Pepper price forecast tomorrow March 6, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 6.
Domestic pepper price forecast tomorrow, March 6, 2025, maintains a slight increase and continues to stay at a high level.
Today's pepper price was updated on the afternoon of March 5, 2025 as follows: Domestic pepper prices continued to increase compared to yesterday. However, the increase was mixed between increasing and stabilizing between localities. Currently, the average pepper purchase price in key areas is 159,100 VND/kg.
Specifically, today's pepper price in Gia Lai province increased by 1,000 VND compared to yesterday, currently the pepper purchase price in this locality is at 158,000 VND/kg.
Similarly, pepper price in Dak Lak province continued to increase by 1,300 VND/kg, currently pepper price in this locality is purchased at 160,500 VND/kg.
Pepper prices in Dak Nong province increased the most compared to yesterday's trading session, an increase of 1,800 VND/kg. Currently, pepper prices in this locality are the highest in the country, at 161,000 VND/kg.
Pepper prices in Ba Ria - Vung Tau remained stable compared to yesterday, currently purchased at 158,000 VND/kg. Pepper prices in Binh Phuoc province remained stable compared to the previous trading session, currently at 158,000 VND/kg.
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| Domestic pepper price updated on March 5, 2025 |
Pepper prices are on the rise thanks to a decline in global supply while demand in major markets such as the US, Europe and China remains stable. Since the beginning of 2025, domestic pepper prices have increased by VND10,000 - 12,000/kg, with an increase of VND10,000 - 11,000/kg in February 2025 alone. Currently, pepper prices range from VND157,000 - 159,000/kg, 65 - 70% higher than the same period last year.
The decline in pepper production stems from a trend of shrinking planting areas over the past 10 years, as many farmers switch to higher-value crops such as coffee and durian. However, the outlook for Vietnam’s pepper industry in 2025 remains positive thanks to strong demand. According to the Vietnam Pepper and Spices Association (VPSA), global pepper production continues to decline, creating an export advantage for Vietnam.
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| Farmers in Dak Nong province harvest pepper |
Vietnam's Pepper and Spice Industry continues to affirm its important position in the global market, accounting for 40% of total output and nearly 55% of world pepper export turnover. However, in the context of increasingly fierce integration and competition, improving quality, risk management and expanding cooperation opportunities are core factors for the industry to develop sustainably.
According to statistics from experts, the current pepper growing area is only 15% of the coffee area and 12% of the rubber area, but the export value contributes 23% to the coffee industry (5.6 billion USD) and 38% to the rubber industry (3.4 billion USD). This shows the great potential of the pepper industry if invested in the right direction and increased added value.
Ms. Hoang Thi Lien - President of the Vietnam Pepper and Spice Association (VPSA) affirmed that with its leading position in the world, Vietnam is not only a country exporting raw materials but is also shifting to developing deeply processed products, increasing export value. However, the industry also faces many challenges, from climate change, pressure from harmful organisms, increasingly strict quality requirements from the international market, and increasing transportation costs.
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| Update world pepper prices today March 5, 2025 |
World pepper price forecast tomorrow, March 6, 2025, will increase slightly and stabilize
According to forecasts, world pepper prices tomorrow will increase slightly, 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 5, 2025 as follows: the pepper market is vibrant, continuing to increase compared to yesterday; in which pepper prices in Indonesia continue to increase slightly, increasing from 28 - 39 USD/ton; markets in other countries are stable and anchored at high levels.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,328 USD/ton (up 28 USD/ton); Muntok white pepper is currently purchased at 10,175 USD/ton (up 39 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 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 6, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-632025-tang-nhe-376867.html
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