Pepper price today April 29, 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.
According to the Vietnam Pepper and Spices Association (VPSA), global pepper output is expected to continue to decline in 2025. The main reasons are low economic profits, unfavorable weather and high production costs.
In Vietnam, experts say that if there is no short-term boom in export orders, domestic pepper prices will mainly fluctuate slightly around 154,000 - 157,000 VND/kg before the April 30 holiday.
Besides, logistics costs and exchange rate fluctuations make export enterprises more cautious when signing new contracts.
News of the US imposing reciprocal tariffs caused pepper prices to drop sharply in early April, but prices quickly recovered, helping people feel secure in production.
Although pepper prices are higher this year than last year, the expansion of pepper growing areas is still slow. The reason is that there is not much new land left and farmers prioritize growing crops with higher economic value, so the pepper growing area in 2025 is unlikely to increase significantly.
The International Pepper Community (IPC) forecasts that global production will decrease by 6.1% while demand will continue to increase, helping pepper prices remain high throughout 2025.
In the first quarter of 2025, black pepper prices in many countries recorded a sharp increase compared to the same period in 2024. The main reason came from the decrease in output and increased market demand.
Pepper price today April 29 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:
Indonesian Lampung black pepper prices remained unchanged from yesterday at $7,126 per tonne. Meanwhile, Muntok white pepper prices remained unchanged from yesterday at $9,643 per tonne.
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-29-4-2025-du-bao-o-duoi-160-000-dong-truoc-nghi-le-30-4-10296168.html
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