Update on the latest pepper price on May 15, 2025 in the domestic market, mixed increase and decrease
Area | Average price (VND/kg) | Change (VND) |
---|---|---|
Gia Lai | 151,000 | 0 |
Ba Ria - Vung Tau | 151,000 | ▼-1,000 |
Dak Lak | 152,000 | +1,000 |
Binh Phuoc | 151,000 | ▼-500 |
Dak Nong | 152,000 | +1,000 |
Updated: May 15, 2025 |
Pepper prices today, May 15, 2025, show stability and slight fluctuations in some major pepper growing areas. The average pepper price in Gia Lai and Ba Ria - Vung Tau is currently at 151,000 VND/kg, with Ba Ria - Vung Tau recording a slight decrease of 1,000 VND. This shows a stable trend in pepper prices in this area, although there is a small decrease, possibly due to supply and demand factors or the consumption market.
In Dak Lak and Dak Nong, pepper prices were slightly higher at VND152,000/kg, with Dak Lak recording an increase of VND1,000. This price increase may reflect higher demand or better quality pepper this season. Meanwhile, Binh Phuoc also maintained its price at VND151,000 but saw a decrease of VND500, suggesting that competition in the region may be affecting prices.
Overall, pepper prices today, May 15, 2025, show relative stability in the market, with some areas experiencing slight fluctuations. This may affect the decisions of farmers and traders in investment and production in the coming time. Continuous monitoring of factors affecting pepper prices will be necessary to make timely adjustments to optimize profits in the context of an ever-changing market.
Update the latest pepper price on May 15, 2025 on the world market is equal
Market | USD/Ton | Change | VND/kg (*) |
---|---|---|---|
Indonesian - Black Pepper | 7,238 | 0 | 188,985 |
Indonesian - White Pepper | 9,963 | 0 | 260,134 |
Brazilian Black - Pepper ASTA 570 | 6,800 | 0 | 177,548 |
Malaysia - Black Pepper ASTA | 9,200 | 0 | 240,212 |
Malaysia - White Pepper ASTA | 11,900 | 0 | 310,709 |
Vietnam - Black Pepper 500 g/l | 6,700 | 0 | 174,937 |
Vietnam - Black Pepper 550 g/l | 6,800 | 0 | 177,548 |
Vietnam - White Pepper ASTA | 9,700 | 0 | 253,267 |
Pepper prices today, May 15, 2025, recorded from international markets show that pepper prices continue to remain stable. Specifically, the price of black pepper from Indonesia is currently at 7,238 USD/ton, unchanged from the previous trading session. Similarly, the price of white pepper from Indonesia also remains unchanged at 9,963 USD/ton.
In Brazil, the price of ASTA 570 black pepper was listed at $6,800/ton, also unchanged. Meanwhile, the price of ASTA black pepper from Malaysia was $9,200/ton, unchanged. The price of ASTA white pepper from Malaysia was higher at $11,900/ton, unchanged.
In Vietnam, the price of 500 g/l black pepper was recorded at USD 6,700/ton, while the price of 550 g/l black pepper was USD 6,800/ton, both unchanged from the previous. The price of ASTA white pepper from Vietnam is currently USD 9,700/ton, also unchanged.
At the current exchange rate, pepper prices are converted to VND/kg, with Indonesian black pepper at around VND188,985/kg, while Indonesian white pepper is VND260,134/kg. Brazilian black pepper is around VND177,548/kg, and Malaysian black pepper is VND240,212/kg. Finally, Malaysian white pepper is VND310,709/kg, while Vietnamese black pepper ranges from VND174,937 to VND177,548/kg, and Vietnamese white pepper is VND253,267/kg. Overall, today's pepper prices show stability in the current market context, with no major fluctuations occurring.
News, pepper price forecast tomorrow 5/16/2025
Pepper prices on May 16, 2025 are forecast to remain high, with the possibility of slight adjustments. According to information from the International Pepper Community (IPC), the global pepper market is currently stable, although there are still small fluctuations in each country.
Specifically, the price of black pepper from Indonesia is currently at 7,238 USD/ton, down slightly by 85 USD/ton compared to before. Meanwhile, the price of white pepper from Indonesia has been on an upward trend, currently reaching 9,963 USD/ton, up by 45 USD/ton. This shows the differentiation in prices between pepper varieties.
In Malaysia, pepper prices remained stable, with ASTA black pepper at $9,200/ton and ASTA white pepper at $11,900/ton. In Brazil, pepper prices also remained unchanged, currently at $6,800/ton.
For the Vietnamese pepper market, the price of 500 g/l black pepper is currently listed at 6,700 USD/ton, while 550 g/l is 6,800 USD/ton. The price of white pepper from Vietnam is currently at 9,700 USD/ton. Overall, the domestic pepper market remains stable and has not seen major fluctuations.
In the short term, domestic pepper prices tomorrow are expected to fluctuate between VND151,000 and VND152,000 per kilogram. However, some localities such as Gia Lai, Binh Phuoc and Dak Lak may see a slight adjustment of about VND500 per kilogram due to pressure to collect goods before businesses sign new export contracts.
In summary, pepper prices on May 16, 2025 will remain high and may have minor adjustments, reflecting the global pepper market situation as well as domestic demand.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-16-5-2025-gia-tieu-tang-len-muc-cao-3154820.html
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