Pepper price today April 28, 2025 in domestic market
Pepper prices today in some key growing areas remained unchanged compared to yesterday. Accordingly, the domestic pepper price level is from 154,500 VND/kg to 156,000 VND/kg.
In the Central Highlands region, pepper price today in Dak Lak remained unchanged compared to yesterday, currently at 156,000 VND/kg.
Pepper price today in Gia Lai is unchanged compared to yesterday, currently at 154,500 VND/kg.
Pepper price today in Dak Nong is unchanged compared to yesterday, currently at 156,000 VND/kg.
In the Southeast region, pepper prices today in Ba Ria - Vung Tau are currently at 155,000 VND/kg, unchanged from yesterday. Dong Nai is unchanged from yesterday at 155,000 VND/kg.
In addition, pepper price today in Binh Phuoc is unchanged compared to yesterday, currently at 155,000 VND/kg.
Thus, to summarize last week, although domestic pepper prices fluctuated up and down on some days, in general they did not change much compared to last week.
Specifically, last week, only pepper price in Gia Lai decreased by 500 VND/kg. Meanwhile, pepper price in other provinces and cities remained unchanged.
According to the Vietnam Pepper and Spices Association (VPSA), global pepper output is expected to continue to decline in 2025 in countries such as India, Indonesia and Sri Lanka.
The main reasons are low economic profits, unfavorable weather conditions and high production costs. IPC forecasts that world pepper production will decrease by 6.1%, while consumption demand will continue to increase, helping pepper prices remain high throughout 2025.
In Brazil, pepper output in 2025 is estimated at 85,000-90,000 tons, up from 75,000 tons in 2024. The average export price of Brazilian black pepper reached 6,299 USD/ton in the first quarter, up 82.8% year-on-year, but down slightly by 2.7% compared to the fourth quarter of 2024.
Indonesia also recorded a 6% increase in pepper production to 69,000 tons in 2024, but is expected to decline by 8.7% in 2025 due to weather difficulties. Indonesia's average FOB black pepper price in the first quarter reached $7,201/ton, up 80% year-on-year and 7% quarter-on-quarter. White pepper price reached $9,807/ton, also up 59% year-on-year and 8% quarter-on-quarter in 2024, due to reduced inventories.
In India, pepper production in 2025 is expected to decline by about 38% to about 78,000 tonnes due to reduced acreage and adverse weather in Karnataka. India’s FOB black pepper export price in Q1/2025 averaged $7,813/tonne, up 16% year-on-year, the lowest increase among major producing countries.
Malaysia recorded the strongest price increase in the first quarter of 2025. Black pepper export prices increased by 89% compared to the same period last year and increased by 9% compared to the fourth quarter of 2024. White pepper prices also increased by 62% compared to the first quarter of 2024.
Pepper price today April 28 in the world market
In the world market, based on quotes from exporting enterprises and export prices in various countries, the International Pepper Association (IPC) has updated the prices of all types of pepper traded in the international market on April 26 (local time) as follows:
Indonesia’s Lampung black pepper price remained unchanged from yesterday at $7,126/ton. Meanwhile, Muntok white pepper price remained unchanged from yesterday at $9,643/ton (up 0.32%).
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $6,900/mt.
Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,300/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 6,800 USD/ton; 550 gr/l reached 6,900 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,800/ton.
Source: https://baonghean.vn/gia-tieu-hom-nay-28-4-2025-chot-tuan-giam-nhe-10296097.html
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