Pepper price forecast tomorrow March 4, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 4.
Domestic pepper prices are forecasted to increase slightly tomorrow, March 4, 2025, and continue to stay high.
Today's pepper price was updated on the afternoon of March 3, 2025 as follows: Domestic pepper prices remained stable and increased slightly compared to yesterday. Currently, the average pepper purchase price in key areas is 158,000 VND/kg.
Specifically, today's pepper price in Gia Lai province remains stable compared to the previous trading session, currently the pepper purchase price in this locality is at 157,000 VND/kg. Similarly, pepper price in Ba Ria - Vung Tau province is purchased by traders at 157,000 VND/kg.
Pepper prices in Binh Phuoc province fluctuated little and tended to stabilize. After the previous high increase, pepper prices are currently purchased at 158,000 VND/kg.
Pepper prices in Dak Lak province are stable and high, currently the pepper purchase price is 159,000 VND/kg.
Pepper prices in Dak Nong province increased slightly, by 200 VND/kg, currently traders are purchasing pepper in this locality at 159,200 VND.
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| Domestic pepper price updated on March 3, 2025 |
According to statistics, from the beginning of 2025 until now, domestic pepper prices have increased by 10,000 - 12,000 VND/kg, in February 2025 alone, the price of this item increased by 10,000 - 11,000 VND/kg. At the same time, with prices fluctuating between 157,000 - 159,000 VND/kg, domestic pepper prices are 65 - 70% higher (62,000 - 64,000 VND/kg) than the same period last year.
Experts say pepper prices may increase in the short term, especially if China, one of the largest customers of Vietnamese pepper, increases imports again. However, pepper prices may stagnate as supplies from the new harvest are gradually replenished.
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| Farmers in Gia Lai province harvest pepper. |
Vietnam's pepper industry is facing a great opportunity to break through and set a new record for export value in 2025. According to the forecast of the Vietnam Pepper and Spice Association (VPSA), global pepper output continues to decline while consumption demand remains stable, creating favorable conditions for Vietnam's pepper exports.
The strong growth in pepper export value in the first months of 2025 can be explained by many factors, including the forecast decrease in global pepper output in 2025, leading to scarcity and pushing up prices. Global pepper consumption remains stable, especially in major markets such as the United States and Europe. In particular, Vietnamese pepper is highly appreciated for its quality, meeting the needs of demanding markets.
Mr. Thai Nhu Hiep - Chairman of the Board of Directors, Director of Vinh Hiep Company Limited said that global pepper output in 2025 will continue to decrease while consumption demand remains stable, which will create favorable conditions for export.
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| Update world pepper prices today March 3, 2025 |
Forecast of world pepper price tomorrow 3/4/2025 stable
According to forecasts, world pepper prices tomorrow will fluctuate little, stabilize and stay at a high level, however there will still be slight increases and decreases between countries.
Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of March 3, 2025 as follows: the pepper market remains stable and anchored at a high level compared to the fluctuations in the previous session.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,235 USD/ton; Muntok white pepper is currently purchased at 9,959 USD/ton.
After a strong increase, the Malaysian pepper market has remained at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,700 USD/ton and the price of ASTA white pepper is at 12,200 USD/ton.
Pepper prices in Brazil, after a slight increase in the previous session, also tend to stabilize, with the current purchase price reaching 6,850 USD/ton.
Vietnam's pepper export market is stable and slightly decreasing. Specifically, the export price of Vietnam's black pepper is currently at 6,900 USD/ton for 500 g/l; 550 g/l is at 7,100 USD/ton; the price of white pepper is at 9,900 USD/ton.
*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (March 4, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-432025-tang-nhe-376557.html
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