Domestic pepper prices: Suddenly reversed and decreased dramatically
| Area | Average price (VND/kg) | Change (VND) |
|---|---|---|
| Gia Lai | 144,000 | ▼1,000 |
| Ba Ria - Vung Tau | 145,000 | ▼1,000 |
| Dak Lak | 146,000 | ▼1,000 |
| Binh Phuoc | 144,000 | ▼1,000 |
| Dak Nong | 145,000 | 0 |
| Updated: 6/3/2025 |
Pepper prices today, June 3, 2025, show slight fluctuations in the domestic market compared to the previous trading session. The average purchase price in key areas reached about 144,800 VND/kg, with the downward trend prevailing in most major production areas.
In specific areas, pepper prices in Gia Lai decreased by VND 1,000/kg to VND 144,000/kg, the lowest level among the surveyed areas. Meanwhile, pepper prices in Ba Ria - Vung Tau decreased by VND 1,000/kg to VND 145,000/kg, and in Dak Lak also recorded a similar decrease, down to VND 146,000/kg, the highest level. Pepper prices in Binh Phuoc decreased by VND 1,000/kg to VND 144,000/kg, while Dak Nong remained at VND 145,000/kg, unchanged from the previous session.
Overall, with four out of five surveyed regions recording price decreases, today’s pepper market shows not very positive signs. The price decrease in regions such as Gia Lai, Ba Ria - Vung Tau, Dak Lak and Binh Phuoc may stem from abundant supply or export demand that has not met expectations. However, Dak Nong still maintains stable prices, showing the potential of this market.
In summary, pepper prices today show negative signs with a dominant downward trend. Pepper growers and businesses need to closely monitor market developments to make appropriate business decisions to respond to adverse fluctuations.
World pepper prices: Signs of recovery
| Market | USD/Ton | Change | VND/kg (*) |
|---|---|---|---|
| Indonesian - Black Pepper | 7,428 | +0.01 | 194,837 |
| Indonesian - White Pepper | 10,129 | +0.04 | 265,684 |
| Brazilian Black - Pepper ASTA 570 | 6,650 | 0 | 174,430 |
| Malaysia - Black Pepper ASTA | 9,100 | 0 | 238,693 |
| Malaysia - White Pepper ASTA | 11,850 | 0 | 310,826 |
| Vietnam - Black Pepper 500 g/l | 6,500 | 0 | 170,495 |
| Vietnam - Black Pepper 550 g/l | 6,600 | 0 | 173,118 |
| Vietnam - White Pepper ASTA | 9,500 | 0 | 249,185 |
Pepper prices today, June 3, 2025, show that the global pepper market is showing signs of stability and balance.
Regarding black pepper, Malaysia leads with the highest price of 9,100 USD/ton, followed by Indonesia at 7,428 USD/ton, Brazil at 6,650 USD/ton and Vietnam at the lowest price of 6,500-6,600 USD/ton. The average price of black pepper is around 7,432 USD/ton.
For white pepper, Malaysia still leads with 11,850 USD/ton, Indonesia 10,129 USD/ton and Vietnam 9,500 USD/ton. The average price of white pepper is around 10,492 USD/ton. In general, white pepper is always priced higher than black pepper in all markets.
Notably, prices in key markets remained stable, with no major fluctuations, with zero changes compared to the previous session. This reflects the balance between supply and demand, with no signs of excess supply or unusual fluctuations.
According to a report from the International Pepper Community (IPC), the global pepper market is expected to continue to grow, with an estimated value of US$6.4 billion by 2033, representing a compound annual growth rate (CAGR) of 4.1%. This is driven by increasing demand from industries such as food, pharmaceuticals and cosmetics.
In general, data from the world pepper price table on June 3, 2025 shows a stable market situation, with prices fluctuating within a narrow range and showing no signs of major fluctuations. This creates the premise for sustainable development of the pepper industry in the coming time.
Pepper price forecast tomorrow 6/4/2025
Domestic pepper market on June 4, 2025
With the current developments, the forecast for pepper prices tomorrow, June 4, 2025, in the domestic market is likely to continue to increase slightly or remain stable in key regions. Factors supporting the increase include limited supply from the population after the peak harvest period, bustling purchasing activities from export enterprises, improved domestic consumption demand, and a slight recovery in world prices.
Price scenario tomorrow:
Central Highlands: Provinces such as Dak Lak and Dak Nong may increase by 500 - 1,000 VND/kg.
Southeast: Ba Ria - Vung Tau and Dong Nai are likely to remain stable at 146,000 VND/kg or increase slightly.
Binh Phuoc: Price may increase by 500 VND/kg if demand continues to improve.
International pepper market on June 4, 2025
On the international level, world pepper prices are still struggling, waiting for clearer signals from major consumer markets. Positive factors such as global demand is expected to recover in the third quarter and some Asian markets increasing imports are balancing negative factors such as abundant global supply and high inventories at European and American ports.
In the short term, world pepper prices are unlikely to increase sharply, but in the medium term there is still a chance of recovery if consumption demand increases again.
Market Overview: Opportunities in Challenges
Overall, the domestic and global pepper markets are in a cautious transition phase. The opportunity is that domestic prices may continue to recover slightly in June and export demand may grow from the third quarter.
However, the major challenge still comes from abundant global supply and unstable economic and consumption developments in major markets. In this context, pepper growers and exporters need to closely monitor market developments and take advantage of opportunities when prices recover to optimize profits.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-4-6-2025-giam-hang-loat-o-thi-truong-trong-nuoc-3156016.html
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