Domestic pepper prices today - market down.
Today's pepper price was updated at 4:30 a.m. on April 27, 2025 as follows: The domestic pepper market turned to decrease, down 1,000 VND/kg compared to yesterday. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.
Specifically, today's pepper price in Gia Lai province fluctuated downward, down 1,000 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 154,500 VND/kg.
Pepper prices in Ba Ria - Vung Tau are also on a downward trend, currently pepper is purchased at 155,000 VND/kg.
Pepper price in Binh Phuoc has decreased compared to yesterday, down 1,000 VND/kg, currently the pepper purchase price in this locality is at 155,000 VND/kg.
Dak Nong and Dak Lak pepper prices also decreased by 1,000 VND/kg compared to yesterday's trading session. Currently, the pepper purchasing price in these two localities is at 156,000 VND/kg.
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| Domestic pepper prices updated on the morning of April 27, 2025 |
According to analysts, the main reason for the drop in pepper prices is the caution of exporters and the "waiting for the bottom" mentality of sellers, leading to a tug-of-war in the market. Many farmers and businesses are currently "hoarding" their goods, expecting prices to increase further in the near future.
The pepper market is currently in a tug-of-war between supply and demand. Despite limited supply, cautious sentiment among sellers and reticence among exporters are creating temporary price stability. In the short term, pepper prices may remain at current levels or increase slightly, depending on supply-demand developments and market sentiment.
According to experts, pepper prices may remain stable or increase slightly in the coming time, depending on supply and demand and market sentiment. If the hoarding continues, supply to the market will be limited, which may create upward pressure on prices. However, if exporters decide to increase purchases to meet demand from major markets such as the US, EU and the Middle East, prices may increase rapidly.
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| Farmers in Dak Nong province harvest pepper |
The Vietnam Pepper and Spice Association (VPSA) informed that although pepper prices have increased compared to last year, pepper replanting has not been strong in localities because there is no new land or farmers are growing crops with higher economic value than pepper, so it is expected that the production area will be difficult to increase in 2025.
Exports in the second quarter of 2025 and the coming time are expected to continue to face difficulties due to high prices, so exporters and importers are under financial pressure. At the same time, US tax policies may change, so orders signed for long-term delivery will be limited at the present time.
To maintain export volume, businesses need to boost exports to the EU, India, and the Middle East as well as increase investment in deep processing and brand building.
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| Pepper gardens grown in Dak Nong |
World pepper prices today - stable market.
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on April 27, 2025 as follows: the pepper market tends to be stable and sideways.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,126 USD/ton; similarly, Muntok white pepper is currently purchased at 9,643 USD/ton.
The Malaysian pepper market remained stable after many previous declines. 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 6,900 USD/ton.
The Vietnamese pepper market continues to move sideways and stabilize. 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 27, 2025 |
According to the latest data from the Vietnam Pepper and Spice Association (VPSA), in the first half of April 2025 alone, Vietnam exported 10,413 tons of pepper, bringing in a turnover of 72 million USD.
Source: https://congthuong.vn/gia-tieu-hom-nay-2742025-thi-truong-trong-nuoc-giam-385052.html
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