Pepper price today March 24, 2025 in the country remains high

Pepper price today March 24, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 24.

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

Today's pepper price was updated at 4:30 a.m. on March 24, 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 24, 2025

Pepper prices today (March 24) in the domestic market are trading at 159,000 - 160,500 VND/kg, unchanged from the previous day, but up 1,000 - 1,500 VND/kg compared to a week ago. In the world market, pepper prices also increased by 100 USD/ton in key producing countries.

In the short term, domestic pepper prices are expected to remain stable at a high level, with the possibility of a slight increase due to increased export demand. In the international market, pepper prices may continue to increase, especially black pepper, thanks to strong demand from major markets.

According to experts, there are many factors affecting the current pepper price, including: Major pepper producing countries such as Vietnam, Indonesia and Brazil are all facing a decrease in production due to unfavorable weather. Consumption demand is increasing because major consumer markets such as the US and Europe are increasing pepper imports to serve the food and spice industry. In addition, the US dollar remains high, supporting pepper prices in the international market.

Farmers in Gia Lai province dry pepper after harvest.

Domestically, pepper prices are stable and high. Domestic consumption demand is stable, especially in processing and exporting enterprises. Currently, major pepper growing regions such as the Central Highlands are entering the final stages of the season, causing supply to not fluctuate much. Pepper export prices increased slightly, creating positive momentum for the domestic market.

The Center for Industry and Trade Information - Ministry of Industry and Trade (VITIC) commented that improved consumption demand from major markets such as the EU, the US and some Asian countries helped increase pepper prices, even when the harvest is taking place in Vietnam.

Pepper gardens grown in Gia Lai

World pepper prices remain stable today.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 24, 2025 as follows: the market is stable and less volatile compared to the most recent 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 price 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 24, 2025

Currently, the supply from Vietnam is still limited, farmers and traders continue to hoard goods, selling very little after the harvest season. Vietnam exported 7,139 tons of pepper, earning 49.1 million USD in the first half of March 2025. The amount of pepper exported has not changed significantly compared to previous months.

Source: https://congthuong.vn/gia-tieu-hom-nay-2432025-trong-nuoc-duy-tri-muc-cao-379631.html