Forecast of domestic pepper price tomorrow May 8, 2025, market decrease

Pepper price forecast tomorrow May 8, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price May 8.

Forecast for domestic pepper price tomorrow, May 8, 2025, the market continues to decrease slightly.

Today's pepper price was updated on the afternoon of May 7, 2025 as follows: The domestic pepper market continued to decrease slightly, down from 500 - 1,000 VND/kg compared to yesterday; pepper prices in Dak Lak and Dak Nong remained stable. Currently, the average pepper purchase price in key areas is 153,800 VND/kg.

Specifically, today's pepper price in Gia Lai province fluctuated slightly down, down 500 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 153,000 VND/kg.

Pepper price in Ba Ria - Vung Tau decreased by 1,000 VND/kg compared to the previous trading session, currently pepper is purchased at 153,000 VND/kg.

Pepper prices in Binh Phuoc continued to decrease compared to yesterday, down 1,000 VND/kg, currently the pepper purchasing price in this locality is at 153,000 VND/kg.

Pepper prices in Dak Lak remained stable compared to the previous decrease. Currently, traders are purchasing pepper in this locality at 155,000 VND/kg.

Pepper prices in Dak Nong are stable compared to yesterday's slight decrease. Currently, pepper in this locality is purchased at 155,000 VND/kg.

Domestic pepper prices updated on the afternoon of May 7, 2025

As of May 7, the domestic pepper market continued to decline slightly. However, according to experts, the domestic pepper market is currently stable with high prices, reflecting a balanced supply and demand.

In the short term, pepper prices are forecast to maintain a stable trend, but may be affected by fluctuations in world prices and weather factors in major producing countries.

According to the Import-Export Department (Ministry of Industry and Trade), in April 2025, world pepper prices fluctuated a lot. After decreasing in the first half of the month, pepper prices turned to increase again in the second half of the month, but were still lower than at the end of the previous month. In the domestic market, pepper prices decreased in the first half of April, then increased again in the second half of the month.

Farmers in Dak Nong province harvest pepper

Experts say that recently, pepper prices have increased due to reduced supply after the harvest, along with the psychology of growers holding on to their stocks waiting for prices to increase. Meanwhile, the world market remains stable and remains at a high level, which also continues to create positive momentum for domestic pepper prices. Experts say that if demand from major markets such as the Middle East and Europe increases sharply in the second quarter of 2025, pepper prices may continue to increase.

In other news, not only Vietnam, but also other major producing countries such as Indonesia, India, Sri Lanka and Brazil are witnessing sharp declines in output due to erratic weather, labor shortages and a wave of crop conversion to more profitable varieties.

Update world pepper prices on the afternoon of May 7, 2025

Forecast of world pepper price tomorrow May 8, 2025, the market decreased slightly.

According to the forecast of world pepper price tomorrow, the market is stable, slightly decreasing; however, there are still fluctuations in increase and decrease in countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of May 7, 2025 as follows: the pepper market is stable and flat; however, black pepper prices in Malaysia fluctuated downward, down 100 USD/ton compared to many previous stable trading sessions.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,372 USD/ton; similarly, Muntok white pepper is currently purchased at 9,985 USD/ton.

The Malaysian pepper market remains stable, currently the price of Malaysian ASTA black pepper is purchased at 9,200 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 8, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-852025-thi-truong-giam-386467.html