Forecast of domestic pepper price tomorrow 30/3/2025 will remain unchanged

Forecast for domestic pepper price tomorrow, March 30, 2025, stable, sideways and anchored at a high level.

Today's pepper price was updated on the afternoon of March 29, 2025 as follows: The domestic pepper market remained stable, unchanged from the previous trading session. 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 the previous 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 29, 2025

Recently, for many consecutive days, domestic pepper prices have remained stable and at a very high level, while world pepper prices have shown signs of a slight recovery. The current price not only encourages farmers to increase their cultivation efforts but also creates motivation to increase productivity per hectare.

According to experts' forecasts, pepper prices are likely to continue to increase in the coming time due to demand from major markets and a shortage of supply. With demand remaining stable and exceeding supply, pepper prices are likely to increase rather than decrease.

Domestic pepper prices are forecast to continue their upward trend as demand from major markets such as the US and EU remains high. Meanwhile, although output in key growing areas such as the Central Highlands is relatively stable, farmers are limiting sales to wait for better prices, causing a shortage of supply in the market, contributing to keeping prices high.

Farmers in Gia Lai province harvest pepper.

In the international market, supply from key producing countries such as Brazil and Indonesia is facing difficulties due to weather impacts, increasing pressure on global pepper prices. Domestic exporters are also actively purchasing to ensure supplies for foreign partners. If China increases imports again in the coming time, pepper prices may continue to rise.

In addition, the Vietnamese pepper industry is undergoing positive changes. Farmers are increasingly focusing on organic production, improving product quality and strengthening linkages in the value chain. However, pepper cultivation still faces many risks, especially the impact of adverse weather. In 2024, severe drought significantly affected productivity, reducing harvest output.

Update world pepper prices on the afternoon of March 29, 2025

World pepper price forecast tomorrow March 30, 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 29, 2025 as follows: the pepper market is stable, anchored at a high level compared to yesterday's trading session.

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 30, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-3032025-di-ngang-380573.html