Forecast for domestic pepper price tomorrow, May 4, 2025, the market will be flat and decrease slightly.
Today's pepper price was updated on the afternoon of May 3, 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.
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| Domestic pepper prices updated on the afternoon of May 3, 2025 |
Experts predict that domestic pepper prices tomorrow will remain stable or decrease slightly, fluctuating between 154,000 - 156,000 VND/kg, depending on supply and demand and purchasing needs from export enterprises.
Pepper prices have slightly decreased as a result of increased domestic supply during the harvest season, combined with sluggish international demand in the short term.
However, with global supply tightening and long-term demand positive, this decline is likely to be temporary, with the market likely to stabilize or rebound if export orders pick up in May/June 2025.
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| Farmers in Dak Nong province harvest pepper |
Meanwhile, the global pepper market is showing clear signs of recovery both domestically and internationally. Domestic pepper prices are stable at high levels, while the world market shows a slight upward trend thanks to sustainable demand from the US and Europe, the two main consuming regions.
However, export activities in the second quarter of 2025 may face many challenges. High pepper prices make international transactions more cautious, especially when importing enterprises consider cost pressures. In addition, the risk of adjusting tax policies from the US further narrows long-term orders.
Global supplies are tightening. Vietnam, one of three major exporters along with India and Indonesia, is expected to see a 2% drop in output compared to last year. Meanwhile, India’s output could plunge by as much as 25% due to extreme weather. In Vietnam, the 2025 pepper harvest is nearing its end, delayed compared to previous years due to prolonged drought, which has significantly affected output.
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| Update world pepper prices on the afternoon of May 3, 2025 |
Forecast of world pepper price tomorrow May 4, 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 3, 2025 as follows: the pepper market continued to increase, in which pepper prices in Indonesia continued to increase, increasing from 82 - 111 USD/ton compared to yesterday's trading session; markets in other countries were stable, sideways.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,340 USD/ton; similarly, Muntok white pepper is currently purchased at 9,941 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 4, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-452025-giam-nhe-385865.html
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