Pepper price today March 22, 2025 in the country decreased by 500 VND/kg

Pepper price today March 22, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 22.

Domestic pepper prices fell slightly today.

Today's pepper price was updated at 4:30 a.m. on March 22, 2025 as follows: The pepper market fluctuated slightly, down 500 VND/kg compared to yesterday, however, in some localities, pepper prices remained stable and remained high. Currently, the average pepper purchase price in key areas is 159,500 VND/kg.

Specifically, today's pepper price in Gia Lai province decreased slightly, down 500 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 159,000 VND/kg.

Similarly, pepper price in Ba Ria - Vung Tau decreased by 500 VND/kg, currently pepper is purchased at 159,000 VND/kg.

After a slight increase in the previous session, pepper prices in Binh Phuoc have decreased by 500 VND/kg, currently the local pepper price is at 159,000 VND/kg.

Pepper prices in Dak Lak province are stable, with little fluctuation compared to the previous trading session. Currently, the pepper purchase price is at 160,000 VND/kg.

Pepper prices in Dak Nong province are stable. Currently, the pepper purchase price in this locality is the highest in the country at 160,500 VND/kg.

Domestic pepper prices updated on the morning of March 22, 2025

According to experts, in the short term, domestic pepper prices may continue to decrease slightly due to pressure from increased local supply during the harvest season. In the international market, pepper prices are expected to maintain an upward trend due to high demand and limited supply.

The Vietnam Pepper and Spice Association said that pepper consumption demand has improved from major markets such as the EU, the US and some Asian countries. However, farmers and traders continue to stockpile goods and sell them in small quantities after the harvest season.

According to the latest report from Ptexim, consumption demand has shown signs of strong improvement from major markets such as the EU, the US and some Asian countries. However, farmers and traders still maintain the habit of hoarding goods, causing the amount of pepper released to the market to be quite small after the harvest season.

Farmers in Dak Nong province harvest and take care of pepper

To take advantage of the possibility of future price increases, exporters and traders are actively building up their reserves, despite financial difficulties and storage constraints. The current financial situation is quite difficult as access to capital is limited, increasing the cost of buying and selling. High interest rates affect profits, while cash flow is also constrained during the seasons, especially during peak purchasing periods.

In terms of demand, the Chinese market is showing signs of being quite cautious in purchasing, which is putting pressure on pepper prices. In addition, the hesitation in purchasing from major markets along with increasingly fierce competition among Vietnamese pepper exporters has made the situation even more tense.

Experts say that this year, after harvest, most farmers do not intend to sell immediately but proactively stock up, selling only a small amount when really necessary. They believe that pepper prices will increase sharply in 2025 and 2026, so they are not under pressure to sell even if pepper prices are adjusted.

Pepper gardens grown in Dak Nong

World pepper prices today are stable and slightly decreased.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 22, 2025 as follows: the market is stable and slightly decreased in Indonesia compared to yesterday's trading session.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,267 USD/ton; similarly, Muntok white pepper is currently purchased at 10,207 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 9,900 USD/ton and the price of ASTA white pepper is at 12,400 USD/ton.

Pepper prices in Brazil, after many "quiet" and sideways sessions, have increased again, currently the purchase price has reached 7,000 USD/ton.

Vietnam's pepper export market is stable and increasing slightly. Specifically, the export price of Vietnam's black pepper is currently at 7,100 USD/ton for 500 g/l; 550 g/l is at 7,300 USD/ton and the price of white pepper is at 10,100 USD/ton.

Update world pepper prices on the morning of March 22, 2025

Up to now, Dak Nong and Lam Dong have harvested about 50% of the area, Gia Lai reached 40% and Dak Lak is 20%, while localities in the Southeast region such as Dong Nai, Binh Phuoc and Ba Ria - Vung Tau have harvested about 30%.

Source: https://congthuong.vn/gia-tieu-hom-nay-2232025-trong-nuoc-giam-500-dongkg-379399.html