Forecast of domestic pepper price tomorrow 5/21/2025, domestic price will increase

Forecast for domestic pepper price tomorrow, May 21, 2025, domestic market is flat and slightly increasing.

Today's pepper price was updated on the afternoon of May 20, 2025 as follows: The domestic market continues to stabilize at a high level and remains unchanged compared to yesterday. Currently, the average pepper purchase price in key areas is 151,600 VND/kg.

Specifically, today's pepper price in Gia Lai province remained stable compared to yesterday's slight decrease, currently the local pepper purchase price 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 20, 2025

On the afternoon of May 20, the domestic pepper market continued to be stable and flat. The world market tended to be stable; only pepper prices in Indonesia increased and decreased for two types of black and white pepper.

According to experts, domestic purchasing power is still weak, along with farmers' "hoarding" mentality and traders' caution, making it difficult for domestic prices to increase significantly. Some forecasts suggest that prices will only fluctuate slightly within the range of 150,000 - 152,000 VND/kg in the short term, but the medium and long-term recovery prospects still show positive signs.

Notably, the Chinese market has started buying again, although the volume is still limited. According to forecasts, pepper exports in the second quarter and in the coming time will face many difficulties due to financial pressure on exporters and importers.

Farmers in Dak Nong province harvest pepper

It is forecasted that from now until the end of the year, the supply and demand factors will continue to play a key role in regulating the market. In fact, the global pepper supply is still in short supply, which is expected to be a positive signal to help pepper prices not drop too low in the medium and long term.

In the context of competitors to Vietnamese pepper, Indonesia is making efforts to consolidate its position as the world's leading spice producer. The government has been constantly promoting the targeted development of key crops such as pepper. In 2025, the Indonesian Ministry of Agriculture has identified pepper as the main focus of its spice growing area development program.

Update world pepper prices on the afternoon of May 20, 2025

Forecast of world pepper price tomorrow, May 21, 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 20, 2025 as follows: the pepper market continues to be stable, with little fluctuation; the Indonesian market fluctuates between black and white pepper.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,357 USD/ton; similarly, Muntok white pepper is currently purchased at 10,032 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 21, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2152025-trong-nuoc-tang-388472.html