Domestic pepper prices today - sideways, stable.
Today's pepper price was updated at 4:30 a.m. on April 29, 2025 as follows: The domestic pepper market is stable and unchanged compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.
Specifically, today's pepper price in Gia Lai province is stable and unchanged compared to yesterday, currently the pepper purchase price in this locality is at 154,500 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau have a stable trend, currently pepper is purchased at 155,000 VND/kg.
Pepper prices in Binh Phuoc fluctuated little compared to the previous trading session. Currently, the pepper purchasing price in this locality is at 155,000 VND/kg.
Dak Nong and Dak Lak pepper prices are stable and at a high level. Currently, the pepper purchase price in these two localities is at 156,000 VND/kg.
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| Domestic pepper prices updated on the morning of April 29, 2025 |
Experts say that the sideways and stable pepper prices in recent days are the result of a balance between limited supply and stable demand, along with producers’ strategies to hold onto their stocks. It is expected that, if there are no unexpected factors, this trend may continue in the short term.
In the short term, pepper prices may continue to remain high or increase slightly. Pepper prices are forecast to reach over VND200,000/kg in 2025, due to continued decline in supply and high demand. However, the market also faces risks from exchange rate fluctuations and the global economic situation.
Currently, if there are no major fluctuations in supply or demand, pepper prices tomorrow may fluctuate in the range of VND155,000–157,000/kg. Farmers should consider appropriate sales strategies, avoiding dumping during the harvest season to take advantage of higher prices.
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| Farmers in Gia Lai province harvest pepper. |
According to the Vietnam Pepper and Spice Association (VPSA), prolonged drought in the first months of 2025 has significantly affected pepper production in the Central Highlands and Southeastern provinces.
Faced with this situation, farmers need solutions to maintain good plant growth and ensure productivity, including applying drip irrigation technology to save water, using covering materials to keep the soil moist and reduce evaporation...
Vietnam's pepper harvest is at its peak and is expected to last until the end of April 2025. The news of the US's reciprocal tariffs caused pepper prices to drop sharply in early April 2025, but soon after, they rose back to their previous levels, helping people feel secure in production.
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| Lush green pepper gardens are grown in Gia Lai |
World pepper prices today - the market remains stable.
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on April 29, 2025 as follows: the pepper market continues to have a stable and sideways trend.
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 29, 2025 |
Although pepper prices have increased compared to last year, pepper replanting has not been strong in the provinces due to the lack of new land or farmers planting crops with higher economic value than pepper, so it is expected that the production area will be difficult to increase in 2025.
Source: https://congthuong.vn/gia-tieu-hom-nay-2942025-trong-nuoc-thi-truong-di-ngang-385342.html
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