Forecast for domestic pepper price tomorrow, May 6, 2025, the market will be flat and decrease slightly.
Today's pepper price was updated on the afternoon of May 5, 2025 as follows: The domestic pepper market was flat and slightly decreased; in which pepper price in Dak Lak decreased by 1,000 VND/kg, pepper price in Dak Nong decreased by 500 VND/kg. Currently, the average pepper purchase price in key areas is 154,900 VND/kg.
Specifically, pepper prices today in Gia Lai province remained stable after a slight decrease in the previous session, currently the pepper purchasing price in this locality 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.
Pepper price in Dak Lak decreased by 1,000 VND/kg, currently traders buy pepper in this locality at 155,000 VND/kg.
Pepper prices in Dak Nong also fluctuated downward, down 500 VND/kg compared to yesterday, currently pepper in this locality is purchased at 155,000 VND/kg.
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| Domestic pepper prices updated on the afternoon of May 5, 2025 |
According to statistics, in April 2025, domestic pepper prices decreased by about 4,000 - 5,000 VND/kg due to the impact of US tariff policies. However, the current price is still 57 - 59% higher (56,500 - 58,000 VND/kg) than the same period last year.
Regarding world pepper prices, the pepper market fluctuated strongly last week. Of which, Indonesian pepper prices increased sharply by 3.09%; while Brazilian black pepper and Vietnamese pepper exports decreased by more than 1%. Meanwhile, Malaysian pepper prices continued to remain unchanged compared to last week.
Experts say that in the short term, pepper prices are expected to remain high due to limited supply and stable demand. However, prices may be under downward pressure if there is a recovery in supply from other producing countries or changes in consumption demand.
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Currently, the global pepper supply is facing many challenges. According to the Vietnam Pepper and Spice Association (VPSA), although pepper prices have increased compared to last year, replanting activities in key provinces are still slow. The reason is that there is not much new land left, while farmers are shifting to growing crops that are more economically efficient such as durian and coffee.
In Vietnam, the world’s leading pepper exporter, the 2025 harvest has largely ended. Pepper output is forecast to decline, further tightening domestic supply.
In terms of consumption, the Asia-Pacific region continues to dominate production and exports, with key countries including India, Vietnam and Indonesia. Meanwhile, Europe and North America remain the largest import markets.
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| Update world pepper prices on the afternoon of May 5, 2025 |
Forecast of world pepper price tomorrow May 6, 2025, stable market.
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 5, 2025 as follows: the pepper market is stable, sideways compared to the previous trading session.
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 6, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-652025-giam-nhe-386080.html
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