Pepper price today 4/11/2025, market fluctuates up

Domestic pepper price today - "green" returns

Today's pepper price was updated at 4:30 a.m. on April 11, 2025 as follows: The domestic pepper market suddenly increased again, an increase of 1,000 - 2,000 VND/kg compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 149,200 VND/kg.

Specifically, today's pepper price in Gia Lai province suddenly increased again compared to yesterday, an increase of 1,000 VND/kg, currently the pepper purchase price in this locality is at 148,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also increased compared to the previous trading session, an increase of 1,000 VND/kg, currently pepper is purchased at 149,000 VND/kg.

Pepper prices in Binh Phuoc also increased again, currently the pepper price is purchased at 149,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong have increased quite a bit, with 2,000 VND/kg compared to yesterday. Currently, the pepper purchase price in these two localities is at the same level of 150,000 VND/kg.

Domestic pepper prices updated on the morning of April 11, 2025

The Vietnam Pepper and Spice Association (VPSA) said that the US's 90-day postponement of reciprocal tariffs is good news for the industry, so pepper prices will certainly increase again after falling by about VND10,000/kg in just one week.

According to VPSA, the signed contracts to the US are being re-promoted. The parties will temporarily finalize the price during the 90-day delay. Vietnamese pepper will be subject to an additional 10% tax, but all sources of supply will have the same tax rate, so it will not affect competition.

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

Farmers in Dak Nong province harvest pepper

However, some pepper export orders have been temporarily suspended by US partners and they are waiting for more information on tax policies. This situation has directly affected domestic production activities. Exporting enterprises are at risk of temporary liquidity loss, high inventory levels, and stagnant raw material purchases, causing pepper prices to continuously decrease in recent days.

Without timely solutions, Vietnam may lose market share in the US market. This will also affect export turnover in 2025, causing the cultivation area of ​​raw materials to be at risk of shrinking.

Pepper gardens grown in Dak Nong

World pepper prices today - market recovery and sideways

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on April 11, 2025 as follows: the pepper market tends to recover and move sideways after previous sharp declines. In which, pepper prices in Indonesia rebounded, increasing from 69 - 95 USD/ton; pepper prices in Vietnam stabilized after a sharp decline; markets in other countries moved sideways and were stable.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,147 USD/ton; similarly, Muntok white pepper is currently purchased at 9,805 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.

The Vietnamese pepper market has stabilized and is now flat. The current export price of Vietnamese black pepper is at 6,600 USD/ton for 500 g/l; 550 g/l is at 6,800 USD/ton and the price of white pepper is at 9,600 USD/ton.

Update world pepper prices on the morning of April 11, 2025

According to statistics, in 2024, Vietnam exported more than 72,300 tons of pepper to the US, an increase of 33.2% over the previous year. The turnover reached 409 million USD, accounting for 31% of the total pepper export turnover of the country.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-1142025-thi-truong-bien-dong-tang-382437.html