Pepper price today 2/2/2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price on 2/2.
Domestic pepper price today
Today's pepper price was updated at 4:30 a.m. on February 2, 2025 as follows: The domestic pepper market maintained a stable trend, with little fluctuation and anchored at a fairly high level. This is a series of days with little price fluctuation during the Lunar New Year holiday of At Ty in 2025. Currently, the average pepper price in key markets is 147,600 VND/kg.
Specifically, pepper prices today in Gia Lai province remained stable and were purchased at 147,500 VND.
Pepper prices in Ba Ria - Vung Tau province continue to remain stable, but are still low compared to the whole country, the current purchase price is 147,000 VND/kg; similarly, pepper prices in Binh Phuoc remain stable compared to the previous trading session, currently the pepper purchase price is 147,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong are currently at a fairly high level, with the current purchase price of pepper in these two localities at 148,200 VND/kg.
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| Domestic pepper price updated on February 2, 2025 |
According to statistics from the Vietnam Pepper and Spices Association (VPSA), pepper export turnover in 2024 will reach 1.3 billion USD, an increase of more than 45% compared to 2023, exceeding the expectations of Vietnamese pepper processing enterprises, contributing to bringing pepper back to the list of billion-dollar agricultural export products.
Experts predict that global pepper output will continue to decline in 2025, marking the fourth consecutive year of decline. This decline reflects the fact that pepper is no longer a staple crop for many farmers, while climate change and extreme weather reduce productivity and increase production costs. However, pepper prices in Vietnam remain stable at around VND140,000 - 150,000/kg, thanks to stable demand from major markets such as the US and Europe.
China, although reducing pepper imports from Vietnam in 2024, faces low inventories and is expected to resume purchases after the Lunar New Year, when Vietnam’s main harvest begins. Brazil’s pepper output is forecast to recover, while Indonesia and India may reduce output due to weather impacts and investment difficulties, causing many Vietnamese farmers to limit investment in pepper.
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| Farmers in Dak Nong province take care of their pepper gardens. |
The International Pepper Community (IPC) said that the pepper market in the last week of January had a positive outlook, with no country reporting a decline in prices. Indian pepper prices, both domestic and international, continued to record an upward trend from last week.
According to Nam Yang Cooperative (Gia Lai), after learning many lessons, instead of choosing pure cultivation, people now focus on models of intercropping pepper with coffee and fruit trees.
Developing pepper in the direction of intercropping and polyculture will be sustainable, thereby helping farmers reduce investment costs and limit disease risks, moving towards safe agriculture. At that time, people will not overuse pesticides and chemical fertilizers on crops, instead using biological products and organic fertilizers to bring durability to the garden, helping to improve the quality of pepper products to enter the world market.
World pepper price today
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on February 2, 2025 as follows: the pepper market remains stable and is anchored at a fairly high level.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,165 USD/ton; similarly, Muntok white pepper is currently purchased at 9,672 USD/ton.
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.
Similarly, pepper prices in Brazil remain stable, currently the pepper purchase price in Brazil is at 6,150 USD/ton.
The export market for Vietnamese pepper continues to be stable. Specifically, the export price of Vietnamese black pepper is currently at 6,350 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l; the price of white pepper is at 9,550 USD/ton.
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| Update world pepper prices today February 2, 2025 |
China is a market with large fluctuations in importing Vietnamese pepper in 2024. Specifically, China has shifted to increasing imports of Indonesian pepper, reaching an increase of 76.8%, while the import volume of Vietnamese pepper has decreased by 82%.
Source: https://congthuong.vn/gia-tieu-hom-nay-222025-trong-nuoc-giu-xu-huong-binh-on-371861.html
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