Domestic pepper prices today - the market continues to decline.
Today's pepper price was updated at 4:30 a.m. on June 6, 2025 as follows: The domestic market suddenly turned around and decreased again, a decrease of 1,000 - 2,000 VND/kg compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 143,200 VND/kg.
Specifically, today's pepper price in Gia Lai province decreased compared to yesterday, down 1,000 VND/kg, currently the pepper purchase price in this locality is at 143,000 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau also have a downward trend, down 2,000 VND/kg compared to yesterday, currently the pepper purchase price is at 143,000 VND/kg.
Pepper price in Binh Phuoc decreased by 1,000 VND/kg compared to yesterday's trading session. Currently, pepper price in this locality is purchased by traders at 143,000 VND/kg.
Pepper price in Dak Lak has decreased relatively compared to yesterday, a decrease of 2,000 VND/kg, currently pepper price is purchased at 144,000 VND/kg.
Pepper prices in Dak Nong have decreased compared to yesterday, down 2,000 VND/kg. Currently, traders are buying pepper in this locality at 143,000 VND/kg.
Domestic pepper prices updated on the morning of June 6, 2025 |
According to experts, domestic pepper prices have fallen sharply due to low demand and still guaranteed supply. Meanwhile, tax barriers have not been removed, making the market cautious.
However, looking at the long-term strategy, pepper prices still have positive progress thanks to the strategy of expanding the market and promoting deep processing.
Pepper traders said that pepper prices began to decline since early April due to concerns about the US government's new tariff policy. Uncertainties related to import taxes have directly affected market sentiment, making trading and order signing activities more cautious.
Farmers in Dak Nong province harvest pepper |
Faced with current difficulties in the agricultural market, the Ministry of Agriculture and Environment said that in the coming time, the Ministry will focus on developing domestic consumption and export markets.
At the same time, continue to handle market issues to facilitate the export of agricultural and aquatic products to markets such as China, the US, Japan, the EU; open new markets with great potential such as Halal Muslim countries, the Middle East, Africa, etc. Take advantage of incentives from new-generation free trade agreements (FTAs), especially the CPTPP and EVFTA to boost the export of key agricultural, forestry and aquatic products, and support businesses in signing new export orders.
In addition, coordinate with localities to support connection, promote processing and consumption of agricultural products; connect consumption through the system of trade and agricultural counselors in markets, domestic retail distribution chains, e-commerce platforms for agricultural products during harvest season...
Lush green pepper gardens are grown in Dak Nong |
World pepper prices today - the market is stable and slightly increasing.
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on June 6, 2025 as follows: the pepper market is stable and increased slightly compared to yesterday's trading session; in which pepper prices in Indonesia increased again, the increase was from 12 - 18 USD/ton.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,437 USD/ton; similarly, Muntok white pepper is currently purchased at 10,142 USD/ton.
The Malaysian pepper market continues to remain stable, currently the price of Malaysian ASTA black pepper is purchased at 9,150 USD/ton and the price of ASTA white pepper is at 11,850 USD/ton.
Pepper prices in Brazil, after a sharp decline, tend to move sideways, with little fluctuation compared to the previous trading session. Currently, the purchase price is at 6,150 USD/ton.
Vietnam's pepper export market has stabilized and remained unchanged compared to yesterday's sharp decline. Currently, Vietnam's black pepper export price is at 6,300 USD/ton for 500 g/l; 550 g/l at 6,400 USD/ton and white pepper is at 9,300 USD/ton.
Update world pepper prices on the morning of June 6, 2025 |
According to the Ministry of Agriculture and Environment, Vietnam's agricultural, forestry and fishery export turnover in May 2025 is estimated at 6.28 billion USD, up 19.6% over the same period last year. Total export turnover in the first 5 months of 2025 reached 28.04 billion USD, up 15.1% over 2024.
Source: https://congthuong.vn/gia-tieu-hom-nay-662025-trong-nuoc-bien-dong-giam-391029.html
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