Pepper price today 5/5/2025, domestic remains stable

Domestic pepper prices today - the market remains stable.

Today's pepper price was updated at 4:30 a.m. on May 5, 2025 as follows: The domestic pepper market remains stable, sideways and anchored at a high level. Currently, the average pepper purchase price in key areas is 155,200 VND/kg.

Specifically, pepper prices today in Gia Lai province are stable after a slight decrease yesterday, currently the local pepper purchasing price is at 154,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau are also on 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.

Domestic pepper prices updated on the morning of May 5, 2025

Statistics show that pepper prices this week remained unchanged compared to last week, reflecting the stability of the domestic market. This stability shows that the market has not had major fluctuations, with supply and demand relatively balanced.

Based on current factors, domestic pepper prices are forecast to remain stable or increase slightly next week. Factors supporting price increases include: Global pepper output is forecast to decrease slightly, especially in major producing countries such as Vietnam, Indonesia and Brazil. Major consumer markets such as China, the US and the EU are returning to the market after a period of stagnation, putting pressure on supply....

However, it should be noted that the market can still be affected by factors such as exchange rate fluctuations, logistics costs and trade policies of importing countries.

Farmers in Dak Nong province harvest pepper

The International Pepper Community (IPC) forecasts that 2025 output could fall by more than 6% amid prolonged adverse weather conditions in many producing countries. India is forecast to see the sharpest decline of about 25%; Vietnam’s pepper output in 2025 is expected to fall by about 2% compared to the previous year.

At the same time, pepper prices in exporting countries have increased compared to the same period last year, benefiting growers but putting cost pressure on importers and processors. Purchasing power from the US, EU and China remains good, but international trading activities tend to be more cautious due to high costs and the risk of changes in tax policies from the US.

Pepper gardens grown in Dak Nong

World pepper prices today - sideways market.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on May 5, 2025 as follows: the pepper market is stable, sideways compared to the previous trading session.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,340 USD/ton; similarly, Muntok white pepper is currently purchased at 9,941 USD/ton.

The Malaysian pepper market remains stable, 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 6,800 USD/ton.

The Vietnamese pepper market continues to move sideways and stabilize. Currently, the export price of Vietnamese black pepper is at 6,700 USD/ton for 500 g/l; 550 g/l is at 6,800 USD/ton and the price of white pepper is at 9,700 USD/ton.

Update world pepper prices on the morning of May 5, 2025

In the domestic market, domestic pepper prices remain high, providing a stable source of income for farmers and encouraging hoarding instead of selling early. However, replanting has not been strong due to lack of land and the shift to other economic crops. According to the Vietnam Pepper and Spice Association (VPSA), exports in the second quarter are likely to slow down as high prices reduce long-term orders.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-552025-trong-nuoc-duy-tri-on-dinh-385991.html