Pepper price forecast tomorrow March 5, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 5.
Domestic pepper price forecast tomorrow March 5, 2025 continues to increase and remains at a high level.
Today's pepper price was updated on the afternoon of March 4, 2025 as follows: Domestic pepper prices maintained an increase compared to yesterday. However, there is a mix of increases and stability between localities. Currently, the average pepper purchase price in key areas is 158,300 VND/kg.
Specifically, today's pepper price in Gia Lai province remained stable compared to the previous trading session, currently the pepper purchase price in this locality is at 157,000 VND/kg.
Similarly, pepper prices in Binh Phuoc have fluctuated little compared to yesterday, currently pepper is purchased at 150,000 VND/kg. Pepper prices in Dak Nong province remain stable compared to the previous trading session, currently traders are purchasing pepper in this locality at 159,200 VND/kg.
Pepper price in Dak Lak province increased slightly compared to yesterday, an increase of 200 VND/kg, currently the pepper purchase price is at 159,200 VND/kg.
Pepper prices in Ba Ria - Vung Tau province increased the most, an increase of 1,000 VND/kg compared to yesterday, currently pepper is purchased at 158,000 VND/kg.
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| Domestic pepper price updated on March 4, 2025 |
According to the forecast of the Vietnam Pepper and Spice Association (VPSA), global pepper output continues to decrease while consumption demand remains stable, creating favorable conditions for Vietnamese pepper exports.
The strong growth in pepper export value in the first months of 2025 is explained by many factors, including the forecast decrease in global pepper production in 2025, leading to scarcity and pushing up prices. Global pepper consumption demand remains stable, especially in major markets such as the United States and Europe.
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.
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| Farmers in Dak Nong province dry pepper after harvest. |
Experts say pepper prices are rising due to reduced global supply, while demand in the US, Europe and China is stable. However, the market may slow down when the new harvest replenishes supply.
In Dak Nong, the locality with the largest pepper growing area in the country, farmers promote organic farming and apply high technology to increase product value.
In recent years, pepper cultivation in the Central Highlands, especially in Dak Nong province, has had many positive changes, gradually shifting towards organic and ecologically diverse gardens. According to VPSA, Dak Nong pepper has a geographical indication, people and businesses pay attention to increasing the value of pepper. In the long term, Dak Nong people need to promote the application of standard farming methods, limit pesticides, ensure food safety...
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| Update world pepper prices today March 4, 2025 |
World pepper price forecast tomorrow March 5, 2025 remains 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 4, 2025 as follows: the pepper market is vibrant and increasing again, in which pepper prices in Indonesia increased sharply, increasing from 65 - 177 USD/ton compared to yesterday; markets in other countries are stable and anchored at high levels.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,300 USD/ton (up 65 USD/ton); Muntok white pepper is currently purchased at 10,136 USD/ton (up 177 USD/ton).
The Malaysian pepper market remains stable, 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 increasing slightly. 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; and 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 5, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-532025-tiep-da-tang-376711.html
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