Forecast of domestic pepper price tomorrow, April 14, 2025, slight increase

Forecast of domestic pepper price tomorrow, April 14, 2025, stable and slightly increasing.

Today's pepper price was updated on the afternoon of April 13, 2025 as follows: The domestic pepper market is stable, sideways and anchored at a high level compared to yesterday. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.

Specifically, today's pepper price in Gia Lai province is stable compared to yesterday's trading session, currently the pepper purchasing price in this locality is at 154,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau fluctuated little, staying at a high level, currently pepper is purchased at 155,000 VND/kg.

Pepper prices in Binh Phuoc have remained stable compared to the previous trading session, currently the pepper price is purchased at 154,000 VND/kg.

Dak Nong pepper price remains stable compared to yesterday, currently the pepper purchase price in this locality is at 156,500 VND/kg.

Pepper prices in Dak Lak have remained stable compared to the previous high session. Currently, pepper purchasing prices in this locality are the highest in the country at 157,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 13, 2025

According to statistics on April 13, pepper prices continued to increase for the third consecutive day to 154,000 - 157,000 VND/kg, 1,000 - 2,000 VND/kg higher than last week. Meanwhile, world pepper prices fell sharply last week.

According to experts, the sharp increase in pepper prices in recent sessions is due to information from the US about the temporary suspension of import tax 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 previously, pepper exports to the US were almost tax-free. Currently, many shipments are on their way to the US, these shipments were previously signed on price when there was no information about tax imposition.

Farmers in Gia Lai province harvest pepper after harvest.

Currently, it is expected that when goods arrive at US ports in general and pepper in particular will be subject to a 10% tax. It is likely that import partners will renegotiate prices, and it is possible that Vietnamese pepper exporting enterprises and import partners in the US will have to share the cost of this 10% tax.

VPSA said that while Vietnam and the US are still negotiating on taxes, the pepper industry should focus on improving productivity, quality, and reducing costs to compete with other pepper exporting countries.

To reduce risks from US policies, VPSA recommends that pepper exporting enterprises need to have flexible response plans. Instead of making monthly or yearly business plans, switch to weekly export plans and closely follow fluctuations in commodity prices to react appropriately.

Update world pepper prices on the afternoon of April 13, 2025

World pepper price forecast tomorrow April 14, 2025 remains stable.

According to forecast, world pepper prices will be stable tomorrow, but there will still be slight fluctuations between countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of April 13, 2025 as follows: the pepper market remains 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 14, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1442025-tang-nhe-382794.html