Pepper price today April 16, 2025: Continuous strong increase

Pepper price today April 16, 2025 in domestic market

Pepper prices today in some key growing areas have increased sharply compared to yesterday. Thereby, the domestic pepper price level is from 155,500 VND/kg to 158,000 VND/kg.

In the Central Highlands region, pepper price today in Dak Lak increased by 1,000 VND/kg compared to yesterday, currently at 158,000 VND/kg.

Pepper price today in Gia Lai increased by 1,500 VND/kg compared to yesterday, currently at 155,500 VND/kg.

Pepper price today in Dak Nong increased by 1,500 VND/kg compared to yesterday, currently at 158,000 VND/kg.

In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 156,000 VND/kg, an increase of 1000 VND/kg compared to yesterday. Dong Nai increased by 1000 VND/kg compared to yesterday at 156,000 VND/kg.

In addition, pepper price today in Binh Phuoc increased by 1,500 VND/kg compared to yesterday, currently at 155,500 VND/kg.

Domestic pepper prices are recovering strongly after a period of stagnation due to concerns that the US would impose a 46% reciprocal tax on Vietnamese goods, including pepper. When the US government announced a 90-day delay in implementing this tax, the market immediately became active again with rapidly increasing purchasing activities from international importers.

The tax deferral not only helps ease the waiting mentality but also allows businesses to import goods before the risk of increased costs returns after the extension period. This has contributed to creating momentum for pepper prices to recover quickly in recent days.

In the country, many farmers did not sell pepper immediately after harvesting but kept it because they had previously made good profits from durian and coffee. The stockpiling of goods after the harvest has caused a shortage of raw pepper supply in the market. In addition, information that this year's pepper output is lower than last year's also contributed to the price increase, with the expectation that it will soon reach 160,000 VND/kg.

According to data from the Vietnam Pepper and Spice Association (VPSA), in March 2025, Vietnam imported nearly 5,000 tons of pepper with a total value of nearly 29 million USD. Compared to the previous month, the import volume increased by nearly 69%, the value increased by more than 81%; compared to the same period last year, it increased by more than 32% and 104.9%, respectively.

Vietnam not only consumes raw materials domestically but also imports pepper from many other countries for processing and re-export. Thanks to the development of processing technology, Vietnam's pepper export output often exceeds domestic output. This is evidence of the processing capacity being improved, contributing to increasing the value of the pepper industry.

However, in the context of global trade with increasingly more tariff barriers, Vietnamese businesses are facing a big challenge: they must be more transparent in the supply chain and increase investment in deep processing if they want to maintain a long-term competitive advantage.

Pepper price today April 16 in the world market

In the world market, based on quotes from export enterprises and export prices in various countries, the International Pepper Community (IPC) has updated the prices of all types of pepper traded in the international market on April 15 (local time) as follows:

Indonesian Lampung black pepper prices decreased slightly compared to yesterday to reach 7,064 USD/ton (down 0.24%). In addition, Muntok white pepper prices decreased slightly compared to yesterday to reach 9,651 USD/ton (down 0.25%).

Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $6,850/mt.

Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,600/ton. Meanwhile, the country’s ASTA white pepper price also remained unchanged from yesterday at $12,100/ton.

Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of 500 gr/l black pepper in Vietnam reached 6,600 USD/ton; 550 gr/l reached 6,800 USD/ton.

Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,600/ton.

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Source: https://baonghean.vn/gia-tieu-hom-nay-16-4-2025-tang-manh-lien-tiep-10295206.html