Pepper price today May 16, 2025: Mixed increase and decrease

Pepper price today May 16, 2025 in domestic market

Pepper prices today in some key growing areas fluctuated compared to yesterday. Accordingly, the domestic pepper price level is from 151,000 VND/kg to 152,000 VND/kg.

In the Central Highlands region, pepper price today in Dak Lak increased by 1,000 VND/kg compared to yesterday, currently at 152,000 VND/kg.

Pepper price today in Gia Lai is unchanged compared to yesterday, currently at 151,000 VND/kg.

Pepper price today in Dak Nong increased by 1000 VND/kg compared to yesterday, currently at 152,000 VND/kg.

In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 151,000 VND/kg, down 1000 VND/kg compared to yesterday. Dong Nai decreased 1000 VND/kg compared to yesterday at 151,000 VND/kg.

In addition, pepper price today in Binh Phuoc decreased by 500 VND/kg compared to yesterday, currently at 151,000 VND/kg.

Pepper price today May 16 in the world market

In the world market, based on quotes from export enterprises and export prices in countries, the International Pepper Association (IPC) updated the prices of pepper of all types traded in the international market on May 15 (local time) as follows:

Indonesian Lampung black pepper prices increased slightly compared to yesterday at USD 7,252/ton (up 0.19%). In addition, Muntok white pepper prices increased slightly compared to yesterday at USD 9,983/ton (up 0.2%).

Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $6,800/mt.

Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,200/ton. Meanwhile, the country’s ASTA white pepper price remained stable from yesterday at $11,900/ton.

Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of 500 gr/l black pepper in Vietnam reached 6,700 USD/ton; 550 gr/l reached 6,800 USD/ton.

Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,700/ton.

The Import-Export Department (Ministry of Industry and Trade) said that based on supply and demand factors, many industry experts predict that pepper prices may increase slightly from mid-May to early June 2025.

This is because businesses are finalizing delivery contracts for the second quarter. In addition, some markets such as Europe and the Middle East are boosting imports to serve the holidays and tourist season.

World pepper prices are also likely to recover if supplies from Brazil are unfavorable due to weather. However, the expected increase is not large, only about 500 to 1,000 VND/kg and depends largely on exchange rates and logistics costs.

In the international market, since the beginning of May 2025, pepper prices have fluctuated by country. Pepper prices in Indonesia have increased, while prices in Vietnam, Brazil and Malaysia have decreased compared to the beginning of April. Only Brazil has kept prices stable.

According to data from the General Department of Customs, in April 2025, Vietnam exported 26,430 tons of pepper worth 184.14 million USD, up more than 31% in both volume and value compared to the previous month. Compared to the same period in 2024, output increased by 0.7% but value increased sharply by 58.3%.

In the first four months of the year, Vietnam exported 73,650 tons of pepper, earning 508.36 million USD. Although output decreased by 11.3% compared to the same period last year, the value increased by 44.4%, reflecting the trend of significantly higher export prices.

In April, the average pepper export price reached 6,968 USD/ton, down slightly by 0.5% compared to March but up 57.1% compared to April last year. The average export price in the first 4 months of the year reached 6,903 USD/ton, up sharply by 62.7% compared to the same period in 2024.

The US continues to be Vietnam's largest pepper export market with 17,800 tons in 4 months, but down 22% compared to the same period last year. Some other markets also recorded decreases such as UAE down 16.5%, Netherlands down 46%, Philippines down 25%.

In contrast, pepper exports to Germany and the UK increased sharply. Germany increased by 21% and the UK increased by 22.7% compared to the same period in 2024, showing positive signs in some European markets.

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Source: https://baonghean.vn/gia-tieu-hom-nay-16-5-2025-tang-giam-trai-chieu-10297389.html