Pepper price today March 18, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 18.
Domestic pepper prices today increase and decrease alternately.
Today's pepper price was updated at 4:30 a.m. on March 18, 2025 as follows: Domestic pepper prices have a slight increase - decrease between localities compared to the previous trading session. Currently, the average pepper purchase price in key areas is 158,600 VND/kg.
Specifically, today's pepper price in Gia Lai province remains stable, with little fluctuation compared to the most recent trading session. Currently, the pepper purchase price in this locality is at 158,000 VND/kg.
Similarly, pepper prices in Ba Ria - Vung Tau remain stable, currently pepper is purchased at 158,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong provinces increased by 1,000 VND/kg compared to yesterday. Currently, the pepper purchasing price of traders in these two localities is at 160,000 VND/kg.
On the contrary, pepper price in Binh Phuoc province decreased by 1,000 VND/kg, currently pepper price in this locality is only 157,000 VND/kg, the lowest in the country.
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| Domestic pepper prices updated on the morning of March 18, 2025 |
Limited supply, low new crop yield, increased consumption demand, and unfavorable weather in pepper growing countries are reasons why pepper prices are expected to increase in the coming time.
According to the Vietnam Pepper and Spice Association, global pepper supply is being affected by severe weather in major producing countries. In Vietnam, pepper output in the 2024-2025 crop year is expected to decrease by about 5% compared to the previous year due to prolonged drought and high production costs.
Global demand for pepper continues to increase strongly, especially from large markets such as the US and Europe. This brings great opportunities for Vietnamese pepper exporters, especially when Vietnamese pepper products are increasingly asserting their position in the international market.
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| Farmers in Dak Nong province harvest pepper |
According to experts, after many years of falling prices, pepper has now peaked again, even surpassing the threshold of 160,000 VND/kg. The high price of pepper has brought garden owners more profits and restored their confidence in this valuable crop.
According to VPA data, in the first two months of 2025, Vietnam exported about 45,000 tons of pepper, up 3% in volume and 12% in value over the same period last year. This shows that Vietnam's pepper export value is improving thanks to high demand from international markets.
With the current supply and demand situation, the Vietnamese pepper industry is facing many great opportunities for development, especially in export. However, businesses need to pay attention to factors such as production costs and market fluctuations to optimize profits.
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| Pepper gardens grown in Gia Lai province |
World pepper prices today increased slightly again.
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 18, 2025 as follows: the market is bustling again compared to yesterday's trading session, in which pepper prices in Indonesia increased slightly again, increasing from 31 - 56 USD/ton; pepper prices in other countries are anchored at a high level.
Specifically, IPC listed the price of Indonesian Lampung black pepper to increase slightly again after many flat sessions, currently at 7,321 USD/ton; the price of Muntok white pepper is currently purchased at 10,238 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 9,800 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.
Pepper prices in Brazil have fluctuated little and are currently anchored at a fairly high level, with the current purchase price reaching 6,900 USD/ton.
Vietnam's pepper export market is stable and increasing slightly. Specifically, the export price of Vietnam's black pepper is currently at 7,000 USD/ton for 500 g/l; 550 g/l is at 7,200 USD/ton and the price of white pepper is at 10,000 USD/ton.
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| Update world pepper prices on the morning of March 18, 2025 |
In February 2025, the average export price of Vietnam's pepper reached 6,774 USD/ton, up 0.3% compared to January 2025 and up 67.1% compared to February 2024. In the first two months of 2025, the average export price of Vietnam's pepper reached 6,763 USD/ton, up 68% over the same period in 2024.
Source: https://congthuong.vn/gia-tieu-hom-nay-1832025-trong-nuoc-chenh-lech-tang-va-giam-378714.html
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