Pepper price today May 15, 2025, domestic price remains stable

Domestic pepper prices today - the market remains stable.

Today's pepper price was updated at 4:30 a.m. on May 15, 2025 as follows: The market trend continues to stabilize at a high level and is flat 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 is stable, unchanged compared to yesterday's trading session, currently the pepper purchase price in this locality is at 151,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau have a stable trend compared to the previous trading session, currently pepper is purchased at 152,000 VND/kg.

Pepper prices in Binh Phuoc fluctuated little, remaining unchanged compared to yesterday. Currently, the pepper purchasing price in this locality is at 151,500 VND/kg.

Pepper prices in Dak Lak and Dak Nong are stable compared to the previous sharp decline. Currently, traders are purchasing pepper in these two localities at 151,000 VND/kg.

Domestic pepper prices updated on the morning of May 15, 2025

According to experts, although pepper output this year is still limited, domestic purchasing prices have not met farmers' expectations, so they still choose the time to bring it to the market. However, pepper prices this year are still higher than last year, but replanting this crop is not strong because there is no new land or farmers are planting crops with higher economic value.

Business circles believe that from now until the end of the year, supply and demand will remain the most important factor. The global market is still in short supply, which will support pepper prices to increase again in the medium and long term.

Farmers in Gia Lai province dry pepper after harvest.

In the short term, domestic pepper prices are forecast to remain high, ranging from VND150,000 to VND152,000 per kilogram, due to limited supply and stable export demand. Pepper growers need to pay attention to weather conditions and factors affecting output to have appropriate production plans.

Stable consumption demand and limited post-harvest supply may create opportunities for pepper prices to increase slightly in the coming time. However, experts say the domestic market is still lacking the motivation to increase prices, as exports have slowed down and domestic purchasing power has not yet broken through.

Pepper gardens are grown in Gia Lai province.

World pepper prices today - the market continues to move sideways.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on May 15, 2025 as follows: the pepper market continues to be stable and sideways. Particularly, pepper prices in Indonesia tend to increase and decrease alternately; black pepper prices decreased by 85 USD/ton; conversely, white pepper prices increased by 45 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,238 USD/ton; similarly, Muntok white pepper is currently purchased at 9,963 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 15, 2025

The Vietnam Pepper and Spices Association (VPSA) said that in the context of many global fluctuations, the Vietnamese pepper industry needs a more sustainable and flexible development strategy to adapt effectively. For the pepper industry to develop steadily in the future, it is necessary to prioritize a number of specific solutions such as increasing commercial value through improving product quality, enhancing traceability and diversifying revenue sources, especially in intercropping models.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-1552025-trong-nuoc-duy-tri-binh-on-387589.html