Domestic pepper prices today - the market is rising again.
Today's pepper price was updated at 4:30 a.m. on April 25, 2025 as follows: The domestic pepper market suddenly increased after many previous stable and sideways sessions, an increase of 1,500 - 2,000 VND/kg compared to yesterday's transaction. Currently, the average pepper purchase price in key areas is 156,300 VND/kg.
Specifically, pepper prices today in Gia Lai province increased again, an increase of 1,500 VND compared to yesterday, currently the pepper purchasing price in this locality is at 155,500 VND/kg.
Pepper prices in Ba Ria - Vung Tau also turned around and increased sharply, up 2,000 VND/kg compared to the previous trading session, currently pepper is purchased at 156,000 VND/kg.
Pepper prices in Binh Phuoc also increased sharply, increasing by 2,000 VND/kg, currently the pepper purchasing price in this locality is at 156,000 VND/kg.
Dak Nong and Dak Lak pepper prices have also increased sharply compared to many previous flat sessions, an increase of 2,000 VND/kg, currently the pepper purchase price in these two localities is at 157,000 VND/kg.
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| Domestic pepper prices updated on the morning of April 25, 2025 |
According to experts, the sharp increase in pepper prices is considered to be the result of limited supply after harvest, combined with farmers' psychology of hoarding goods and waiting for prices to rise. Meanwhile, stable world prices at high levels continue to create positive momentum for the domestic market.
Domestically, pepper production is being greatly affected by the weather. Prolonged drought in the first months of 2025 has negatively impacted major pepper growing areas in the Central Highlands and the Southeast.
While output shows signs of decline, domestic pepper prices remain high, providing peace of mind to growers. Vietnam is currently entering the peak harvest period, expected to last until the end of April 2025.
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| Farmers in Dak Nong province harvest pepper |
In the coming time, if demand from major markets such as the Middle East and Europe increases sharply in the second quarter, the market may continue to receive new price increases, especially in localities with good pepper quality such as Dak Lak and Dak Nong.
Although high prices are a positive signal for pepper growers, they create many difficulties for export enterprises. VPSA forecasts that in the second quarter, export activities may face many challenges due to high prices reducing purchasing power and affecting the financial capacity of import partners.
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| Pepper gardens grown in Dak Nong |
World pepper prices today - market down.
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on April 25, 2025 as follows: the pepper market tends to decrease. In particular, pepper prices in Indonesia continued to decrease slightly compared to yesterday's trading session; pepper prices in Malaysia turned to decrease sharply after many days of sideways movement, the decrease was from 200 - 300 USD/ton; pepper prices in other countries were stable.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,102 USD/ton; similarly, Muntok white pepper is currently purchased at 9,612 USD/ton.
The Malaysian pepper market has turned down sharply after many previous stable and sideways sessions. 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 unchanged compared to yesterday's increase, currently at $6,900/ton.
Vietnam's pepper market continues to move sideways and stabilize compared to the previous high session. Currently, the export price of Vietnamese black pepper is at 6,800 USD/ton for 500 g/l; 550 g/l is at 6,900 USD/ton and the price of white pepper is at 9,800 USD/ton.
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| Update world pepper prices on the morning of April 25, 2025 |
According to data from the Vietnam Pepper and Spices Association (VPSA), in the first quarter of 2025, Vietnam's pepper exports to China reached 2,034 tons, a sharp increase of 87.8% over the same period last year.
The sharp increase in pepper exports to China shows that the country is running out of pepper reserves. However, exports are still limited due to China's tightening control of goods crossing the border. If traveling by sea, the high cost makes many Chinese importers reluctant to implement orders.
Source: https://congthuong.vn/gia-tieu-hom-nay-2542025-trong-nuoc-tang-cao-tro-lai-384737.html
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