Domestic pepper prices today - stable market, anchored at high levels.
Today's pepper price was updated at 4:30 a.m. on March 28, 2025 as follows: The domestic pepper market remained stable compared to yesterday and is anchored at a high level. Currently, the average pepper purchase price in key areas is 159,400 VND/kg.
Specifically, pepper prices today in Gia Lai province are stable after yesterday's high increase, currently the local pepper purchase price is at 159,000 VND/kg. Similarly, pepper prices in Ba Ria - Vung Tau are also purchased at 159,000 VND/kg.
Binh Phuoc pepper price remains stable, currently the local pepper price is at 159,000 VND/kg.
Pepper prices in Dak Lak province have stabilized after the previous high session, currently the pepper purchase price is at 160,000 VND/kg.
Pepper prices in Dak Nong province are at a high level, currently the local pepper purchase price is at 160,000 VND/kg.
Domestic pepper prices updated on the morning of March 28, 2025 |
According to experts, domestic pepper prices are likely to continue to increase in the coming time, especially when demand from major markets such as the US and EU remains high.
The domestic market is stable at a high level. Major pepper growing areas in the Central Highlands are entering the final stages of the harvest season, with guaranteed output. At the same time, export enterprises continue to increase purchases to meet orders from Europe and the US.
Experts say that 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 large export demand. In the international market, pepper prices may continue to increase, especially black pepper which is popular in major markets.
Pepper prices from Brazil and Malaysia remained stable, indicating stable supply. This could help the global market avoid major fluctuations, creating favorable conditions for businesses in planning production and exports.
Farmers in Dak Nong province harvest pepper |
Regarding the market in the coming time, experts say that pepper prices will fluctuate greatly. Although the new crop has been introduced 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 cause businesses and traders to stock 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 is hope that China will soon increase imports again.
Pepper gardens grown in Dak Nong |
World pepper prices remain stable today.
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 28, 2025 as follows: the pepper market is stable, anchored at a high level compared to yesterday's trading session.
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 28, 2025 |
It is forecasted that in the second quarter of 2025, the demand for pepper imports from the US and Europe will increase sharply. Meanwhile, the supply from major exporting countries such as Brazil and Indonesia is facing many difficulties due to unfavorable weather, thereby contributing to keeping pepper prices high.
Source: https://congthuong.vn/gia-tieu-hom-nay-2832025-trong-nuoc-cao-nhat-160000-dongkg-380327.html
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