Domestic pepper prices today - the market continues to be stable and anchored at a high level.
Today's pepper price was updated at 4:30 a.m. on May 21, 2025 as follows: The domestic market 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 151,600 VND/kg.
Specifically, today's pepper price in Gia Lai province remained stable compared to yesterday's slight decrease, currently the pepper purchase price in this locality is at 150,000 VND/kg.
Pepper prices in Ba Ria - Vung Tau and Binh Phuoc fluctuated little, with a stable trend compared to yesterday. Currently, pepper prices purchased by traders in the two localities are 151,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong have remained stable compared to the previous slight increase. Currently, traders are purchasing pepper in these two localities at 153,000 VND/kg.
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| Domestic pepper prices updated on the morning of May 21, 2025 |
According to experts, domestic purchasing power is still weak, along with farmers' "hoarding" mentality and traders' caution, making it difficult for domestic prices to increase significantly. Some forecasts suggest that prices will only fluctuate slightly within the range of 150,000 - 152,000 VND/kg in the short term, but the medium and long-term recovery prospects still show positive signs.
Notably, China - a market that had stagnated - has started buying again, although the volume is still limited. According to forecasts, pepper exports in the second quarter and in the coming time will face many difficulties due to financial pressure on exporters and importers.
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| Farmers in Gia Lai province dry pepper after harvest. |
It is forecasted that from now until the end of the year, the supply and demand factors will continue to play a key role in regulating the market. In fact, the global pepper supply is still in short supply, which is expected to be a positive signal to help pepper prices not drop too low in the medium and long term.
In the context of competitors to Vietnamese pepper, Indonesia is striving to consolidate its position as the world's leading spice producer, with the government constantly promoting the targeted development of key crops such as pepper. In 2025, the Indonesian Ministry of Agriculture has identified pepper as the main focus of its spice growing area development program.
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| Pepper gardens grown in Gia Lai |
World pepper prices today - market fluctuates.
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on May 21, 2025 as follows: The pepper market fluctuates between countries. In particular, Indonesian pepper prices continue to fluctuate, increasing by 22 - 30 USD/ton; on the contrary, after a period of little fluctuation and stability, pepper prices in Brazil suddenly decreased sharply, decreasing by 150 USD/ton.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,301 USD/ton; similarly, Muntok white pepper is currently purchased at 10,051 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.
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| Update world pepper prices on the morning of May 21, 2025 |
Experts also recommend that this is the time for the Vietnamese pepper industry to improve its pepper growing and processing capacity to affirm its position in the international arena.
Source: https://congthuong.vn/gia-tieu-hom-nay-2152025-thi-truong-tang-giam-dan-xen-388513.html
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