Pepper price forecast tomorrow March 25, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 25.
Forecast of domestic pepper price tomorrow, March 25, 2025, sideways and slightly increasing.
Today's pepper price was updated on the afternoon of March 24, 2025 as follows: The domestic pepper market remains high and stable, with little price fluctuation compared to yesterday. Currently, the average pepper purchase price in key areas is 159,500 VND/kg.
Specifically, today's pepper price in Gia Lai province decreased and remained stable compared to the previous trading session, currently the pepper purchase price in this locality is at 159,000 VND/kg. Similarly, pepper price in Ba Ria - Vung Tau is also purchased at 159,000 VND/kg.
Binh Phuoc pepper prices have stabilized after a slight increase in the previous session, currently the local pepper price is at 159,000 VND/kg.
Pepper prices in Dak Lak province are stable, with little fluctuation compared to the previous trading session. Currently, the pepper purchase price is at 160,000 VND/kg.
Pepper prices in Dak Nong province are stable. Currently, the pepper purchase price in this locality is the highest in the country at 160,500 VND/kg.
Domestic coffee price list updated on the afternoon of March 24, 2025 |
According to statistics, domestic pepper prices this week increased by 1,000 - 1,500 VND/kg compared to a week ago. In the world market, pepper prices also increased by 100 USD/ton in key producing countries.
This year, farmers harvested later than usual. As pepper prices showed signs of increasing, many farmers decided to let their pepper ripen longer to increase the weight and value of the product before selling.
Current weather conditions are quite favorable in the main harvesting areas, helping to promote the harvest progress. To date, Dak Nong and Lam Dong have harvested about 50% of the area, Gia Lai reached 40%, Dak Lak about 20%, and other localities in the Southeast region such as Dong Nai, Binh Phuoc, Ba Ria Vung Tau reached about 30%.
In particular, in the context of reduced pepper output due to climate change, many farmers limit the sale of pepper after harvest. In particular, they believe that pepper prices will continue to increase in 2025 and 2026, so they are not under pressure to sell immediately even if the price is adjusted.
Farmers in Dak Nong province harvest pepper |
The Center for Industry and Trade Information - Ministry of Industry and Trade (VITIC) commented that improved consumption demand from major markets such as the EU, the US and some Asian countries helped increase pepper prices, even when the harvest is taking place in Vietnam.
Experts say that, with the prospect of prices rising in the future, exporters and traders are actively building up their reserves, despite facing financial difficulties and limited storage. On the financial side, access to capital is facing many obstacles, mainly due to high interest rates, which directly affect business profits. Cash flow is also affected by the season, especially during peak purchasing times.
Update world pepper price on the afternoon of March 24, 2025 |
World pepper price forecast tomorrow March 25, 2025 is stable and slightly increased.
According to forecasts, world pepper prices tomorrow will remain stable, but there will still be slight fluctuations between countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of March 24, 2025 as follows: the market is stable and less volatile compared to the most recent trading session.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,267 USD/ton; similarly, Muntok white pepper is currently purchased at 10,207 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 9,900 USD/ton and the price of ASTA white pepper is at 12,400 USD/ton.
Pepper prices in Brazil are currently stable after the previous increase and are anchored at a high level, currently purchasing price reaching 7,000 USD/ton.
Vietnam's pepper export market is stable and increasing slightly. Specifically, the export price of Vietnam's black pepper is currently at 7,100 USD/ton for 500 g/l; 550 g/l is at 7,300 USD/ton and the price of white pepper is at 10,100 USD/ton.
*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (March 25, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2532025-di-ngang-379758.html
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