Pepper price today March 29, 2025, domestic price remains stable

Domestic pepper prices today - the market remains stable.

Today's pepper price was updated at 4:30 a.m. on March 29, 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 in Gia Lai province today remained stable after yesterday's high increase, with the current pepper purchase price in this locality at VND159,000/kg. Similarly, pepper prices in Ba Ria - Vung Tau were also purchased at VND159,000/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 29, 2025

Experts say that 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.

Meanwhile, the domestic market is currently stable at a high level, with pepper output in major growing regions such as the Central Highlands being guaranteed. However, farmers' "hoarding" mentality remains very strong, leading them to limit sales, contributing to maintaining high pepper prices.

According to experts, the domestic pepper market is stabilizing at a high price, with pepper output in major growing areas guaranteed. However, farmers’ psychology of stockpiling remains high, leading to garden owners limiting sales, contributing to maintaining high pepper prices.

Farmers in Dak Nong province dry pepper after harvest.

In addition, the demand for pepper in the international market remains high, especially from large markets such as the US and EU. Exporters are also stepping up purchases to meet orders from Europe and the US. However, supply from major producing countries such as Brazil and Indonesia is facing difficulties due to unfavorable weather, which may create upward pressure on prices in the coming time.

In recent years, the Vietnamese pepper industry has seen many positive changes. Farmers are increasingly focusing on clean and sustainable organic production standards, while strengthening production links along the value chain. This not only helps improve product quality but also meets domestic consumption and export demand.

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 29, 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 7,239 USD/ton; similarly, Muntok white pepper is currently purchased at 10,066 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 29, 2025

According to farmers, pepper cultivation still faces many uncertainties. In particular, the erratic weather in 2024 caused severe drought, leading to crop failure and a significant decrease in pepper productivity.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-2932025-trong-nuoc-duy-tri-on-dinh-380481.html