Forecast of domestic pepper price tomorrow, April 18, 2025, slight increase

Forecast of domestic pepper price tomorrow April 18, 2025, the market is increasing slightly.

Today's pepper price was updated on the afternoon of April 17, 2025 as follows: The domestic pepper market is stable and slightly increased compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 157,800 VND/kg.

Specifically, today's pepper price in Gia Lai province maintained a slight increase, an increase of 500 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 157,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau are stable and unchanged compared to yesterday, currently pepper is purchased at 157,000 VND/kg.

Pepper prices in Binh Phuoc tend to be stable, currently pepper is purchased at 157,000 VND/kg.

Dak Nong pepper prices are stable at a high level, currently the local pepper purchase price is at 159,000 VND/kg.

Pepper prices in Dak Lak fluctuated little compared to yesterday and remained stable. Currently, pepper purchasing prices in this locality are the highest in the country at 159,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 17, 2025

According to experts, domestic pepper prices are recovering strongly after a period of stagnation due to concerns about US tax policies. Rapidly increasing demand has breathed new life into the market, while creating conditions for businesses to renegotiate prices with previously signed contracts.

The Vietnam Pepper and Spice Association (VPSA) informed that the demand for pepper imports has returned from many major markets such as the US, Europe, Asian countries, especially China.

In the domestic market, farmers and traders still maintain a hoarding mentality, selling only in limited quantities, contributing to the scarcity of supply.

In key pepper growing areas such as Dak Lak, Dak Nong, Binh Phuoc, Dong Nai and Ba Ria – Vung Tau, the harvest has basically been completed. However, farmers are in no hurry to sell because they have profits from other crops such as durian and coffee, leading to a limited amount of pepper on the market.

Information that pepper output this year is lower than last year has given prices more room to rise. Some forecasts suggest that if demand continues to increase strongly, domestic pepper prices could approach VND160,000/kg.

According to data from VPSA, in March 2025, Vietnam imported nearly 5,000 tons of pepper with a total value of nearly 29 million USD. Vietnam not only consumes raw materials domestically but also imports pepper from many other countries for processing and re-export.

Update world pepper prices on the afternoon of April 17, 2025

World pepper price forecast tomorrow April 18, 2025 is flat and stable.

According to forecast, world pepper prices tomorrow will be stable, slightly increasing, 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 17, 2025 as follows: the pepper market fluctuated slightly, in which Indonesian pepper prices continued to decrease, the decrease was from 13 - 17 USD/ton; markets in other countries remained unchanged compared to previous sharp increases and decreases.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,051 USD/ton; similarly, Muntok white pepper is currently purchased at 9,634 USD/ton.

The Malaysian pepper market is stable, sideways compared to the previous sharp decline. Currently, the price of Malaysian ASTA black pepper is purchased at 9,600 USD/ton and the price of ASTA white pepper is at 12,100 USD/ton.

Pepper prices in Brazil remain stable, currently purchasing price reaches 6,850 USD/ton.

The Vietnamese pepper market is flat and stable compared to the previous high session. Currently, the export price of Vietnamese black pepper is at 6,800 USD/ton for 500 g/l; 550 g/l is at 6,900 USD/ton and the price of white pepper is at 9,800 USD/ton.

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (April 18, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1842025-da-tang-nhe-383509.html