Forecast for domestic pepper price tomorrow, April 7, 2025, will be stable and anchored at a fairly high level.
Today's pepper price was updated on the afternoon of April 6, 2025 as follows: The domestic pepper market is stable, unchanged compared to yesterday's strong increase. Currently, the average pepper purchase price in key areas is 154,200 VND/kg.
Specifically, today's pepper price in Gia Lai province remained stable compared to yesterday's price increase, 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 have been increasing with a stable trend, currently the pepper purchase price is also at 155,000 VND/kg.
Binh Phuoc pepper prices fluctuated little and remained high compared to yesterday. Currently, the local pepper purchase price is 154,000 VND/kg.
Pepper prices in Dak Nong are stable compared to yesterday's trading session, currently pepper is purchased at 155,000 VND/kg.
Domestic pepper prices updated on the afternoon of April 6, 2025 |
Statistics show that last week, pepper prices suddenly dropped sharply in the middle of the week but quickly recovered and regained a stable price shortly after. However, compared to the closing price of last week, pepper prices today have decreased by 5,400 VND/kg.
According to experts, the world pepper market is currently facing many challenges, especially the increase in tariffs from the US on imported goods from Vietnam. This has led to concerns in the pepper production and export industry. If supplies from major producing countries such as Vietnam, Indonesia and Brazil do not recover soon, global pepper prices may continue to remain high.
Experts say that based on the current situation, pepper prices are likely to remain high in the near future if demand from the food and processing industries continues to increase. However, if supply improves and tariff issues are resolved, prices may stabilize.
Farmers in Dak Nong province harvest pepper |
In addition, the world market is also maintaining stability, but still facing many challenges from US tax policies and declining production. Manufacturers and exporters need to closely monitor the situation to make timely adjustments to protect economic interests.
In other news, the American Spice Association is petitioning the US government to reconsider the new tax policy. Experts say that if supply from key countries such as Indonesia, Vietnam, and Brazil does not improve soon, the market may face a prolonged shortage.
Update world pepper prices on the afternoon of April 6, 2025 |
World pepper price forecast tomorrow April 7, 2025 is stable 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 6, 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 7, 2025) on Congthuong.vn.
Source: https://congthuong.vn/du-bao-gia-tieu-trong-nuoc-ngay-mai-742025-di-ngang-381790.html
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