Forecast of domestic pepper price tomorrow, March 26, 2025, will continue to decrease

Forecast of domestic pepper price tomorrow, March 26, 2025, continues to decrease.

Today's pepper price was updated on the afternoon of March 25, 2025 as follows: The pepper market suddenly turned around and decreased sharply compared to yesterday, a decrease of 3,000 - 3,500 VND/kg. Currently, the average pepper purchase price in key areas is 156,400 VND/kg.

Specifically, today's pepper price in Gia Lai province has turned down sharply, down 3,000 VND/kg, currently the pepper purchase price in this locality is 156,000 VND/kg. Similarly, pepper price in Ba Ria - Vung Tau fluctuated down, currently the pepper purchase price is 156,000 VND/kg.

After a slight increase in the previous session, Binh Phuoc pepper prices have decreased by 3,000 VND/kg, currently the local pepper price is at 156,000 VND/kg.

Pepper prices in Dak Lak province also decreased sharply, down 3,000 VND/kg, currently the pepper purchase price is at 157,000 VND/kg.

Pepper prices in Dak Nong province decreased the most, down 3,500 VND/kg compared to the previous trading session. Currently, the pepper purchase price in this locality is at 157,000 VND/kg.

Domestic pepper prices updated on the afternoon of March 25, 2025

Experts say that in the short term, people have the mentality of stockpiling goods and waiting for prices to rise before bringing them to the market, causing the consumer market to somewhat stagnate.

According to the General Department of Customs, Vietnam's pepper exports in the first 15 days of March reached 8,596 tons, worth 59.8 million USD, down 26.3% in volume and up 18.8% in value compared to the same period in 2024. Accumulated from the beginning of 2025 to March 15, pepper exports reached 35,802 tons, worth 243.9 million USD, down 15.8% in volume but up 39.7% in value compared to the same period last year.

Farmers in Dak Nong province dry pepper after harvest.

It is predicted that this year Vietnam's pepper output will decrease due to the impact of climate change. At the same time, income from other crops such as durian, coffee... helps many households not to be under financial pressure, causing the amount of pepper sold to be small.

Faced with rising prices, businesses and traders are increasing their stockpiling. However, they face many challenges such as high bank interest rates, limited storage space and seasonal cash flow pressures. In the context of increasing demand from the EU, the US and Asia, the pepper market outlook is still considered positive.

Regarding the market outlook in the coming time, experts say there will be big fluctuations. Although the new crop has been released to the market with increasing volume, the "hoarding" mentality of farmers this year is still very strong, leading to them limiting sales. High pepper prices make businesses and traders store less, so the possibility of price manipulation like in previous years will be difficult to happen. However, in the long term, the growth momentum still has bright prospects when consumption demand remains high and there are expectations that China will soon increase imports again.

Update world pepper prices on the afternoon of March 25, 2025

World pepper price forecast tomorrow March 26, 2025 is stable and slightly decreased.

According to forecasts, world pepper prices tomorrow will remain stable, but there will still be slight fluctuations between countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of March 25, 2025 as follows: The pepper market in Indonesia turned down compared to the previous trading session, down from 26 - 138 USD/ton; other countries were stable and anchored at a high level.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,241 USD/ton; similarly, Muntok white pepper is currently purchased at 10,069 USD/ton.

The Malaysian pepper market remained stable compared to the most recent trading session. Currently, the price of Malaysian ASTA black pepper is purchased at 9,900 USD/ton and the price of ASTA white pepper is at 12,400 USD/ton.

Pepper prices in Brazil are currently stable after the previous increase and are anchored at a high level, currently purchasing price reaching 7,000 USD/ton.

Vietnam's pepper export market is stable and remains high. Specifically, the export price of Vietnam's black pepper is currently at 7,100 USD/ton for 500 g/l; 550 g/l is at 7,300 USD/ton and the price of white pepper is at 10,100 USD/ton.

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (March 26, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2632025-tiep-da-giam-379922.html