Pepper price today 4/4/2025, market remains stable

Domestic pepper prices today - the market remains stable.

Today's pepper price was updated at 4:30 a.m. on April 4, 2025 as follows: The domestic pepper market is stable, with little fluctuation, unchanged compared to yesterday's trading session. Currently, the average pepper purchase price in key areas is 157,400 VND/kg.

Specifically, today's pepper price in Gia Lai province remains stable compared to yesterday, currently the pepper purchase price in this locality is at 157,000 VND/kg. Similarly, pepper price in Ba Ria - Vung Tau is also purchased at 157,000 VND/kg.

Binh Phuoc pepper price tends to be stable compared to the previous trading session, currently pepper price in this locality is at 157,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong provinces are stable and at a high level. Currently, the pepper purchase price in these two localities is at 158,000 VND/kg.

Domestic pepper prices updated on the morning of April 4, 2025

According to records, the harvest has now passed half way, many Vietnamese farmers are still hoarding their goods waiting for higher prices, causing the market to stagnate. To compensate for supply, processing enterprises have increased imports, with 1,731 tons of pepper imported in the first half of March 2025, mainly from Brazil and Indonesia.

Experts say that if output from major producing countries such as Vietnam, Indonesia and Brazil does not recover soon, global pepper prices may continue to remain high. In addition, demand for pepper is growing rapidly in major markets such as the US and Europe, especially in the food and spice industry, putting further pressure on global supplies.

In addition, farmers’ hoarding mentality may continue to affect domestic supply, causing pepper prices to not fluctuate much in the near future. A strong US dollar may support pepper prices in the international market, but it may also make it difficult for other producing countries to export.

Gia Lai farmers harvest pepper

Domestically, pepper prices have remained stable at high levels, although many farmers and traders are still holding onto their stocks and not selling in large quantities. This has led to limited pepper circulation and forecasts that exports in the first quarter of 2025 could hit a six-year low of only about 43,000 - 45,000 tons.

In the world market, the slight decrease in Brazilian pepper prices can be explained by various factors, including the tightening of food safety standards in Europe, making it difficult to export. At the same time, the demand for pepper in major markets such as the US and Europe is increasing, which puts pressure on global supply. However, production in major producing countries such as Vietnam, Indonesia and Brazil is facing difficulties due to adverse weather, leading to a decrease in output.

Pepper gardens grown in Gia Lai

World pepper prices are stable today.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on April 4, 2025 as follows: the pepper market is stable, sideways and 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 stabilized after a slight decrease in the previous session, currently purchasing prices reached 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 afternoon of April 3, 2025

Experts recommend that farmers improve quality instead of focusing only on output, while businesses need to expand markets and diversify partners to reduce risks from market fluctuations.

Tuan My

Source: https://congthuong.vn/gia-tieu-hom-nay-442025-thi-truong-duy-tri-on-dinh-381410.html