Pepper price today March 23, 2025 in the country is the highest, exceeding 160,000 VND/kg

Pepper price today March 23, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 23.

Domestic pepper prices today are stable, anchored at a high level.

Today's pepper price was updated at 4:30 a.m. on March 23, 2025 as follows: The domestic pepper market remains high and stable, with little price fluctuation compared to yesterday. Currently, the average pepper purchase price in key areas is 159,500 VND/kg.

Specifically, today's pepper price in Gia Lai province decreased and remained stable compared to the previous trading session, currently the pepper purchase price in this locality is at 159,000 VND/kg. Similarly, pepper price in Ba Ria - Vung Tau is also purchased at 159,000 VND/kg.

Binh Phuoc pepper prices have stabilized after a slight increase in the previous session, 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 23, 2025

Experts predict that 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.

In the first two months of the year, pepper exports to China increased sharply by 86.6% compared to the same period last year. Although the increase has not reached expectations, this is still a positive signal for the pepper industry.

Farmers in Dak Nong province harvest pepper

According to the Vietnam Industry and Trade Information Center (VITIC), weather conditions are quite favorable in the main pepper harvesting areas across the country. Up to now, Dak Nong and Lam Dong provinces have harvested about 50% of the area, Gia Lai reached 40% and Dak Lak is 20%, in other localities in the Southeast region such as Dong Nai, Binh Phuoc and Ba Ria Vung Tau, about 30% has been harvested.

This year, farmers harvested later than usual. As pepper prices rose, many farmers let their pepper ripen longer to increase the weight and value of the product before selling.

Currently, domestic pepper prices are at their highest level in the past 8 years. During the week, the International Pepper Community increased Vietnam's pepper export prices by 100 USD/ton. In the first 15 days of March 2025, Vietnam exported 7,139 tons of pepper, with a total export turnover of 49.1 million USD.

Pepper gardens grown in Dak Nong province

World pepper prices remain stable today.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 23, 2025 as follows: the market is stable and less volatile 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 are currently stable after the previous increase and are anchored at a high level, currently purchasing prices reaching 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 23, 2025

The US, India and Germany were the three largest export markets of Vietnam in the first half of March, reaching 1,268 tons, 649 tons and 638 tons respectively. The amount of pepper exported did not change significantly compared to previous months, although the new crop had reached the market. China has not shown any signs of increasing its purchase of pepper from Vietnam.

Source: https://congthuong.vn/gia-tieu-hom-nay-2332025-trong-nuoc-cao-nhat-vuot-160000-dongkg-379513.html