Forecast for domestic pepper price tomorrow, May 3, 2025, the market will move sideways and remain at a high level.
Today's pepper price was updated on the afternoon of May 2, 2025 as follows: The domestic pepper market remains stable, sideways and anchored at a high level. Currently, the average pepper purchase price in key areas is 155,200 VND/kg.
Specifically, pepper prices today in Gia Lai province remained stable after a slight decrease yesterday, currently the local pepper purchasing price is at 154,000 VND/kg.
Pepper prices in Ba Ria - Vung Tau are also on 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.
 |
| Domestic pepper prices updated on the afternoon of May 2, 2025 |
On May 2, the domestic and international pepper markets recorded positive developments, reflecting a strong recovery after the previous difficult period. Domestic pepper prices remained stable and anchored at a high level; world pepper prices tended to fluctuate upward.
Vietnam’s pepper output is forecast to fall by about 2% year-on-year; India’s output could fall by 20-25% due to unfavorable weather. Meanwhile, demand for pepper in the food and spice processing industries remains stable, especially in major markets such as the US and Europe.
In addition, the trend of consuming organic and deeply processed pepper is increasing, opening up opportunities for high-quality Vietnamese products.
 |
| Farmers in Dak Nong province harvest pepper |
Despite the positive outlook, the pepper market still faces some risks as adverse weather conditions could affect pepper productivity and quality. In addition, countries such as Indonesia, Brazil and Malaysia are also increasing pepper production and exports, creating competitive pressure for Vietnam. Changes in international trade policies and exchange rates could affect pepper export value.
Experts predict that with limited supply and stable consumption demand, pepper prices in the short term may continue to remain high or increase further. However, farmers and businesses need to pay attention to risk factors to have appropriate business strategies.
 |
| Update world pepper prices on the afternoon of May 2, 2025 |
Forecast of world pepper price tomorrow May 2, 2025, the market maintains an upward momentum.
According to the forecast of world pepper price tomorrow, the market is stable; however, there are still fluctuations in increase and decrease in different countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of May 2, 2025 as follows: the pepper market continues to increase, in which pepper prices in Indonesia continue to increase compared to yesterday's trading session, an increase of 47 - 63 USD/ton; markets in other countries are stable, sideways.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,258 USD/ton; similarly, Muntok white pepper is currently purchased at 9,830 USD/ton.
The Malaysian pepper market remains stable, 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 6,800 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 3, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-352025-di-ngang-385787.html
Comment (0)