Pepper price today April 10, 2025, highest market price 148,000 VND/kg

Domestic pepper price today - continues to decrease

Today's pepper price was updated at 4:30 a.m. on April 10, 2025 as follows: The domestic pepper market continued to decline, down 1,000 VND/kg compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 147,800 VND/kg.

Specifically, pepper prices today in Gia Lai province continued to decrease, down 1,000 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 147,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also decreased by 1,000 VND/kg, currently pepper is purchased at 148,000 VND/kg.

Pepper price in Dak Lak decreased by 1,000 VND compared to the previous trading session, currently the pepper price is purchased at 148,000 VND/kg.

Pepper prices in Binh Phuoc and Dak Nong continued to decrease compared to yesterday, down 1,000 VND/kg, currently the pepper purchase price in these two localities is at 148,000 VND/kg.

Domestic pepper prices updated on the morning of April 10, 2025

Experts say that in the coming time, if supply improves and tariff issues are resolved, pepper prices may stabilize. However, if the situation does not improve, pepper prices may continue to fall sharply.

In the context of the world market also having fluctuations, experts recommend that closely monitoring the price situation and tax policy is very necessary to ensure stability for the Vietnamese pepper industry.

Vietnam is currently the largest pepper supplier to the US market, accounting for 77% of the total pepper imported by this country. However, with the US imposing a reciprocal tax of up to 46% on Vietnamese pepper, the domestic pepper industry is facing many major challenges.

Farmers in Dak Nong province harvest pepper after harvest.

The US reciprocal tax policy has caused great impacts on the Vietnamese pepper market. While Brazil only has to pay a tax rate of 10%. This not only affects exporting enterprises but also directly impacts pepper farmers, reducing the motivation for production and expanding the cultivation area.

The Vietnam Pepper and Spice Association (VPSA) quickly proposed that the Government negotiate with the US to reduce or postpone the application of reciprocal taxes. In addition, VPSA also requested that the Government adopt appropriate financial policies to support businesses exporting to the US, reduce transportation costs, and stabilize raw material areas in the medium and long term.

In the long term, businesses need to be more proactive and focus more on increasing deep processing; gradually shifting away from raw exports, diversifying markets, reducing dependence on one large market, and avoiding price pressure at peak times.

Pepper gardens grown in Dak Nong

World pepper prices continue to fall today

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on April 10, 2025 as follows: the pepper market continues to fluctuate downward. In particular, pepper prices in Indonesia continue to decrease slightly compared to yesterday's trading session; pepper prices in Vietnam, after many days of stability, have plummeted; markets in other countries are flat and stable.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,078 USD/ton; similarly, Muntok white pepper is currently purchased at 9,710 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 have stabilized after previous declines, with the current purchase price reaching $6,800/ton.

Vietnam's pepper export market has been "shaken" and plummeted, down by 500 USD/ton. Specifically, the export price of Vietnamese black pepper is currently at 6,600 USD/ton for 500 g/l; 550 g/l is at 6,800 USD/ton and white pepper is at 9,600 USD/ton.

Update world pepper prices on the morning of April 10, 2025

According to VPSA, there is currently no exact information on how much tax the US will impose on pepper and spices, except for a minimum of 10%. Therefore, the association recommends that businesses be proactive in all situations in which they are subject to a minimum tax of 10% or a maximum of 46% as announced by the US.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-1042025-thi-truong-cao-nhat-148000-dongkg-382266.html