Pepper price today 5/11/2025, domestic price decreased sharply

Domestic pepper prices today - the market fell sharply.

Today's pepper price was updated at 4:30 a.m. on May 11, 2025 as follows: The domestic pepper market suddenly turned sharply down, down 1,500 - 4,000 VND/kg compared to the previous trading session. Currently, the average pepper purchase price in key areas is 151,300 VND/kg.

Specifically, today's pepper price in Gia Lai province turned down sharply compared to yesterday's trading session, down 2,000 VND/kg, currently the pepper purchase price in this locality is at 151,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also decreased by 1,000 VND/kg compared to the previous trading session, currently pepper is purchased at 152,000 VND/kg.

Pepper price in Binh Phuoc also decreased by 1,500 VND/kg, currently the pepper purchasing price in this locality is at 151,500 VND/kg.

Pepper prices in Dak Lak and Dak Nong have fluctuated sharply, down 4,000 VND/kg compared to yesterday. Currently, traders are purchasing pepper in these two localities at 151,000 VND/kg.

Domestic pepper prices updated on the morning of May 11, 2025

On the morning of May 11, the domestic pepper market suddenly decreased sharply compared to previous sideways and high sessions.

According to experts, after the US announced the reciprocal tax rate, the Vietnamese pepper market is facing price competition with pepper from Brazil and Indonesia because their reciprocal tax rates are lower. This is a big challenge that Vietnamese pepper has to face in the long term.

However, the business community hopes that the world pepper market has remained stable and high in recent times, which will continue to create positive momentum for domestic pepper prices. 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.

Farmers dry pepper after harvest

In the context of volatile trade, Vietnamese export enterprises are also proactively diversifying markets to reduce dependence on a few traditional partners.

According to the Vietnam Pepper and Spices Association (VPSA), pepper exports in the first months of 2025 decreased in volume but increased sharply in value thanks to increased export prices, showing the proactive diversification of markets and search for new customers in other markets such as Europe, Asia, the Middle East, etc. of Vietnamese enterprises.

According to preliminary data from the Vietnam Pepper and Spices Association (VPSA), in the first four months of 2025, Vietnam imported a total of 15,374 tons of pepper, of which black pepper accounted for 11,750 tons and white pepper reached 3,624 tons, with a total import value of up to 88.3 million USD. Compared to the same period in 2024, the import volume increased by 25.3% and the turnover increased significantly by 104.8%.

Of which, pepper was mainly imported from Brazil with 8,155 tons (up 33.1%), Indonesia with 4,288 tons (up 207.8%) and Cambodia with 1,906 tons (down 49.3%).

Pepper gardens grown in Gia Lai province

World pepper prices today - sideways market.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on May 11, 2025 as follows: the pepper market is stable, moving sideways after fluctuations in previous trading sessions.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,323 USD/ton; similarly, Muntok white pepper is currently purchased at 9,918 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.

Update world pepper prices on the morning of May 11, 2025

In the first 4 months of 2025, Vietnam imported a total of 15,374 tons of pepper, of which black pepper accounted for 11,750 tons and white pepper reached 3,624 tons, with a total import value of up to 88.3 million USD. Compared to the same period in 2024, the import volume increased by 25.3% and the turnover increased significantly by 104.8%.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-1152025-trong-nuoc-giam-manh-386999.html