Pepper price today March 26, 2025 in the country turned to decrease sharply

Domestic pepper prices today the market turned down sharply.

Today's pepper price was updated at 4:30 a.m. on March 26, 2025 as follows: The pepper market suddenly turned around and decreased sharply compared to yesterday, a decrease of 3,000 - 3,500 VND/kg. Currently, the average pepper purchase price in key areas is 156,400 VND/kg.

Specifically, today's pepper price in Gia Lai province has turned down sharply, down 3,000 VND/kg, currently the pepper purchase price in this locality is 156,000 VND/kg. Similarly, pepper price in Ba Ria - Vung Tau fluctuated down, currently the pepper purchase price is 156,000 VND/kg.

After a slight increase in the previous session, Binh Phuoc pepper prices have decreased by 3,000 VND/kg, currently the local pepper price is at 156,000 VND/kg.

Pepper prices in Dak Lak province also decreased sharply, down 3,000 VND/kg, currently the pepper purchase price is at 157,000 VND/kg.

Pepper prices in Dak Nong province decreased the most, down 3,500 VND/kg compared to the previous trading session. Currently, the pepper purchase price in this locality is at 157,000 VND/kg.

Domestic pepper prices updated on the morning of March 26, 2025

Experts say that in the short term, people have the mentality of stockpiling goods and waiting for prices to rise before bringing them to the market, causing the consumer market to somewhat stagnate.

Faced with rising prices, businesses and traders are increasing their stockpiling. However, they face many challenges such as high bank interest rates, limited storage space and seasonal cash flow pressures. In the context of increasing demand from the EU, the US and Asia, the pepper market outlook is still considered positive.

According to the General Department of Customs, Vietnam's pepper exports in the first 15 days of March reached 8,596 tons, worth 59.8 million USD, down 26.3% in volume and up 18.8% in value over the same period in 2024.

Farmers in Dak Nong province harvest pepper

Accumulated from the beginning of 2025 to March 15, pepper exports reached 35,802 tons, worth 243.9 million USD, down 15.8% in volume but up 39.7% in value over the same period last year.

This year, Vietnam’s pepper output is forecast to decrease due to the impact of climate change. At the same time, income from other crops such as durian, coffee and avocado helps many households not to be under financial pressure, causing pepper sales to be small.

Regarding the market outlook in the coming time, experts say there will be big fluctuations. Although the new crop has been released to the market with increasing volume, the "hoarding" mentality of farmers this year is still very strong, leading to them limiting sales. High pepper prices make businesses and traders store less, so the possibility of price manipulation like in previous years will be difficult to happen. However, in the long term, the growth momentum still has bright prospects when consumption demand remains high and there are expectations that China will soon increase imports again.

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 26, 2025 as follows: the pepper market is stable, with little fluctuation compared to yesterday's trading session.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,241 USD/ton; similarly, Muntok white pepper is currently purchased at 10,069 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 remains high. 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 26, 2025

According to the latest report from Ptexim, the current pepper price in the domestic market in Vietnam is VND 157,000/kg, an increase of more than 65% compared to the same period in 2024 (VND 92,000/kg). The sharp decrease in exports and high prices are signs that the pepper supply in 2025 is much lower than in 2024.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-2632025-trong-nuoc-quay-dau-giam-manh-379978.html