Pepper price today March 29, 2025: Extending the sideways trend, Vietnam's pepper industry has a strong transformation

Pepper price today March 29, 2025: Extending the sideways trend, the Vietnamese pepper industry has a strong transformation. (Source: Shutterstock)

Pepper price today, March 29, 2025, in the domestic market continued to move sideways in key localities, trading from 159,000 - 160,000 VND/kg.

Specifically, pepper price today in Gia Lai is at 159,000 VND/kg.

Pepper prices today in the provinces of Dong Nai (159,000 VND/kg); Dak Lak (160,000 VND/kg); Dak Nong (160,000 VND/kg); Ba Ria - Vung Tau (159,000 VND/kg) and Binh Phuoc (159,000 VND/kg).

Thus, pepper prices today remain unchanged in key growing areas compared to yesterday morning. The highest pepper price is at 160,000 VND/kg.

The domestic market is stabilizing at high prices, with pepper output in major growing areas guaranteed. However, farmers' stockpiling mentality remains high, leading to garden owners limiting sales, contributing to maintaining high pepper prices.

In recent years, the pepper industry has undergone a strong transformation as farmers have raised their awareness and taken action in production to meet clean and sustainable organic production standards. Garden owners have strengthened their links along the value chain and expanded deep processing methods, bringing high-quality products to meet domestic and export market demand.

Regarding the outlook for pepper prices in the coming time, due to the high demand for pepper in major markets such as the US and the European Union (EU), pepper prices are expected to continue to fluctuate. In addition, garden owners still have the mentality of storing goods instead of selling to the market, causing limited supply, putting pressure on pepper prices.

According to the International Pepper Community (IPC), on trading floors, black and white pepper prices in the Indonesian market turned to increase. Black pepper prices increased by 0.21%, fluctuating around 7,229 USD/ton (equivalent to 186,220 VND/kg). Purchased at a price 0.2% higher than the previous trading session, white pepper prices were announced at 10,052 USD/ton (equivalent to 258,940 VND/kg).

For the Brazilian market, the price of black pepper ASTA 570 remains at 7,000 USD/ton.

In the Malaysian market, ASTA black and white pepper prices are anchored at USD 9,900/ton and USD 12,400/ton, respectively.

Notably, in Vietnam, the export price of black pepper has been moving sideways. The 500 g/l type is trading at 7,100 USD/ton (equivalent to 182,896 VND/kg); the 550 g/l type is currently at 7,300 USD/ton (equivalent to 188,048 VND/kg). Similarly, the export price of white pepper has also increased to 10,100 USD/ton (equivalent to 260,176 VND/kg).

In the Indian market, pepper prices continued to remain unchanged for most types of pepper. Garbled pepper was priced at 67,200 rupees per quintal (equivalent to 208,032 VND/kg), Ungarbled pepper was listed at 65,200 rupees per quintal, while the lowest price for gram/liter pepper was 64,200 rupees per quintal (equivalent to 198,744 VND/kg).

International source

Source: https://baotayninh.vn/gia-tieu-hom-nay-29-3-2025-noi-dai-chuoi-di-ngang-nganh-ho-tieu-viet-nam-co-buoc-chuyen-minh-manh--a188124.html