Forecast for domestic pepper price tomorrow, March 29, 2025, continues to remain stable and anchor at a high level.
Today's pepper price was updated on the afternoon of March 28, 2025 as follows: The domestic pepper market remained stable compared to the previous trading session and is anchored at a high level. Currently, the average pepper purchase price in key areas is 159,400 VND/kg.
Specifically, pepper prices today in Gia Lai province are stable after yesterday's high increase, currently the local pepper purchase price is at 159,000 VND/kg. Similarly, pepper prices in Ba Ria - Vung Tau are also purchased at 159,000 VND/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 28, 2025 |
Experts say that domestic pepper prices are likely to continue to increase in the coming time, especially when demand from major markets such as the US and EU remains high.
Meanwhile, the domestic market is currently stable at a high level, with pepper output in major growing regions such as the Central Highlands being guaranteed. However, farmers' "hoarding" mentality remains very strong, leading them to limit sales, contributing to maintaining high pepper prices.
According to experts, the domestic pepper market is stabilizing at a high price, with pepper output in major growing areas guaranteed. However, farmers' psychology of stockpiling is still high, leading to garden owners limiting sales, contributing to maintaining high pepper prices.
Farmers in Dak Nong province harvest pepper |
Exporters are also stepping up purchases to meet orders from Europe and the US. However, supplies from major producers such as Brazil and Indonesia are facing difficulties due to adverse weather, which could create upward pressure on prices in the coming time.
In recent years, the Vietnamese pepper industry has seen many positive changes. Farmers are increasingly focusing on clean and sustainable organic production standards, while strengthening production links along the value chain. This not only helps improve product quality but also meets domestic consumption and export demand.
Update world pepper prices on the afternoon of March 28, 2025 |
World pepper price forecast tomorrow March 29, 2025 will increase slightly.
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 28, 2025 as follows: the pepper market increased and is anchored at a high level. In particular, pepper prices in Indonesia increased slightly again, increasing from 10 - 14 USD/ton.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,239 USD/ton; similarly, Muntok white pepper is currently purchased at 10,066 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 prices 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 29, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-2932025-on-dinh-380437.html
Comment (0)