Forecast of domestic pepper price tomorrow, April 27, 2025, stable and sideways.
Today's pepper price was updated on the afternoon of April 26, 2025 as follows: The domestic pepper market turned to decrease, a decrease of 1,000 VND/kg compared to yesterday. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.
Specifically, today's pepper price in Gia Lai province fluctuated downward, down 1,000 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 154,500 VND/kg.
Pepper prices in Ba Ria - Vung Tau are also on a downward trend, currently pepper is purchased at 155,000 VND/kg.
Pepper price in Binh Phuoc has decreased compared to yesterday, down 1,000 VND/kg, currently the pepper purchase price in this locality is at 155,000 VND/kg.
Dak Nong and Dak Lak pepper prices also decreased by 1,000 VND/kg compared to yesterday's trading session. Currently, the pepper purchasing price in these two localities is at 156,000 VND/kg.
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| Domestic pepper prices updated on the afternoon of April 26, 2025 |
On the afternoon of April 26, pepper prices fluctuated downward. According to analysts, the main reason for the decrease in pepper prices is the caution of exporters and the "waiting for the bottom" mentality of sellers, leading to a tug-of-war situation in the market. Many farmers and businesses are currently "hoarding" their goods, expecting prices to increase further in the near future.
The pepper market is currently in a tug-of-war between supply and demand. Despite limited supply, cautious sentiment among sellers and reticence among exporters are creating temporary price stability. In the short term, pepper prices may remain at current levels or increase slightly, depending on supply-demand developments and market sentiment.
According to experts, pepper prices may remain stable or increase slightly in the coming time, depending on supply and demand and market sentiment. If the hoarding continues, supply to the market will be limited, which may create upward pressure on prices. However, if exporters decide to increase purchases to meet demand from major markets such as the US, EU and the Middle East, prices may increase rapidly.
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| Farmers in Dak Nong province harvest pepper |
The Vietnam Pepper and Spice Association (VPSA) informed that although pepper prices have increased compared to last year, pepper replanting has not been strong in localities because there is no new land or farmers are growing crops with higher economic value than pepper, so it is expected that the production area will be difficult to increase in 2025.
Exports in the second quarter and the coming period are expected to continue to face difficulties due to high prices, putting financial pressure on exporters and importers. At the same time, US tax policies may change, so orders signed for long-term delivery will be limited at the present time.
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| Update world pepper prices on the afternoon of April 26, 2025 |
Forecast of world pepper price tomorrow April 26, 2025, market fluctuations increase.
According to forecast, world pepper prices will fluctuate and increase tomorrow; however, there will still be fluctuations and stability in countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of April 26, 2025 as follows: the pepper market tends to be stable and sideways. In particular, pepper prices in Indonesia have increased again after the previous decline, an increase of 24 - 31 USD/ton compared to yesterday; pepper prices in other countries are stable.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,126 USD/ton; similarly, Muntok white pepper is currently purchased at 9,643 USD/ton.
The Malaysian pepper market has turned down sharply after many previous stable and sideways sessions. Currently, the price of Malaysian ASTA black pepper is purchased at 9,300 USD/ton and the price of ASTA white pepper is at 11,900 USD/ton.
Pepper prices in Brazil remained unchanged compared to yesterday's increase, currently at $6,900/ton.
Vietnam's pepper market continues to move sideways and stabilize compared to the previous high session. Currently, the export price of Vietnamese black pepper is at 6,800 USD/ton for 500 g/l; 550 g/l is at 6,900 USD/ton and the price of white pepper is at 9,800 USD/ton.
*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (April 27, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2742025-di-ngang-385010.html
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