Forecast of domestic pepper price tomorrow April 6, 2025, slight increase

Pepper price forecast tomorrow April 6, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price April 6.

Domestic pepper prices are forecast to increase slightly tomorrow, April 6, 2025.

Today's pepper prices, updated this afternoon, April 5th, 2025, are as follows: The domestic pepper market reversed its trend and rose sharply compared to yesterday, with an increase of 2,500 - 3,000 VND/kg. Currently, the average purchase price of pepper in key areas is 154,200 VND/kg.

Specifically, today's pepper prices in Gia Lai province reversed course and increased significantly compared to yesterday's trading session, rising by 2,500 VND/kg. Currently, the purchase price of pepper in this locality is 153,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau rebounded after the previous sharp decline, increasing by 3,000 VND/kg, with pepper currently being purchased at 154,000 VND/kg.

Pepper prices in Dak Lak have risen again compared to yesterday, increasing by 3,000 VND/kg, with current purchase prices at 155,000 VND/kg.

Pepper prices in Binh Phuoc are trending upwards after the previous sharp decline, with the current purchase price in the locality being 154,000 VND/kg.

Pepper prices in Dak Nong also fluctuated sharply upwards, increasing by 3,000 VND/kg, with current purchase prices at 155,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 5, 2025.

According to experts, although pepper prices have fallen after the US imposed retaliatory tariffs on other countries, if the supply from major producing countries does not improve soon, the world market could enter a period of shortage – especially given the demand for pepper in the food industry, prices could rise again.

Experts believe the pepper market reacted immediately to the US imposing tariffs on various countries, including a retaliatory tariff of up to 46% on Vietnam. Following the tariff announcement, the domestic pepper market reversed course and plummeted sharply. The next day, the Prime Minister instructed ministries and agencies to implement effective solutions to overcome external shocks, especially in the context of the pandemic and global conflicts.

Furthermore, the export market is in a passive position as the USD index strengthens again following the cautious remarks of the Fed Chairman. At the same time, pressure from a 20-30% reduction in pepper production due to bad weather, coupled with farmers hoarding their goods, has further dampened trading activity.

Farmers in Gia Lai province dry pepper after harvest.

Nevertheless, in the first two months of the year, pepper export value still increased by nearly 49% despite a decline in production. Processed products such as ground black pepper and whole white pepper recorded good growth, helping to maintain the overall industry's value growth momentum.

Experts predict that if production in major producing countries like Vietnam, Indonesia, and Brazil does not recover soon, global pepper prices could remain high. Demand for pepper in the food and spice industries is increasing, which could lead to supply shortages in the near future.

Given this situation, manufacturers and exporters need to closely monitor the situation in order to make timely adjustments to protect their economic interests.

World pepper price update, afternoon of April 5, 2025

The forecast for world pepper prices tomorrow, April 6, 2025, is for prices to remain stable or increase slightly.

According to forecasts, world pepper prices will increase tomorrow, however, there will still be slight fluctuations in price between countries.

The latest update on world pepper prices from the International Pepper Association (IPC) on the afternoon of April 5, 2025 is as follows: the pepper market remains stable, trading sideways and anchored at a high level compared to yesterday's trading session.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,239 USD/ton; similarly, Muntok white pepper is currently purchased at 10,066 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 9,850 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.

Pepper prices in Brazil stabilized after a slight decline in the previous session, with current purchase prices at $6,950 per ton.

The Vietnamese pepper export market remains stable and maintains a high level. Specifically, the export price of Vietnamese black pepper is currently at US$7,100/ton for the 500 g/l variety; US$7,300/ton for the 550 g/l variety; and US$10,100/ton for white pepper.

*The above pepper price forecast is for reference only; the actual official price will be available early tomorrow morning (April 6, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-642025-tang-nhe-381666.html