngang

Domestic pepper prices updated on the afternoon of May 17, 2025

As of May 17, the world pepper market continued to increase in Indonesia but remained stable in other countries; the domestic market remained flat and at a high level.

Experts say global pepper prices remain high due to limited post-harvest supplies and expectations of increased demand from the Middle East and Europe in the second quarter. However, the overall trend remains relatively stable or has slight fluctuations. Although prices have increased this year compared to the same period in 2024, new planting areas have not been expanded due to lack of land and farmers have switched to other crops.

Farmers in Gia Lai province dry pepper after harvest.

Experts say that 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. The current increase only ranges from 500 to 1,000 VND/kg and depends largely on exchange rates and logistics costs.

Currently, Vietnamese pepper is under competitive pressure from Brazil and Indonesia, especially after the US applied a reciprocal tax policy. While Vietnam's pepper tax in this market remained at 10% in the second quarter, expected to increase to 25-30% in the third quarter, rival countries are enjoying lower tax rates, causing great disadvantages for export enterprises.

Update world pepper prices on the afternoon of May 17, 2025

Forecast of world pepper price tomorrow May 18, 2025, stable market.

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 17, 2025 as follows: the pepper market continues to be stable. Particularly, pepper prices in Indonesia continue to increase compared to yesterday, increasing from 49 - 68 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,301 USD/ton; similarly, Muntok white pepper is currently purchased at 10,051 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 18, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1852025-di-ngang-388013.html