Forecast for domestic pepper price tomorrow, April 28, 2025, the market is stable and slightly decreased.
Today's pepper price was updated on the afternoon of April 27, 2025 as follows: The domestic pepper market is stable and unchanged compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.
Specifically, today's pepper price in Gia Lai province is stable and unchanged compared to yesterday, currently the pepper purchase price in this locality is at 154,500 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau have a stable trend, currently pepper is purchased at 155,000 VND/kg.
Pepper prices in Binh Phuoc fluctuated little compared to the previous trading session. Currently, the pepper purchasing price in this locality is at 155,000 VND/kg.
Dak Nong and Dak Lak pepper prices are stable and at a high level. Currently, the pepper purchase price in these two localities is at 156,000 VND/kg.
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| Domestic pepper prices updated on the afternoon of April 27, 2025 |
According to statistics, last week, although domestic pepper prices fluctuated up and down on some days, they generally did not change much compared to last week.
Experts say that tomorrow, pepper prices are likely to continue to move sideways or decrease slightly within a narrow range. This adjustment is mainly technical because pepper prices have remained high for many weeks and there is no clear stimulus in the short term. If the export market does not have sudden orders, prices are unlikely to increase sharply.
In the short term, pepper prices may continue to fluctuate around VND154,000–157,000/kg. Some factors supporting price increases include low inventories among people and stable demand from China, the Middle East and the US. However, pressure from logistics costs and exchange rate fluctuations may make exporters more cautious in signing new contracts, thereby slowing down the price increase.
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| Farmers in Gia Lai province harvest pepper. |
Regarding the main causes affecting the current market: Supply decreased slightly due to farmers limiting investment and shifting to other crops with higher value. Exports were stable in the first quarter of 2025, although not increasing strongly, they still maintained good purchasing power from traditional markets. The weather factor was quite favorable, helping to maintain quality, but not enough to create a breakthrough in output.
The pepper market is in a price accumulation phase, with short-term fluctuations mainly due to local supply and demand and market psychology, with no clear signal for a strong upward trend in early May.
According to the Vietnam Pepper and Spices Association (VPSA), reports indicate a general trend that global pepper output is expected to continue to decline in 2025, such as in India, Indonesia and Sri Lanka.
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| Update world pepper prices on the afternoon of April 27, 2025 |
Forecast of world pepper price tomorrow April 28, 2025, the market will increase slightly.
According to forecast, world pepper prices will fluctuate slightly 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 27, 2025 as follows: the pepper market tends to be stable and sideways.
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 remained stable after many previous declines. 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 stable, with little change compared to the previous trading session. The current purchase price is 6,900 USD/ton.
The Vietnamese pepper market continues to move sideways and stabilize. 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 28, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2842025-giam-nhe-385123.html
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