Forecast of domestic pepper price tomorrow 3/28/2025 will remain unchanged

Forecast for domestic pepper price tomorrow, March 28, 2025, remains stable, sideways and anchored at a high level.

Today's pepper price was updated on the afternoon of March 27, 2025 as follows: The domestic pepper market remained stable compared to yesterday and is anchored at a high level. Currently, the average pepper purchase price in key areas is 159,400 VND/kg.

Specifically, pepper prices in Gia Lai province today remained stable after yesterday's high increase, with the current pepper purchase price in this locality at VND159,000/kg. Similarly, pepper prices in Ba Ria - Vung Tau were also purchased at VND159,000/kg.

Binh Phuoc pepper price remains stable, currently the local pepper price is at 159,000 VND/kg.

Pepper prices in Dak Lak province have stabilized after the previous high session, currently the pepper purchase price is at 160,000 VND/kg.

Pepper prices in Dak Nong province are at a high level, currently the local pepper purchase price is at 160,000 VND/kg.

Domestic pepper prices updated on the afternoon of March 27, 2025

The psychology of hoarding goods waiting for price increases, large market demand... are factors supporting pepper prices in the coming time.

The domestic market is stable and is at a high level. Meanwhile, large pepper growing areas in the Central Highlands are entering the final stages of the harvest season, with guaranteed output and high prices, making pepper farmers excited. At the same time, export enterprises continue to increase purchases to meet orders from Europe and the US.

Experts say that in the short term, domestic pepper prices are expected to remain stable at a high level, with the possibility of a slight increase due to large export demand. In the international market, pepper prices may continue to increase, especially black pepper which is popular in major markets.

Farmers in Gia Lai province harvest pepper.

In the global market, pepper prices from Brazil and Malaysia remained stable, indicating stability in supply. This can help the global market avoid major fluctuations, creating favorable conditions for businesses in planning production and export.

Regarding the market outlook in the coming time, experts say there will be big fluctuations. Although the new crop has been released to the market with increasing volume, the "hoarding" mentality of farmers this year is still very strong, leading to them limiting sales. High pepper prices make businesses and traders store less, so the possibility of price manipulation like in previous years will be difficult to happen. However, in the long term, the growth momentum still has bright prospects when consumption demand remains high and there are expectations that China will soon increase imports again.

Update world pepper price on the afternoon of March 27, 2025

World pepper price forecast tomorrow March 28, 2025 is stable.

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 27, 2025 as follows: the pepper market is stable, anchored at a high level; however, pepper prices in Indonesia decreased slightly compared to yesterday, a decrease of 12 - 17 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,229 USD/ton; similarly, Muntok white pepper is currently purchased at 10,052 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 remains high. 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 28, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2832025-di-ngang-380273.html