Forecast for domestic pepper price tomorrow, April 13, 2025, sideways

Forecast for domestic pepper price tomorrow, April 13, 2025, the market is stable and sideways.

Today's pepper price was updated on the afternoon of April 12, 2025 as follows: The domestic pepper market continued to increase compared to yesterday, an increase of 1,000 - 2,000 VND/kg. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.

Specifically, today's pepper price in Gia Lai province continued to increase compared to yesterday, an increase of 1,000 VND/kg, currently the pepper purchase price in this locality is at 154,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also fluctuated higher than the previous trading session, an increase of 2,000 VND/kg, currently pepper is purchased at 155,000 VND/kg.

Pepper price in Binh Phuoc also increased by 1,000 VND/kg compared to yesterday, currently the pepper price is purchased at 154,000 VND/kg.

Dak Nong pepper prices also increased, up 1,500 VND/kg compared to yesterday. Currently, pepper purchase prices in these two localities are at the same level of 156,500 VND/kg.

Pepper prices in Dak Lak maintained an upward trend compared to the previous trading session, an increase of 2,000 VND/kg. Currently, the pepper purchasing price in this locality is the highest in the country at 157,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 12, 2025

According to experts, the sharp increase in pepper prices in recent sessions is due to information from the US about the temporary suspension of high import tariffs for 90 days. This has created positive sentiment among farmers and exporters, encouraging them to maintain production and not sell off goods.

The Vietnam Pepper and Spice Association (VPSA) said that domestic pepper prices are likely to continue to increase in the coming time. Consumption demand in the US market, which depends mainly on imports, is showing signs of recovery.

Experts predict that pepper prices could reach VND200,000/kg in the near future if the current supply-demand situation continues. However, farmers need to maintain stable production and should not sell off their goods.

Farmers in Dak Nong province harvest pepper

Despite being affected by tax policies, Vietnamese pepper still maintains a strong position in the US market thanks to its large output and stable quality. In the context of a shrinking global supply, Vietnam continues to be the leading country in pepper production and export.

However, according to VPSA, the US's application of a 10% import tax on all goods imported into this country has caused great concern for Vietnamese pepper exporting enterprises. Because in the first months of 2025, Vietnamese pepper enterprises signed many long-term orders with many US importers; including orders with delivery times until August and September this year.

Faced with this situation, some businesses are considering renegotiating with US importers so that each side will bear a portion of the general tax rate for all imported goods of 10%. Regarding the corresponding tax on goods imported from Vietnam to the US, it is still unclear.

Update world pepper prices on the afternoon of April 12, 2025

World pepper price forecast tomorrow April 13, 2025 remains stable.

According to forecast, world pepper prices will decrease slightly tomorrow, however there will still be slight fluctuations between countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of April 12, 2025 as follows: the pepper market tends to be stable, sideways compared to previous consecutive increases and decreases.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,147 USD/ton; similarly, Muntok white pepper is currently purchased at 9,805 USD/ton.

The Malaysian pepper market remained stable compared to the most recent trading session. Currently, the price of Malaysian ASTA black pepper is purchased at 9,850 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.

Pepper prices in Brazil stabilized after previous slight increases, currently at $6,800/ton.

The Vietnamese pepper market has stabilized and is now flat. The current export price of Vietnamese black pepper is at 6,600 USD/ton for 500 g/l; 550 g/l is at 6,800 USD/ton and the price of white pepper is at 9,600 USD/ton.

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (April 13, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1342025-di-ngang-382688.html