Pepper price today January 29, 2025, highest in the country 48,200 VND/kg

Pepper price today January 29, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price January 29.

Domestic pepper price today

Today's pepper price was updated at 4:30 a.m. on January 29, 2025 as follows: The domestic pepper market remains stable, with little fluctuation and anchored at high prices after the Lunar New Year holidays of At Ty in 2025. Currently, the highest pepper price in key markets is 148,200 VND/kg.

Specifically, pepper prices today in Gia Lai province remained stable and were purchased at 147,500 VND.

Pepper prices in Ba Ria - Vung Tau province continue to remain stable, but are still low compared to the whole country, the current purchase price is 147,000 VND/kg; similarly, pepper prices in Binh Phuoc remain stable compared to the previous trading session, currently the pepper purchase price is 147,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong are currently at a fairly high level, with the current purchase price of pepper in these two localities at 148,200 VND/kg.

Domestic pepper price updated on January 29, 2025

According to the Vietnam Industry and Trade Information Center (VITIC), the pepper harvest in Vietnam will begin after the Lunar New Year 2025 and last until the end of April 2025.

Currently, Vietnam and Brazil still maintain their leading positions in pepper exports, while Indonesia increases exports. However, pepper output in 2025 may not increase sharply due to reduced planting areas in some localities.

Vietnam's pepper exports in 2025 are expected to face both opportunities and challenges, with pepper prices depending on consumption from major markets such as the US and China.

According to VITIC, in the first 11 months of 2024, China's official pepper imports reached 9,669 tons, up 15.1% over the same period, of which imports from Indonesia increased sharply by 41.7% and imports from Vietnam increased slightly by 3.8%.

Farmers in Dak Nong province take care of their pepper gardens.

According to the Import-Export Department (Ministry of Industry and Trade), Vietnam's "black gold" exports are currently facing many opportunities but also many challenges.

Among them, the biggest risk is pesticide residue, followed by environmental factors, carbon emission reduction, sustainable farming models, sustainable intercropping models... or social challenges such as child labor, gender equality...

This is a long-term problem that cannot be solved overnight. However, it cannot be delayed. The most important thing is to promote the connection between farmers and businesses, cultivation and processing with effective support from associations, localities and relevant ministries and branches.

Lush green pepper gardens, full of fruit in Dak Nong province

World pepper price today

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on January 29, 2025 as follows: the pepper market continues to be stable and is anchored at a high level.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,157 USD/ton; similarly, Muntok white pepper is currently purchased at 9,456 USD/ton.

The Malaysian pepper market continues to remain stable and at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,000 USD/ton and the price of ASTA white pepper is at 11,600 USD/ton.

Pepper prices in Brazil have stabilized after many previous declines. Currently, the pepper purchase price in Brazil is at 6,150 USD/ton.

The export market for Vietnamese pepper continues to be stable and slightly increasing. Specifically, the export price of Vietnamese black pepper is currently at 6,350 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l; the price of white pepper is at 9,550 USD/ton.

Update world pepper prices today January 29, 2025

According to statistics, in 2024, Brazil is the country that recorded the highest decrease in pepper output with about 29% equivalent to 28,000 tons, from 98,000 tons in 2023 to 70,000 tons. The sharp decrease in pepper output in Brazil is due to the impact of climate change, especially drought leading to lack of irrigation water.

In Vietnam, pepper output will decrease from 195,000 tons in 2023 to 180,000 tons in 2024.

According to the Vietnam Pepper and Spices Association (VPSA), global pepper prices in 2025 are expected to remain high due to a decrease in supply, while demand in major markets such as the US and Europe remains stable.

Source: https://congthuong.vn/gia-tieu-hom-nay-2912025-trong-nuoc-cao-nhat-48200-dongkg-371544.html