Pepper price today April 14, 2025, domestic market remains high

Domestic pepper prices today - stable and high.

Today's pepper price was updated at 4:30 a.m. on April 14, 2025 as follows: The domestic pepper market is stable, sideways and at a high level compared to yesterday. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.

Specifically, today's pepper price in Gia Lai province is stable compared to yesterday's trading session, currently the pepper purchasing price in this locality is at 154,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau fluctuated little, staying at a high level, currently pepper is purchased at 155,000 VND/kg.

Pepper prices in Binh Phuoc have remained stable compared to the previous trading session, currently the pepper price is purchased at 154,000 VND/kg.

Dak Nong pepper price remains stable compared to yesterday, currently the pepper purchase price in this locality is at 156,500 VND/kg.

Pepper prices in Dak Lak have remained stable compared to the previous high session. Currently, pepper purchasing prices in this locality are the highest in the country at 157,000 VND/kg.

Domestic pepper prices updated on the morning of April 14, 2025

According to statistics, pepper prices are at 154,000 - 157,000 VND/kg, 1,000 - 2,000 VND/kg higher than last week. Meanwhile, world pepper prices have dropped sharply in the past week.

According to experts, the sharp increase in pepper prices in recent sessions is due to information from the US about the temporary suspension of import tax for 90 days. This has created positive sentiment among farmers and exporters, encouraging them to maintain production and not sell off goods.

The Vietnam Pepper and Spice Association (VPSA) said that previously, pepper exports to the US were almost tax-free. Currently, many shipments are on their way to the US, these shipments were previously signed on price when there was no information about tax imposition.

Farmers in Gia Lai province dry pepper after harvest.

According to businesses, it is likely that import partners will renegotiate prices, and Vietnamese pepper exporting businesses and US import partners may have to share tax costs.

According to VPSA, while Vietnam and the US are still negotiating on taxes, the pepper industry should focus on improving productivity, quality, and reducing costs to compete with other pepper exporting countries.

To reduce risks from US policies, VPSA recommends that pepper exporting enterprises need to have flexible response plans. Instead of making monthly or yearly business plans, switch to weekly export plans and closely follow fluctuations in commodity prices to react appropriately.

Lush green pepper gardens are grown in Gia Lai

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 14, 2025 as follows: the pepper market tends to be stable, sideways compared to previous consecutive increases and decreases.

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 stabilized after previous slight increases, currently at $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 14, 2025

Vietnamese pepper exporters need to proactively seek new markets to create new business opportunities. Pepper exports to Europe, Japan, and Middle Eastern countries have grown well thanks to tariff incentives and high demand for sustainably developed, deeply processed products.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-1442025-trong-nuoc-thi-truong-giu-muc-cao-382835.html