Pepper price forecast tomorrow March 10, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 10.
Domestic pepper price forecast tomorrow March 10, 2025 is stable, slightly increased and maintained at a high level.
Today's pepper price was updated on the afternoon of March 9, 2025 as follows: Domestic pepper prices are stable at a high level and have little fluctuation compared to yesterday. Currently, the average pepper purchase price in key areas is 160,000 VND/kg.
Specifically, today's pepper price in Gia Lai province is stable, unchanged compared to yesterday, currently the pepper purchase price in this locality is at 159,000 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau fluctuated little, currently pepper prices are purchased by traders at 159,000 VND/kg.
Pepper prices in Binh Phuoc province are stable and remain stable, currently the pepper price is purchased at 159,000 VND.
Pepper prices in Dak Lak province have stabilized after a slight decrease yesterday, currently at 161,000 VND/kg.
Pepper prices in Dak Nong province remained stable compared to yesterday and remained the highest in the country, currently purchased at 162,000 VND/kg.
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| Domestic pepper price updated on March 9, 2025 |
The Vietnamese pepper market in early 2025 is witnessing many fluctuations as farmers continue to limit sales, expecting prices to increase. Although harvesting activities are taking place strongly in key growing areas, most of the output is still retained instead of being brought to the market, reducing transaction volume.
According to the Vietnam Pepper and Spice Association (VPSA), in the first two months of 2025, Vietnam exported 27,416 tons of pepper, earning 184.9 million USD. Output decreased by 11.9% compared to the same period last year, but thanks to high export prices, turnover still increased sharply by 48.1%. Currently, the export price of black pepper is 6,648 USD/ton, while white pepper is at 8,501 USD/ton.
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| Farmers in Dak Nong province harvest pepper |
According to Ptexim's report, currently in many key pepper growing areas of Vietnam, harvesting activities are taking place strongly. However, many farmers are still holding on to their products, causing limited supply.
Competition from other crops such as coffee and durian continues to discourage farmers from selling pepper. They also tend to store their products at home instead of sending them to agents as they used to. This makes trading in the market more limited than in previous years.
Currently, the US remains the largest customer of Vietnamese pepper with 5,890 tons, accounting for 21.5% of the market share, despite a sharp decrease of 32.7% in imports compared to the previous year. Meanwhile, China had a significant breakthrough, increasing by 86.6% to 1,523 tons, reflecting the recovery of demand after a period of tightening import controls. Other markets such as Germany and India showed signs of decline, while the UAE grew by 21.9%, reaching 1,480 tons.
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| Update world pepper prices today March 9, 2025 |
World pepper price forecast tomorrow March 10, 2025 remains stable.
According to forecasts, world pepper prices tomorrow will maintain an increase and stay at a high level, however there will still be slight fluctuations between countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of March 9, 2025 as follows: the market fluctuated little, remained unchanged compared to yesterday and remained at a high level.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,376 USD/ton; Muntok white pepper is currently purchased at 10,242 USD/ton.
The Malaysian pepper market stabilized after the previous price increase, currently the price of Malaysian ASTA black pepper is purchased at 9,800 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.
Pepper prices in Brazil remain stable and sideways, currently the purchase price reaches 6,850 USD/ton.
Vietnam's pepper export market is stable and increasing slightly. Specifically, the export price of Vietnam's black pepper is currently at 7,000 USD/ton for 500 g/l; 550 g/l is at 7,200 USD/ton and the price of white pepper is at 10,000 USD/ton.
*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (March 10, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1032025-tang-nhe-377435.html
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