Pepper price today February 14, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price February 14.
Domestic pepper price today
Today's pepper price was updated at 4:30 a.m. on February 14, 2025 as follows: The domestic pepper market continued to decrease sharply, with a decrease of about 2,000 VND/kg depending on the locality. Currently, pepper prices have dropped to 160,000 VND/kg; the average pepper purchase price in key areas is 159,400 VND/kg.
Specifically, pepper prices today in Gia Lai province continued to decrease sharply after previous increases, down 2,500 VND/kg, currently pepper is purchased at 159,000 VND/kg.
Similarly, pepper prices in Binh Phuoc and Dak Nong provinces also decreased by VND2,000/kg compared to the previous trading session, currently pepper prices in these two localities are VND159,000/kg and VND160,000/kg, respectively.
Pepper price in Ba Ria - Vung Tau also decreased by 2,000 VND/kg, currently the purchase price is 159,000 VND/kg.
Pepper prices in Dak Lak continued to decrease, down 2,000 VND/kg compared to the previous trading session, currently the purchasing price in this locality is 160,000 VND/kg.
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| Domestic pepper price updated on February 14, 2025 |
Experts say pepper prices may continue to rise in the short term, especially if China, one of the largest customers of Vietnamese pepper, increases imports again. However, pepper prices may stagnate as supplies from the new harvest are gradually replenished.
Besides, pepper prices have decreased in the last two sessions, but the market is still in an upward trend thanks to the purchasing pace of important markets such as the United States and China, so the price range can increase sharply or only about 10-15%.
Therefore, businesses need to closely monitor market developments and purchasing movements from partners to have appropriate purchasing, storage and cash flow plans, both to increase output and export turnover and to ensure business efficiency.
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| Farmers in Dak Nong province harvest pepper |
Currently, pepper growing provinces in the Central Highlands have begun harvesting the main pepper crop, however, this work is taking place slower than in previous years due to a lack of labor and the impact of climate change.
This year’s pepper harvest season, farmers are very excited because of the high pepper prices. This has encouraged them to continue investing in garden care and improving product quality. However, productivity in some areas has decreased due to the impact of the weather. In Dak Nong, the pepper growing area is stable at 34,000 hectares, with an average yield of about 2.4 tons/ha, total output reaching about 70,000 tons per year.
According to the Vietnam Pepper and Spices Association (VPSA), in 2025, global pepper output is forecast to continue to decrease while stable consumption demand is the driving force for Vietnam's pepper exports this year.
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| Lush green pepper gardens are grown in Dak Nong province. |
World pepper price today
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on February 14, 2025 as follows: the market is vibrant and increasing again. In particular, pepper prices in Brazil increased sharply, increasing by 100 USD/ton, in Indonesia increased slightly; other countries maintained stable levels and anchored at high levels.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,258 USD/ton (up 7 USD/ton); Muntok white pepper is currently purchased at 10,019 USD/ton (up 9 USD/ton) compared to the previous trading session.
The Malaysian pepper market continues to remain stable and at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,000 USD/ton and the price of ASTA white pepper is at 11,600 USD/ton.
Pepper prices in Brazil continued to increase by 100 USD/ton compared to the previous trading session and remained at a fairly high level, currently purchasing at 6,800 USD/ton.
The export market for Vietnamese pepper continues to be stable and slightly increasing. Specifically, the export price of Vietnamese black pepper is currently at 6,500 USD/ton for 500 g/l; 550 g/l is at 6,650 USD/ton; and the price of white pepper is at 9,550 USD/ton.
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| Update world pepper prices today February 14, 2025 |
According to information from Comexstat cited by the Vietnam Pepper and Spice Association, in January 2025, Brazil exported 4,339 tons of pepper, earning 27.1 million USD. Although the export volume decreased by 28.1% compared to the same period last year, the export value increased by 36.9%.
Of which, Vietnam is Brazil's largest market, accounting for 28.6% with 1,242 tons, followed by countries such as UAE, India, Senegal and Egypt.
Source: https://congthuong.vn/gia-tieu-hom-nay-1422025-trong-nuoc-tiep-tuc-giam-manh-373623.html
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