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News, pepper price forecast tomorrow 5/5/2025: No fluctuations

Pepper price on May 5, 2025 is forecasted to be stable, fluctuating between 154,000 - 156,000 VND/kg, possibly increasing slightly in Gia Lai and Dong Nai.

Báo Quảng NamBáo Quảng Nam04/05/2025

Index
  • Update the latest pepper price on May 4, 2025 in the domestic market
  • Update the latest pepper price on May 4, 2025 in the world market
  • News, pepper price forecast tomorrow 5/5/2025 domestic and world pepper prices have not had any new fluctuations

Update the latest pepper price on May 4, 2025 in the domestic market

AreaAverage price (VND/kg)Change (VND)
Gia Lai 154,000 0
Ba Ria - Vung Tau 155,000 0
Dak Lak 156,000 0
Binh Phuoc 155,000 0
Dak Nong 156,000 0
Updated: 05/04/2025

Today's pepper price was updated on the afternoon of May 4, 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, showing no significant fluctuations compared to recent trading sessions.

Specifically, pepper prices in Gia Lai province today remained stable after a slight decrease yesterday, with the current pepper purchase price in this locality at VND154,000/kg, the lowest among the surveyed areas. This reflects a somewhat cautious pepper price trend in Gia Lai, possibly due to local supply and demand pressure.

Pepper prices in Ba Ria - Vung Tau are also on a stable trend, currently pepper is purchased at 155,000 VND/kg, in line with the general market average. This stability shows the balance between supply and demand in this area.

Pepper prices in Binh Phuoc have fluctuated little compared to the previous trading session, currently the local pepper purchasing price is at 155,000 VND/kg. This price reflects the uniformity in pepper price trends across the country, with no significant changes recorded.

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, the highest on the list. This may indicate strong production potential or high consumption demand in these two regions, contributing to maintaining pepper prices at a high level. With no change (0 VND) in all regions, today's pepper price on May 4, 2025 continues to affirm the stability of the market, creating confidence for farmers and businesses in the current economic context.

Update the latest pepper price on May 4, 2025 in the world market

MarketUSD/TonChangeVND/kg (*)
Indonesian - Black Pepper 7,340 +1.12 192,162
Indonesian - White Pepper 9,941 +1.12 260,256
Brazilian Black - Pepper ASTA 570 6,800 0 178,024
Malaysia - Black Pepper ASTA 9,300 0 243,474
Malaysia - White Pepper ASTA 11,900 0 311,542
Vietnam - Black Pepper 500 g/l 6,700 0 175,406
Vietnam - Black Pepper 550 g/l 6,800 0 178,024
Vietnam - White Pepper ASTA 9,700 0 253,946

In the world market, pepper prices today in major exporting countries are also remaining high. Specifically, black pepper prices in Indonesia and Brazil range from 6,800 - 9,941 USD/ton depending on quality, with Indonesia recording a slight increase of +1.12 USD/ton, while Brazil remained stable at 6,800 USD/ton. Malaysia recorded high-grade white pepper at 11,900 USD/ton, maintaining the highest selling price in the world, reflecting the outstanding value of this pepper.

For Vietnam - the world's second largest pepper exporter, pepper prices today, May 4, 2025, are as follows: black pepper (500-550g/l) fluctuates from 6,700 - 6,800 USD/ton, while white pepper remains at 9,700 USD/ton. This price has been maintained for nearly 2 weeks and marks one of the highest price ranges in the past 3 years. The reason is that global supply is affected by erratic weather, pepper growing areas in many countries have not expanded again, while production and logistics costs remain high, creating pressure to increase prices in the international market.

News, pepper price forecast tomorrow 5/5/2025 domestic and world pepper prices have not had any new fluctuations

Pepper prices on May 5, 2025 promise to be a notable topic for farmers and those interested in the pepper market. Based on the comments of experts and experienced traders, domestic pepper prices are likely to remain stable, fluctuating around 154,000 - 156,000 VND/kg today. However, there are some positive signs that prices may increase slightly, especially in low-priced areas such as Gia Lai or Dong Nai, thanks to new purchasing demand from export enterprises looking to stock up.

Factors that may affect pepper prices in the coming time are also worth noting. First of all, the exchange rate between the USD and VND is showing a slight upward trend, which gives pepper exporting enterprises more motivation to buy more from farmers. In addition, demand from China - a large market of Vietnam - is showing signs of strong recovery in May, promising to create more positive pressure on prices. In addition, international transportation costs are also decreasing slightly after the peak festival period, helping to reduce the burden on businesses and may indirectly support domestic pepper prices.

If all these factors occur together, pepper prices on May 5, 2025 may increase by 500 to 1,000 VND/kg at some purchasing points, especially in low-price areas. This will help narrow the gap between regions, benefiting pepper growers. Let's follow closely to seize the opportunities from these fluctuations!

Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-5-5-2025-chua-co-bien-dong-3154074.html


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