Pepper price today March 5, 2025, domestic price maintains increase

Pepper price today March 5, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 5.

Domestic pepper prices today are stable and increasing.

Today's pepper price was updated at 4:30 a.m. on March 5, 2025 as follows: Domestic pepper prices maintained an increase compared to yesterday. However, there is a mix of increases and stability between localities. Currently, the average pepper purchase price in key areas is 158,300 VND/kg.

Specifically, today's pepper price in Gia Lai province remained stable compared to the previous trading session, currently the pepper purchasing price in this locality is at 157,000 VND/kg.

Similarly, pepper prices in Binh Phuoc have fluctuated little compared to yesterday, currently pepper is purchased at 150,000 VND/kg. Pepper prices in Dak Nong province remain stable compared to the previous trading session, currently traders are purchasing pepper in this locality at 159,200 VND/kg.

Pepper price in Dak Lak province increased slightly compared to yesterday, an increase of 200 VND/kg, currently the pepper purchase price is at 159,200 VND/kg.

Pepper prices in Ba Ria - Vung Tau province increased the most, an increase of 1,000 VND/kg compared to yesterday, currently pepper is purchased at 158,000 VND/kg.

Domestic pepper price updated on March 5, 2025

Experts say pepper prices are rising due to reduced global supply, while demand in the US, Europe and China is stable. However, the market may slow down when the new harvest replenishes supply.

According to statistics, from the beginning of 2025 until now, domestic pepper prices have increased by 10,000 - 12,000 VND/kg, in February 2025 alone, the price of this item increased by 10,000 - 11,000 VND/kg. At the same time, with prices fluctuating between 157,000 - 159,000 VND/kg, domestic pepper prices are 65 - 70% higher (62,000 - 64,000 VND/kg) than the same period last year.

According to the forecast of the Vietnam Pepper and Spice Association (VPSA), global pepper output continues to decrease while consumption demand remains stable, creating favorable conditions for Vietnamese pepper exports.

Farmers in Gia Lai province harvest pepper.

The strong growth in pepper export value in the first months of 2025 is explained by many factors, including the forecast decrease in global pepper production in 2025, leading to scarcity and pushing up prices. Global pepper consumption demand remains stable, especially in major markets such as the United States and Europe.

According to the Import-Export Department (Ministry of Industry and Trade), pepper prices have increased since the beginning of the year in most major export markets. Of which, Indonesia recorded the strongest increase with white pepper prices increasing by 12.8% and black pepper by 6.9%. In Brazil, pepper export prices increased by 7.5%, while Malaysia also witnessed increases of 5.9% for black pepper and 8.4% for white pepper, respectively.

Overall, pepper prices are on an upward trend and show signs of remaining high this year. Although the market is in a period of adjustment, pepper export prices continue to increase, bringing positive signals to farmers.

However, inventory strategies need to be carefully calculated to minimize risks from global market fluctuations.

Lush green pepper gardens are grown in Gia Lai

World pepper prices continue to increase today

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 5, 2025 as follows: the pepper market is vibrant, continuing to increase compared to yesterday; in which pepper prices in Indonesia continue to increase slightly, increasing from 28 - 39 USD/ton; markets in other countries are stable and anchored at high levels.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,328 USD/ton (up 28 USD/ton); Muntok white pepper is currently purchased at 10,175 USD/ton (up 39 USD/ton).

The Malaysian pepper market remains stable, currently the price of Malaysian ASTA black pepper is purchased at 9,700 USD/ton and the price of ASTA white pepper is at 12,200 USD/ton.

Pepper prices in Brazil, after a slight increase in the previous session, also tend to stabilize, with the current purchase price reaching 6,850 USD/ton.

Vietnam's pepper export market is stable and slightly decreasing. Specifically, the export price of Vietnam's black pepper is currently at 6,900 USD/ton for 500 g/l; 550 g/l is at 7,100 USD/ton; and the price of white pepper is at 9,900 USD/ton.

Update world pepper prices today March 5, 2025

In January 2025, Vietnamese pepper was present in 30 major markets around the world. Of which, the United States continued to be the largest export market with a turnover of 21.7 million USD, up 8.4% over the same period last year. Next were the markets of Germany (9.36 million USD, up 112%), India (6.98 million USD, up 23.7%), the UK (4.24 million USD, up 112%) and South Korea (3.43 million USD, up 6.5%). The total export turnover to these 5 markets reached 45.7 million USD, accounting for 52% of the total export value of Vietnam's pepper.

Source: https://congthuong.vn/gia-tieu-hom-nay-532025-trong-nuoc-duy-tri-muc-tang-376756.html