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Pepper price tomorrow, May 31, 2025 continues to decrease due to reciprocal tax policy

Pepper prices on May 31, 2025 continued to decrease due to the reciprocal tax policy, with the average price decreasing by 500 - 1,000 VND.

Báo Quảng NamBáo Quảng Nam30/05/2025

Update on pepper prices on May 31, 2025 in the domestic market

AreaAverage price (VND/kg)Change (VND)
Gia Lai 145,000 ▼500
Ba Ria - Vung Tau 145,000 ▼1,000
Dak Lak 146,000 ▼500
Binh Phuoc 145,000 ▼1,000
Dak Nong 146,000 0
Updated: May 31, 2025

Domestic pepper prices today are showing a slight adjustment trend, with the average purchase price fluctuating from 145,000 to 146,000 VND/kg. This trend shows the market's caution after the previous volatile period.

News, pepper price forecast on May 31, 2025 continues to decrease due to reciprocal tax policy
News, pepper price forecast on May 31, 2025 continues to decrease due to reciprocal tax policy

In Gia Lai, pepper price today reached 145,000 VND/kg, down 500 VND/kg compared to the previous session. Similarly, Dak Lak recorded a price of 146,000 VND/kg, also down 500 VND/kg, reflecting the slowing trend in the Central Highlands.

Pepper prices in Ba Ria - Vung Tau and Binh Phuoc are both at 145,000 VND/kg, but both decreased by 1,000 VND/kg. This shows clear pressure to adjust prices at large pepper warehouses.

Unlike other regions, Dak Nong maintains a stable pepper price at 146,000 VND/kg, demonstrating good resistance to market fluctuations.

Although pepper prices today decreased slightly by VND500-1,000/kg in most regions, the current price remains high. This is a positive signal for farmers, in the context of the market reacting to supply-demand factors and global price fluctuations.

Update pepper price today 5/30/2025 on world market

MarketUSD/TonChangeVND/kg (*)
Indonesian - Black Pepper 7,427 -0.27 194,365
Indonesian - White Pepper 10,125 -0.3 264,972
Brazilian Black - Pepper ASTA 570 6,650 0 174,031
Malaysia - Black Pepper ASTA 9,150 0 239,456
Malaysia - White Pepper ASTA 11,850 0 310,115
Vietnam - Black Pepper 500 g/l 6,500 -3.08 170,105
Vietnam - Black Pepper 550 g/l 6,600 -3.03 172,722
Vietnam - White Pepper ASTA 9,500 -2.11 248,615

Pepper prices today, May 30, 2025, on the international pepper market recorded a slight decrease or stability, with the average pepper price ranging from 6,500 to 11,850 USD/ton, equivalent to about 170,105 to 310,115 VND/kg. This trend reflects an adjustment after the previous period of fluctuations, mainly due to the impact of supply and demand and currency fluctuations.

Black pepper prices in Indonesia reached USD 7,427/ton (down USD 0.27), while white pepper was at USD 10,125/ton (down USD 0.3), indicating slight downward pressure. In contrast, Brazil maintained ASTA 570 black pepper prices at USD 6,650/ton, unchanged, reflecting stability in the region.

ASTA black pepper prices in Malaysia were stable at USD 9,150/ton, while ASTA white pepper reached USD 11,850/ton, with no fluctuations, indicating that the local market was less affected by the general downward trend.

The price of 500g/l black pepper in Vietnam reached US$6,500/ton (down US$3.08), 550g/l black pepper was at US$6,600/ton (down US$3.03), and ASTA white pepper was US$9,500/ton (down US$2.11). This significant decrease shows great pressure from domestic and international markets.

Source: https://baoquangnam.vn/gia-tieu-ngay-mai-31-5-2025-tiep-chuoi-giam-boi-chinh-sach-thue-doi-ung-3155788.html


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