Forecast of domestic pepper price tomorrow, May 9, 2025, slight increase

Pepper price forecast tomorrow May 9, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price May 9.

Forecast of domestic pepper price tomorrow, May 9, 2025, the market will increase slightly.

Today's pepper price was updated on the afternoon of May 8, 2025 as follows: The domestic pepper market is stable and sideways after many previous declines. Currently, the average pepper purchase price in key areas is 153,800 VND/kg.

Specifically, today's pepper price in Gia Lai province is stable and unchanged compared to yesterday's slight decrease. Currently, the pepper purchase price in this locality is at 153,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau are stable, with little fluctuation compared to the previous trading session. Currently, pepper is purchased at 153,000 VND/kg.

Pepper prices in Binh Phuoc are stable compared to yesterday, currently the local pepper purchase price is at 153,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong remain stable, moving sideways for many consecutive sessions. Currently, traders are purchasing pepper in these two localities at 155,000 VND/kg.

Domestic pepper prices updated on the afternoon of May 8, 2025

According to experts, the sideways price of pepper reflects the cautious sentiment of businesses and traders in the context of the market looking for new signals from domestic consumption and export demand in major markets.

In the world market, pepper prices have not fluctuated much, many countries have stable prices, except for the Indonesian market which has decreased again.

In the medium and long term, pepper prices are expected to remain high thanks to stable demand from major consumer markets such as the US, EU, and the Middle East, along with supply showing no signs of increasing strongly again.

According to data from the Customs Department, in the first 4 months of 2025, Vietnam exported 73,647 tons of pepper, earning 508.36 million USD. Although output decreased by 11.3% compared to the same period in 2024, the value increased sharply by 44.4% due to the average export price of pepper in the 4 months reaching 6,903 USD/ton, an increase of 62.7%. In April 2025 alone, pepper price reached 6,968 USD/ton, down slightly by 0.5% compared to the previous month but still 57.1% higher than the same period last year.

Farmers in Gia Lai province dry pepper after harvest.

The Import-Export Department (Ministry of Industry and Trade) said that world pepper prices fluctuated quite strongly in April: after decreasing in the first half of the month, prices recovered at the end of the month, although they were still lower than the end of the previous month.

According to the Import-Export Department, pepper prices increased due to a decrease in supply after the harvest and farmers holding onto their stocks waiting for higher prices. Meanwhile, the world market remained stable at a high level, creating momentum to push up domestic prices. Experts said that if demand from major markets such as the Middle East and Europe continues to increase strongly in the second quarter of 2025, pepper prices could continue to climb.

Update world pepper prices on the afternoon of May 8, 2025

Forecast of world pepper price tomorrow May 9, 2025, the market is stable, sideways.

According to the forecast of world pepper price tomorrow, the market will fluctuate little; however, there will still be fluctuations in increase and decrease in different countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of May 8, 2025 as follows: pepper markets in many countries are stable; however, black pepper prices in Indonesia fluctuated downward, down from 50 - 68 USD/ton compared to many previous stable trading sessions.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,322 USD/ton; similarly, Muntok white pepper is currently purchased at 9,917 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 9, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-952025-tang-nhe-386642.html