Pepper price forecast tomorrow March 18, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 18.
Domestic pepper price forecast tomorrow, March 18, 2025, will continue to increase slightly and stay at a high level.
Today's pepper price was updated on the afternoon of March 17, 2025 as follows, domestic pepper prices increased - decreased slightly between localities compared to today. Currently, the average pepper purchase price in key areas is 158,600 VND/kg.
Specifically, today's pepper price in Gia Lai province remains stable, with little fluctuation compared to the most recent trading session. Currently, the pepper purchase price in this locality is at 158,000 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau remain stable, currently pepper is purchased at 158,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong provinces increased by 1,000 VND/kg compared to yesterday. Currently, the pepper purchasing price of traders in these two localities is at 160,000 VND/kg.
On the contrary, pepper price in Binh Phuoc province decreased by 1,000 VND/kg, currently pepper price in this locality is only 157,000 VND/kg, the lowest in the country.
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| Domestic pepper prices updated on the afternoon of March 17, 2025 |
Forecasts of limited supply, low new crop yield, increased consumption demand, and unfavorable weather in pepper growing countries are reasons why pepper prices may increase in the coming time.
Global pepper supplies are being affected by severe weather in major producing countries. In Vietnam, pepper output in the 2024-2025 crop year is expected to decline by about 5% compared to the previous year due to prolonged drought and high production costs.
Global demand for pepper continues to increase strongly, especially from large markets such as the US and Europe. This brings great opportunities for Vietnamese pepper exporters, especially when Vietnamese pepper products are increasingly asserting their position in the international market.
According to experts, after many years of falling prices, pepper has peaked again, even surpassing the threshold of 160,000 VND/kg. The high price of pepper has brought garden owners more profits and restored their confidence in this valuable crop.
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| Farmers in Dak Nong province take care of pepper gardens |
According to data from the Vietnam Pepper Association (VPA), in the first two months of 2025, Vietnam exported about 45,000 tons of pepper, up 3% in volume and 12% in value over the same period last year. This shows that Vietnam's pepper export value is improving thanks to high demand from international markets.
With the current supply and demand situation, the Vietnamese pepper industry is facing many great opportunities for development, especially in export. However, businesses need to pay attention to factors such as production costs and market fluctuations to optimize profits.
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| Update world pepper prices on the afternoon of March 17, 2025 |
World pepper price forecast tomorrow March 18, 2025 will increase again.
According to forecasts, world pepper prices will increase again 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 March 17, 2025 as follows: the market continues to remain stable, sideways compared to the previous trading session.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,265 USD/ton; Muntok white pepper is currently purchased at 10,252 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 9,800 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.
Pepper prices in Brazil have fluctuated little and are currently anchored at a fairly high level, with the current purchase price reaching 6,900 USD/ton.
Vietnam's pepper export market is stable and slightly decreasing. 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 18, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1832025-tiep-da-tang-378650.html
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