Pepper price today 3/27/2025 in the country increased

Domestic pepper prices today suddenly increased.

Today's pepper price was updated at 4:30 a.m. on March 27, 2025 as follows: The pepper market suddenly increased again, an increase of 3,000 VND/kg in all localities. Currently, the average pepper purchase price in key areas is 159,400 VND/kg.

Specifically, today's pepper price in Gia Lai province suddenly increased again, an increase of 3,000 VND/kg, the current pepper purchase price in this locality is 159,000 VND/kg. Similarly, pepper price in Ba Ria - Vung Tau fluctuated and increased, the current pepper purchase price is 159,000 VND/kg.

After the previous decrease, pepper prices in Binh Phuoc have increased again. Currently, pepper prices in this locality are at 159,000 VND/kg.

Pepper prices in Dak Lak province are on the rise again, currently the purchase price is at 160,000 VND/kg.

Pepper prices in Dak Nong province have increased again, by 3,000 VND/kg, currently the local pepper purchase price is at 160,000 VND/kg.

Domestic pepper prices updated on the morning of March 27, 2025

Domestic pepper prices continue to climb, currently reaching around VND157,000 - 160,000/kg, up more than 68% over the same period last year, reflecting a shortage of supply. Although the harvest is at its peak in Dak Nong and Dak Lak, farmers' mentality of holding onto their goods still dominates the market, causing pepper sales to be limited.

Experts say that pepper prices will fluctuate greatly in the coming time. Although the new crop has reached the market with increasing volume, farmers’ mentality of hoarding this year has led to them limiting sales.

In the long term, the uptrend can still take place when consumption demand remains high and there are expectations that China will soon increase imports again.

The reason for the limited supply is not only due to the reduced output due to the impact of the weather, but also because farmers are not under financial pressure thanks to income from other crops such as durian, coffee and avocado. Meanwhile, businesses and traders, although wanting to buy, face high bank interest rates, limited storage space and seasonal cash flow pressure.

Farmers in Dak Nong province harvest pepper

Although the market may fluctuate in the short term due to the harvest season, the long-term outlook for pepper prices remains positive thanks to increased demand from the EU, the US and Asia. China is expected to soon boost imports, supporting pepper prices to maintain their upward momentum.

Amid domestic shortages, many processing enterprises have turned to foreign sources of supply. According to Comexstat, Brazil exported 12,200 tons of pepper in the first two months of the year, worth $76.37 million, up 92% year-on-year. Vietnam is currently Brazil’s largest pepper importer, with 4,203 tons worth $25.9 million, nearly three times the value of last year.

Lush green pepper gardens are 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 27, 2025 as follows: the pepper market is stable, anchored at a high level; however, pepper prices in Indonesia decreased slightly compared to yesterday, a decrease of 12 - 17 USD/ton.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,229 USD/ton; similarly, Muntok white pepper is currently purchased at 10,052 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 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 27, 2025

Accumulated to mid-March 2025, Vietnam's total export volume reached 35,802 tons, down 15.8%, but the value increased sharply by 39.7%, reflecting an upward price trend due to tight supply.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-2732025-trong-nuoc-tang-cao-380143.html