Pepper price forecast tomorrow February 12, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price February 12.
Pepper price forecast tomorrow
Domestic pepper price forecast tomorrow, February 12, 2025, continues to increase and remains at a high level.
Today's pepper price was updated on the afternoon of February 11, 2025 as follows: The domestic pepper market is bustling, continuing to increase sharply compared to the previous trading session and the previous week, increasing from 3,000 - 4,500 VND/kg depending on the locality; the highest domestic pepper price is 164,000 VND/kg. Currently, the average pepper purchase price in key areas is 162,400 VND/kg.
Specifically, pepper price today in Gia Lai province continues to increase sharply by about 4,500 VND/kg, currently pepper is purchased at 162,500 VND/kg.
Similarly, pepper prices in Dak Lak and Binh Phuoc provinces increased by 4,000 VND/kg compared to the previous trading session, currently pepper prices in these two localities are 164,000 VND/kg and 162,000 VND/kg, respectively.
Pepper price in Ba Ria - Vung Tau increased by 3,000 VND/kg, currently the purchase price is 161,000 VND/kg.
Pepper price in Dak Nong also increased by 3,000 VND/kg compared to the previous trading session, currently the purchasing price in this locality is 163,000 VND/kg.
 |
| Domestic pepper price updated on February 11, 2025 |
According to the Vietnam Pepper and Spices Association (VPSA), in 2025, global pepper output is forecast to continue to decrease while stable consumption demand is the driving force for Vietnam's pepper exports this year.
According to the General Department of Customs (Ministry of Finance), in the first half of January 2025, Vietnam exported 7,313 tons of pepper with a total turnover of 48.3 million USD, down 3% in volume but up 61.86% in value over the same period in 2024.
Many experts believe that in 2025, the pepper export market will have many advantages, and the decrease in output in some places will help pepper prices continue to remain high.
However, depending on the purchasing pace of important markets such as the United States and China, the price range may increase sharply or only about 10-15% compared to present. Therefore, businesses need to closely monitor market developments and purchasing movements from partners to have appropriate purchasing, storage, and cash flow plans, both increasing output and export turnover and ensuring business efficiency.
 |
| Farmers in Dak Nong province harvest pepper |
Currently, farmers in the Central Highlands provinces have begun the pepper harvest with optimism as prices show many positive signs, increasing compared to the same period last year. Experts say that with increasing global demand, pepper prices may continue to increase sharply from the beginning of 2025, opening up development opportunities for the pepper production and export industry.
According to statistics, domestic pepper prices continuously increased right after Tet, with a sharp increase of 8,500 - 10,800 VND/kg compared to last week.
Ptexim believes that in the coming time, if the Chinese market increases imports again, pepper prices will increase sharply. In case the Chinese market maintains a slow import level, pepper prices will still increase, but at a slower rate.
 |
| Update world pepper prices today February 11, 2025 |
Forecast of world pepper price tomorrow 12/2/2025
According to forecasts, world pepper prices tomorrow will remain stable, anchored at a high level, but there will still be slight fluctuations between countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of February 11, 2025 as follows: the pepper market is vibrant and increasing; in which black pepper prices in Indonesia decreased slightly, but white pepper prices increased sharply, increasing by 258 USD/ton; pepper prices in Brazil increased by 200 USD/ton.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,265 USD/ton (down 11 USD/ton); in contrast, the price of Muntok white pepper increased, currently being purchased at 10,028 USD/ton (up 258 USD/ton).
The Malaysian pepper market continues to remain stable and at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,000 USD/ton and the price of ASTA white pepper is at 11,600 USD/ton.
Pepper prices in Brazil continued to increase by 200 USD/ton compared to the previous trading session, remaining at a fairly high level, currently purchasing at 6,700 USD/ton.
The export market for Vietnamese pepper continues to be stable and slightly increasing. Specifically, the export price of Vietnamese black pepper is currently at 6,500 USD/ton for 500 g/l; 550 g/l is at 6,650 USD/ton; and the price of white pepper is at 9,550 USD/ton.
*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (February 12, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1222025-tiep-da-tang-373256.html
Comment (0)