Pepper price today April 17, 2025, domestic price maintained the increase

Domestic pepper price today - maintaining the upward trend

Today's pepper price was updated at 4:30 a.m. on April 17, 2025 as follows: The domestic pepper market maintained an upward trend compared to yesterday, an increase of 1,000 - 1,500 VND/kg. Currently, the average pepper purchase price in key areas is 157,700 VND/kg.

Specifically, today's pepper price in Gia Lai province maintained an upward trend compared to yesterday, an increase of 1,000 VND/kg, currently the pepper purchase price in this locality is at 156,500 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also increased, increasing by 1,000 VND/kg compared to yesterday, currently pepper is purchased at 157,000 VND/kg.

Pepper prices in Binh Phuoc also fluctuated the highest, increasing by 1,500 VND/kg compared to yesterday's trading session, currently the pepper price is purchased at 157,000 VND/kg.

Dak Nong pepper price also increased, increased by 1,000 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 159,000 VND/kg.

Pepper prices in Dak Lak continue to increase, up 1,000 VND/kg compared to yesterday. Currently, the pepper purchasing price in this locality is the highest in the country at 159,000 VND/kg.

Domestic pepper prices updated on the morning of April 17, 2025

Experts say that domestic pepper prices are recovering strongly after a period of stagnation due to concerns that the US will impose high reciprocal tariffs on Vietnamese goods, including pepper.

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.

Farmers in Dak Nong province harvest pepper

According to the Vietnam Pepper and Spices Association (VPSA), in 2024, Vietnam's pepper exports to the US reached 72,311 tons, recording a record increase of 33.2%; the total turnover reached 409 million USD, equivalent to 31% of Vietnam's total pepper export turnover to all markets. However, the Donald Trump administration's application of a 10% import tax on all goods imported into the US has created great concern for Vietnamese pepper exporting enterprises.

In the first months of 2025, many Vietnamese pepper enterprises signed many long-term orders with US importers, including orders with delivery dates until August and September this year. Previously, pepper exports to the US were almost tax-free, but currently, many shipments are being transported to the US; these shipments were signed for prices before there was information about the imposition of taxes.

Lush green pepper gardens, full of fruit, are grown in Dak Nong

World pepper prices today - market slightly down.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on April 17, 2025 as follows: the pepper market fluctuated slightly, in which Indonesian pepper prices continued to decrease, the decrease was from 13 - 17 USD/ton; markets in other countries remained unchanged compared to previous sharp increases and decreases.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,051 USD/ton; similarly, Muntok white pepper is currently purchased at 9,634 USD/ton.

The Malaysian pepper market is stable, sideways compared to the previous sharp decline. Currently, the price of Malaysian ASTA black pepper is purchased at 9,600 USD/ton and the price of ASTA white pepper is at 12,100 USD/ton.

Pepper prices in Brazil remain stable, currently purchasing price reaches 6,850 USD/ton.

The Vietnamese pepper market is flat and stable compared to the previous high session. Currently, the export price of Vietnamese black pepper is at 6,800 USD/ton for 500 g/l; 550 g/l is at 6,900 USD/ton and the price of white pepper is at 9,800 USD/ton.

Update world pepper prices on the morning of April 17, 2025

The pepper industry is waiting for specific tax rates on Vietnamese pepper to come up with further response measures. However, businesses still hope that the negotiations between the two governments will bring positive results.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-1742025-trong-nuoc-duy-tri-muc-tang-383418.html