Pepper prices today, March 1, 2025, in the domestic market are stable in key localities, trading from 156,000 - 159,000 VND/kg.
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| Pepper price today March 1, 2025: Domestic price is the highest in nearly 10 years, growers are carefully preparing for the harvest. (Source: Food Hacks) |
Pepper prices today, March 1, 2025, in the domestic market are stable in key localities, trading from 156,000 - 159,000 VND/kg.
Specifically, pepper price today in Gia Lai is at 157,000 VND/kg.
Pepper prices today in the provinces of Dong Nai (156,000 VND/kg); Dak Lak (159,000 VND/kg); Dak Nong (159,000 VND/kg); Ba Ria - Vung Tau (157,000 VND/kg) and Binh Phuoc (157,000 VND/kg).
Thus, after several days of decline, pepper prices today remained stable in key growing areas. The highest pepper price is at 159,000 VND/kg.
According to Lao Dong , pepper prices are at their highest in many years. Currently, Dak Lak farmers have entered the pepper harvest season with joy and excitement.
Actual records show that, despite unfavorable weather leading to reduced productivity, pepper prices are continuously increasing and remaining high. Currently, the level of 159,000 VND/kg is nearly double that of the 2024 crop. This is also the highest price in nearly 10 years (since 2016).
The high price of pepper has brought significant profits to growers. Many households have proactively hired workers and carefully prepared for the harvest to ensure progress and quality.
Mr. Vu Hoi Sieu (village 6, Ea Na commune, Krong Ana district, Dak Lak) shared that his family is harvesting pepper with excitement. According to Mr. Sieu, this year the pepper plants did not bear fruit due to the effects of drought in the dry season of 2024. However, in return, the price of pepper being purchased is almost double that of last year.
In particular, at the beginning of last year's crop, the price fluctuated from 75,000-85,000 VND/kg. Now, pepper is priced at over 160,000 VND/kg.
High pepper prices not only bring high income to farmers but also motivate them to invest and take better care of their pepper gardens.
According to Thehindubusinessline , many consumption centers in northern India have witnessed sluggish trading in recent times. Pepper traders are hopeful that demand for the spice will pick up after the Maha Kumbh Mela festival.
Prices fell by Rs 7/kg last week, with ungraded pepper trading at Rs 652/kg and graded pepper at Rs 672/kg at the Kochi wholesale market.
At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Indonesian Lampung black pepper at 7,318 USD/ton; ASTA 570 black pepper in Brazil at the lowest price of 6,850 USD/ton; while Kuching black pepper in Malaysia had the highest price of 9,500 USD/ton.
Vietnam's black pepper prices remained stable at $6,900/ton for 500 g/l and $7,100/ton for 550 g/l.
At the same time of survey, the price of Indonesian Muntok white pepper was traded at 10,074 USD/ton; the price of Vietnamese white pepper was 9,900 USD/ton; the highest price of Malaysian ASTA white pepper was 12,000 USD/ton.
Source: https://baoquocte.vn/gia-tieu-hom-nay-132025-gia-trong-nuoc-cao-nhat-gan-10-nam-nguoi-trong-chuan-bi-ky-luong-cho-vu-thu-harvest-305945.html
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