Pepper price today March 31, 2025, market anchored at high level

Domestic pepper prices today - the market is anchored at a high level.

Today's pepper price was updated at 4:30 a.m. on March 31, 2025 as follows: The domestic pepper market remained stable compared to the previous trading session and remained 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 the previous 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 31, 2025

According to statistics, pepper prices last week fluctuated less than the previous week, trading mainly around 159,000 - 160,000 VND/kg. The world market was stable, except for Indonesian pepper prices which decreased last week.

Experts say that domestic pepper prices are currently stable thanks to farmers' hoarding mentality. Meanwhile, although pepper output this year is relatively stable, actual supply is still limited, causing local shortages in the market in some localities. Farmers currently tend to hold onto their goods waiting for prices to increase further, so selling pressure is not great.

In the international market, pepper prices may continue to increase, especially black pepper, thanks to strong demand from major markets.

Farmers in Gai Lai province harvest pepper.

According to experts' forecasts, pepper prices are likely to continue to increase due to demand from major markets and a shortage of supply. With demand remaining stable and far exceeding supply, pepper prices are likely to increase rather than decrease.

With factors such as scarce supply, stable demand and farmers' hoarding mentality, pepper prices are likely to remain high in the coming time. Export enterprises are also actively purchasing to ensure the supply of goods for foreign partners, creating favorable conditions for domestic pepper prices.

According to Ptexim's estimates, Vietnam is likely to export only 16,000 to 18,000 tons of pepper in March. Thus, the total export volume in the first 3 months of 2025 will be around 43,000 - 45,000 tons, the lowest in the past 6 years.

Pepper gardens full of fruit are grown in Gia Lai province.

World pepper prices remain stable today.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 31, 2025 as follows: the pepper market is stable, anchored at a high level compared to the previous 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 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 31, 2025

According to forecasts, world pepper output in 2025 may drop sharply to about 434,000 tons, while demand far exceeds supply. If this trend continues, pepper prices may continue to remain high in the near future.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-3132025-thi-truong-neo-o-muc-cao-380706.html