Pepper prices today, March 12, 2025: online pepper prices, pepper prices in Dak Lak, Dak Nong, Binh Phuoc, and Gia Lai.
Domestic coffee prices remained stable or decreased slightly.
Today's pepper prices, updated at 4:30 AM on March 12, 2025, are as follows: Domestic pepper prices remained stable, with little change compared to yesterday, except for a slight decrease of 500 VND/kg in Dak Lak . The current average purchase price of pepper in key producing areas is 157,900 VND/kg.
Specifically, today's pepper prices in Gia Lai province remain stable compared to yesterday, with the current purchase price at 157,000 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau and Binh Phuoc remained stable, with the current purchase price at 157,000 VND/kg in both localities.
Specifically, the price of pepper in Dak Lak province decreased slightly, by 500 VND/kg, with the current price in this locality at 158,500 VND/kg.
Pepper prices in Dak Nong province have decreased compared to yesterday, by 800 VND/kg, with the current purchase price being 158,500 VND/kg.
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| Domestic pepper prices updated on the morning of March 12, 2025. |
According to the Vietnam Pepper and Spice Association (VPSA), there are currently about 200 businesses operating in the pepper processing and trading sector nationwide. Of these, the top 15 businesses account for up to 70% of exports. The Vietnamese pepper industry currently has 14 deep processing plants, with the participation of 5 foreign companies, holding nearly 30% of the export market share.
Vietnamese pepper processing technology has met the standards of major markets worldwide. Many businesses have invested in modern processing plants, adhering to international standards such as ASTA, ESA, and JSSA, helping to diversify products. Product lines include whole black pepper, whole white pepper, ground pepper, and packaged pepper, meeting global consumer demand.
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| Farmers in Dak Nong province tend to their pepper gardens. |
Experts believe that increased supply from the new harvest combined with weak international demand are the main reasons putting downward pressure on the market. Despite this, farmers and distributors continue to hold onto their stock instead of selling, reducing trading volume.
Currently, pepper inventories in Vietnam and worldwide are nearing their lowest levels. Therefore, experts predict that pepper prices will remain high and gradually increase in 2025. The two main markets for pepper consumption globally remain the US and China, which are also the two markets where Vietnamese pepper is being primarily targeted.
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| Pepper plantations are grown in Dak Nong province. |
World pepper prices remained stable today, with mixed increases and decreases in Indonesia.
The latest update on world pepper prices from the International Pepper Association (IPC) at 4:30 AM on March 12, 2025 is as follows: the market remains stable, unchanged compared to yesterday; however, pepper prices in Indonesia show mixed increases and decreases between Lampung black pepper and Muntok white pepper.
Specifically, IPC lists the price of Indonesian Lampung black pepper at $7,264/ton (down $112/ton); conversely, the price of Muntok white pepper is currently being purchased at $10,251/ton (up $9/ton).
The Malaysian pepper market stabilized after the previous price increase, with Malaysian ASTA black pepper currently being purchased at US$9,800/tonne and ASTA white pepper at US$12,300/tonne.
Pepper prices in Brazil have risen slightly after a relatively long period of stability, with current purchase prices reaching $6,900 per ton.
The Vietnamese pepper export market is stable and showing a slight increase. Specifically, the export price of Vietnamese black pepper is currently at US$7,000/ton for the 500 g/l variety; US$7,200/ton for the 550 g/l variety; and US$10,000/ton for white pepper.
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| World pepper price update today, March 12, 2025 |
As of the first two months of 2025, the US remained Vietnam's largest export market with 5,890 tons, accounting for 21.5% of market share, despite a 32.7% decrease. China's imports increased sharply, reaching 1,523 tons, an 86.6% increase.
Source: https://congthuong.vn/gia-tieu-hom-nay-1232025-giam-nhe-neo-o-muc-cao-377810.html
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