Pepper price today January 30, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price January 30.
Domestic pepper price today
Today's pepper price was updated at 4:30 a.m. on January 30, 2025 as follows: The domestic pepper market remains stable, with little fluctuation and anchored at high prices during the Lunar New Year holidays of At Ty in 2025. Currently, the highest pepper price in key markets is 148,200 VND/kg.
Specifically, pepper prices today in Gia Lai province remained stable and were purchased at 147,500 VND.
Pepper prices in Ba Ria - Vung Tau province continue to remain stable, but are still low compared to the whole country, the current purchase price is 147,000 VND/kg; similarly, pepper prices in Binh Phuoc remain stable compared to the previous trading session, currently the pepper purchase price is 147,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong are currently at a fairly high level, with the current purchase price of pepper in these two localities at 148,200 VND/kg.
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| Domestic pepper price today |
Experts say that pepper inventories in the Chinese market are currently low, while expectations of a price drop have not materialized as prices have remained stable at VND140,000/kg for the past three months. It is predicted that China may wait until Vietnam’s main harvest (after the Lunar New Year) to start buying again.
Global pepper prices in 2025 are expected to remain high due to reduced supply, while demand in major markets such as the US and Europe remains stable. Pepper use in the food and spice processing industries remains the main driver of the market.
Brazil's pepper output is forecast to recover in 2025, while Indonesia's may decline due to investment difficulties and unfavorable weather conditions.
In addition, India - a major consumer country, also forecasts a decrease in output due to the impact of floods, leading to farmers limiting investment and liquidating inventories as domestic prices fall.
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| Farmers in Dak Nong province harvest pepper |
The Vietnam Pepper and Spice Association (VPSA) forecasts that global pepper output in 2025 will continue to decrease compared to 2024. This reflects the fact that pepper is no longer the main crop of many farmers. In addition, climate change with extreme weather events has reduced productivity and increased the cost of maintaining pepper production.
Global pepper prices in 2025 are expected to remain high due to reduced supply, while demand in major markets such as the US and Europe remains stable. Pepper use in the food and spice processing industries remains the main driver of the market.
Currently, Vietnam and Brazil will maintain their positions as the two largest pepper exporting countries in the world in 2024. However, Indonesia has emerged as a significant supplier, especially when Vietnam and Brazil suffered crop failures last year.
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| Lush green pepper gardens, full of fruit, are grown in Dak Nong province. |
World pepper price today
Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on January 30, 2025 as follows: the pepper market continues to be stable and is anchored at a high level.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,157 USD/ton; similarly, Muntok white pepper is currently purchased at 9,456 USD/ton.
The Malaysian pepper market continues to remain stable and at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,000 USD/ton and the price of ASTA white pepper is at 11,600 USD/ton.
Pepper prices in Brazil have stabilized after many previous declines. Currently, the pepper purchase price in Brazil is at 6,150 USD/ton.
The export market for Vietnamese pepper continues to be stable. Specifically, the export price of Vietnamese black pepper is currently at 6,350 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l; the price of white pepper is at 9,550 USD/ton.
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| Update world pepper prices today January 30, 2025 |
According to the International Pepper Community (IPC), the average FOB price of black pepper in major producing countries in 2024 increased by about 45% compared to the previous year. Meanwhile, the average FOB price of white pepper recorded a lower increase of about 34%.
Brazil's FOB black pepper export price recorded a sharp increase compared to producing countries with an increase of 48.4%, from an average of 3,125 USD/ton in 2023 to 4,639 USD/ton in 2024.
In 2024, Malaysia also recorded an increase of 37% for FOB black pepper prices and 26% for white pepper, averaging USD 6,718/ton and USD 8,881/ton, respectively.
Source: https://congthuong.vn/gia-tieu-hom-nay-3012025-trong-nuoc-duy-tri-on-dinh-371640.html
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