Forecast of domestic pepper price tomorrow, April 6, 2025, slight increase

Forecast of domestic pepper price tomorrow April 6, 2025, slightly increase.

Today's pepper price was updated on the afternoon of April 5, 2025 as follows: The domestic pepper market reversed and increased again compared to yesterday, an increase of 2,500 - 3,000 VND/kg. Currently, the average pepper purchase price in key areas is 154,200 VND/kg.

Specifically, today's pepper price in Gia Lai province reversed and increased compared to yesterday's trading session, an increase of 2,500 VND/kg, currently the pepper purchase price in this locality is at 153,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau rebounded after a sharp decline in the previous session, increasing by 3,000 VND/kg, and are currently being purchased at 154,000 VND/kg.

Pepper prices in Dak Lak increased again compared to yesterday, an increase of 3,000 VND/kg, currently pepper is purchased at 155,000 VND/kg.

Binh Phuoc pepper prices are on an upward trend after a sharp decline in the previous session. Currently, the local pepper purchase price is 154,000 VND/kg.

Pepper prices in Dak Nong also fluctuated sharply, increasing by 3,000 VND/kg, currently the pepper price is purchased at 155,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 5, 2025

According to experts, although pepper prices have decreased after the US imposed reciprocal tariffs on other countries, if supply from major producing countries does not improve soon, the world market may enter a period of shortage - especially when the demand for pepper in the food industry increases, pepper prices may increase again.

Experts say the pepper market reacted immediately to the US imposing tariffs on other countries, including a reciprocal tax rate of up to 46% on Vietnam. After the tax announcement, the domestic pepper market reversed and plummeted. The following day, the Prime Minister requested ministries and sectors to have effective solutions to overcome external shocks, especially in the context of the pandemic and global conflicts.

In addition, the export market fell into a passive position in the context of the USD index rising sharply again after the cautious statement of the Fed Chairman. At the same time, the pressure from the pepper crop output decreasing by 20-30% due to bad weather, combined with the hoarding mentality of farmers, made transactions even more sluggish.

Farmers in Gia Lai province dry pepper after harvest.

However, in the first two months of the year, pepper export value still increased by nearly 49% despite the decrease in output. Processed product lines such as ground black pepper and whole white pepper recorded good growth, helping to maintain the growth momentum of the entire industry.

Experts predict that if production in major producing countries such as Vietnam, Indonesia and Brazil does not recover soon, global pepper prices may continue to remain high. Demand for pepper in the food and spice industry is increasing, which may lead to a supply shortage in the near future.

Faced with that situation, manufacturers and exporters need to closely monitor the situation to make timely adjustments to protect economic interests.

Update world pepper prices on the afternoon of April 5, 2025

World pepper price forecast tomorrow April 6, 2025 is flat and slightly increased.

According to forecasts, world pepper prices will increase tomorrow, however there will still be slight fluctuations between countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of April 5, 2025 as follows: pepper market is stable, sideways and 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 9,850 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.

Pepper prices in Brazil stabilized after a slight decrease in the previous session, currently purchasing prices reached 6,950 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 (April 6, 2025) on Congthuong.vn.

Tuan My

Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-642025-tang-nhe-381666.html