Pepper price today May 2, 2025, highest in the country 156,000 VND/kg

Domestic pepper prices today - the market remains stable, anchored at a high level

Today's pepper price was updated at 4:30 a.m. on May 2, 2025 as follows: The domestic pepper market remains stable, sideways and anchored at a high level. Currently, the average pepper purchase price in key areas is 155,200 VND/kg.

Specifically, pepper prices today in Gia Lai province are stable after a slight decrease yesterday, currently the local pepper purchasing price is at 154,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau are also on a stable trend, currently pepper is purchased at 155,000 VND/kg.

Pepper prices in Binh Phuoc fluctuated little compared to the previous trading session. Currently, the pepper purchasing price in this locality is at 155,000 VND/kg.

Dak Nong and Dak Lak pepper prices are stable and at a high level. Currently, the pepper purchase price in these two localities is at 156,000 VND/kg.

Giá tiêu hôm nay 2/5/2025, trong nước cao nhất 156.000 đồng/kg

Domestic pepper prices updated on the morning of May 2, 2025

On the morning of May 2, domestic pepper prices remained stable due to the market temporarily suspending trading during the holiday. The world market, after many previous increases, has tended to stabilize and move sideways.

According to experts, with the current upward trend and stable market demand, domestic pepper prices are expected to remain stable or increase slightly in the coming time. In the short term, pepper prices are expected to continue to maintain a slight upward trend, with an increase of 500 to 1,500 VND/kg in key areas.

This is supported by the following factors: Pepper growing area has decreased as farmers have switched to growing other crops such as durian and coffee. In addition, high production costs and adverse weather have affected pepper productivity and growing area. Major consumer markets such as the US, EU and China have increased imports, pushing up pepper prices.

Global pepper output in 2025 is forecast to decrease compared to 2024, marking the fourth consecutive year of decline since 2022. This reflects the fact that pepper is no longer the main crop for many farmers.

Farmers in Gia Lai province harvest pepper.

IPC predicts that global pepper production in 2025 may decrease by 6.1%, while consumer demand continues to increase. Black pepper prices in major exporting countries tend to increase compared to the previous year, creating favorable conditions for producers, but at the same time creating additional cost pressure for importers and processing enterprises.

By the end of the first quarter of 2025, Brazil's pepper exports recorded 23,081 tons, with a turnover of 145.4 million USD, a sharp increase of 25.8% in volume and 130.1% in value over the same period last year. This increase was mainly due to exports to Vietnam increasing 2.2 times in volume and 4.2 times in value over the same period.

Pepper gardens grown in Gia Lai

World pepper prices today - market on the rise.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on May 2, 2025 as follows: the pepper market continues to increase, in which pepper prices in Indonesia continue to increase compared to yesterday's trading session, an increase of 47 - 63 USD/ton; markets in other countries are stable, sideways.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,258 USD/ton; similarly, Muntok white pepper is currently purchased at 9,830 USD/ton.

The Malaysian pepper market remains stable, currently the price of Malaysian ASTA black pepper is purchased at 9,300 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 2, 2025

According to information from China Customs, in the first two months of the year, the country imported a total of 1,230 tons of pepper, equivalent to a value of 8.6 million USD. Compared to the same period last year, the import volume increased 2.3 times, and the value also increased 3.3 times.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-252025-trong-nuoc-cao-nhat-156000-dongkg-385715.html