Forecast of domestic pepper price tomorrow April 19, 2025, market decrease

Forecast of domestic pepper price tomorrow April 19, 2025, the market will decrease.

Today's pepper price was updated on the afternoon of April 18, 2025 as follows: The domestic pepper market suddenly decreased sharply compared to yesterday's trading session, a decrease of 2,000 - 3,000 VND/kg. Currently, the average pepper purchase price in key areas is 155,400 VND/kg.

Specifically, today's pepper price in Gia Lai province suddenly turned down sharply compared to yesterday, a decrease of 2,000 VND/kg, currently the pepper purchase price in this locality is at 155,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also decreased by 2,000 VND compared to yesterday, currently pepper is purchased at 155,000 VND/kg.

Pepper prices in Binh Phuoc also decreased by 2,000 VND/kg, currently the pepper purchase price in this locality is also at 155,000 VND/kg.

Particularly, pepper prices in Dak Nong and Dak Lak have the highest decrease, with 3,000 VND/kg compared to yesterday, currently the pepper purchasing price in these two localities is at 156,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 18, 2025

Experts say the global pepper market is facing challenges due to declining output in major producing countries such as Indonesia and India, and due to climate change, disease and rising input costs.

However, the Vietnam Pepper and Spice Association (VPSA) believes that from now until the end of the year, supply and demand will remain the most important factor. Whether the US imposes tariffs or not, the global market is still in short supply, which will support pepper prices to increase again in the medium and long term.

According to VPSA, Vietnam has certain advantages as Vietnamese pepper cannot compete with American farmers or businesses because the US cannot produce pepper due to unsuitable natural conditions.

Farmers in Dak Nong province harvest pepper

Pepper traders believe that pepper prices may continue to fluctuate within a moderate range as Vietnam enters the harvest season. Some slight downward adjustments may occur during the peak harvest period. However, this depends largely on the willingness of producers to sell, as good prices last year have significantly increased their ability to hold stocks.

If buyers start buying to secure supplies, prices could rise sharply. Once peak harvest is over, growers will likely continue to hold onto their stocks, waiting for higher prices.

Update world pepper prices on the afternoon of April 18, 2025

Forecast for world pepper price tomorrow, April 19, 2025, the market will decrease slightly and move sideways.

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 18, 2025 as follows: the pepper market fluctuated slightly; in which, pepper prices in Indonesia increased by 5-7 USD/ton; pepper prices in Brazil increased by 50 USD/ton; markets in other countries remained stable.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,056 USD/ton; similarly, Muntok white pepper is currently purchased at 9,641 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 increased again, by 50 USD/ton, currently the purchase price reached 6,900 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 19, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-1942025-thi-truong-giam-383732.html