Forecast of domestic pepper price tomorrow, May 20, 2025, fluctuating up

Forecast for domestic pepper price tomorrow, May 20, 2025, the market is anchored at a high level and fluctuates upward.

Today's pepper price was updated on the afternoon of May 19, 2025 as follows: The domestic market continues to stabilize at a high level and move sideways; only pepper prices in Gia Lai continue to decrease, down 1,000 VND/kg compared to the previous trading session. Currently, the average pepper purchase price in key areas is 151,600 VND/kg.

Specifically, today's pepper price in Gia Lai province continued to decrease compared to the previous session, down 1,000 VND/kg, currently the pepper purchase price in this locality is at 150,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau and Binh Phuoc fluctuated little, with a stable trend compared to yesterday. Currently, pepper prices purchased by traders in the two localities are 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.

Domestic pepper prices updated on the afternoon of May 19, 2025

On May 19, the domestic pepper market basically remained stable at a high level; however, pepper prices in Gia Lai continued to decrease by VND 1,000/kg.

According to experts, domestic pepper prices are still high, a clear sign that supply is gradually shrinking after the harvest.

Meanwhile, demand from major markets such as the Middle East and Europe is forecast to increase sharply in the second quarter of 2025, thereby creating additional pressure on supply. However, in general, the domestic market is still quite cautious, weak purchasing power has prevented pepper prices from breaking out as expected.

It is forecasted that from now until the end of the year, supply and demand will continue to play a key role in regulating the market. In fact, the global pepper supply is still in short supply, which is a positive signal for pepper prices to recover in the medium and long term. However, as the domestic market remains sluggish and farmers continue to hoard their goods, prices will likely only fluctuate within a narrow range.

Farmers in Dak Nong province harvest pepper

Meanwhile, Ptexim's latest report said that demand has improved in the EU, Asia and the US. Notably, the Chinese market has started buying again, although the quantity is not large.

Post-harvest shortages and recovering import demand from China, Europe and the US are factors supporting prices. However, competitive pressure is increasing as Vietnamese pepper faces high tariffs in the US in the first/second quarter, making Vietnamese goods less advantageous than those from Brazil and Indonesia.

Update world pepper prices on the afternoon of May 19, 2025

Forecast of world pepper price tomorrow May 20, 2025, the market will increase slightly.

According to the forecast of world pepper price tomorrow, the market is stable and slightly increasing; 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 19, 2025 as follows: the pepper market continues to be stable, with little fluctuation compared to many previous sessions of increase and decrease.

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 20, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2052025-bien-dong-tang-388267.html