Forecast of domestic pepper price tomorrow April 25, 2025, increasing trend

Forecast of domestic pepper price tomorrow, April 25, 2025, continues to increase.

Today's pepper price was updated on the afternoon of April 24, 2025 as follows: The domestic pepper market suddenly increased after many previous stable and sideways sessions, an increase of 1,500 - 2,000 VND/kg compared to yesterday's transaction. Currently, the average pepper purchase price in key areas is 156,300 VND/kg.

Specifically, pepper prices today in Gia Lai province increased again, an increase of 1,500 VND compared to yesterday, currently the pepper purchasing price in this locality is at 155,500 VND/kg.

Pepper prices in Ba Ria - Vung Tau also turned around and increased sharply, up 2,000 VND/kg compared to the previous trading session, currently pepper is purchased at 156,000 VND/kg.

Pepper prices in Binh Phuoc also increased sharply, increasing by 2,000 VND/kg, currently the pepper purchasing price in this locality is at 156,000 VND/kg.

Dak Nong and Dak Lak pepper prices have also increased sharply compared to many previous flat sessions, an increase of 2,000 VND/kg, currently the pepper purchase price in these two localities is at 157,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 24, 2025

According to experts, the sharp increase in pepper prices is considered to be the result of limited supply after harvest, combined with farmers' psychology of hoarding goods and waiting for prices to rise. Meanwhile, stable world prices at high levels continue to create positive momentum for the domestic market.

Domestically, pepper production is being heavily affected by the weather. Prolonged drought in the first months of 2025 has negatively impacted major pepper growing areas in the Central Highlands and the Southeast.

While output shows signs of decline, domestic pepper prices remain high, providing peace of mind to growers. Vietnam is currently entering the peak harvest period, expected to last until the end of April 2025.

Farmers in Dak Nong province harvest pepper

In the coming time, if demand from major markets such as the Middle East and Europe increases sharply in the second quarter, the market may continue to receive new price increases, especially in localities with good pepper quality such as Dak Lak and Dak Nong.

Although high prices are a positive signal for pepper growers, they create many difficulties for export enterprises. VPSA forecasts that in the second quarter, export activities may face many challenges due to high prices reducing purchasing power and affecting the financial capacity of import partners.

Update world pepper prices on the afternoon of April 24, 2025

Forecast of world pepper price tomorrow April 25, 2025, the market continues to be 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 24, 2025 as follows: the pepper market maintained a sideways trend. However, pepper prices in Indonesia have fluctuated between increases and decreases; pepper prices in other countries are stable.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,104 USD/ton; similarly, Muntok white pepper is currently purchased at 9,614 USD/ton.

The Malaysian pepper market is stable and sideways. 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 remained unchanged compared to yesterday's increase, currently at $6,900/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 25, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2542025-da-tang-384665.html