Update the latest pepper price on March 21, 2025 in the domestic market
Pepper price today, March 21, 2025, averages at 159,500 VND/kg, slightly down -300 compared to the previous day. | ||
---|---|---|
Area | Average price | Change |
Gia Lai | 159,000 | -500 |
Ba Ria - Vung Tau | 159,000 | -500 |
Dak Lak | 160,000 | 0 |
Binh Phuoc | 159,000 | -500 |
Dak Nong | 160,500 | 0 |
- Pepper price is calculated by head price.
- Unit: VND/kg
Pepper prices today, March 21, 2025, in major regions recorded a slight downward trend, with the average price of the whole market reaching 159,500 VND/kg, down 300 VND/kg compared to the previous day. Specifically, in Gia Lai, Ba Ria - Vung Tau and Binh Phuoc, pepper prices decreased by 500 VND/kg, currently trading at 159,000 VND/kg. Meanwhile, Dak Lak and Dak Nong kept prices stable, at 160,000 VND/kg and 160,500 VND/kg, respectively. This downward trend may be due to pressure from abundant supply or lack of market demand, and farmers need to closely monitor further developments to have appropriate sales plans.
Update the latest pepper price on March 21, 2025 in the world market
Market | USD/Ton | Change | VND/kg (*) |
---|---|---|---|
INDONESIA - Black Pepper | 7,267 | -0.12 | 187,198 |
INDONESIA - White Pepper | 10,207 | -0.12 | 262,933 |
BRAZIL Black - Pepper ASTA 570 | 7,000 | 0 | 180,320 |
MALAYSIA - Black Pepper ASTA | 9,900 | +1.01 | 255,024 |
MALAYSIA - White Pepper ASTA | 12,400 | +0.81 | 319,424 |
Vietnam - Black Pepper 500 g/l | 7,100 | 0 | 182,896 |
Vietnam - Black Pepper 550 g/l | 7,300 | 0 | 188,048 |
Vietnam - White Pepper ASTA | 10,100 | 0 | 260,176 |
World pepper prices on March 21, 2025 recorded mixed fluctuations in the markets. In Indonesia, black pepper and white pepper prices decreased slightly by 0.12 USD/ton, reaching 7,267 USD/ton (187,198 VND/kg) and 10,207 USD/ton (262,933 VND/kg), respectively. On the contrary, in Malaysia, ASTA black pepper prices increased by 1.01 USD/ton to 9,900 USD/ton (255,024 VND/kg), and ASTA white pepper increased by 0.81 USD/ton to 12,400 USD/ton (319,424 VND/kg). Pepper prices in Brazil (Black Pepper ASTA 570) and Vietnam (Black Pepper 500 g/l, 550 g/l, White Pepper ASTA) remained stable, ranging from 7,000 - 10,100 USD/ton (180,320 - 260,176 VND/kg). The price increase in Malaysia may be due to increased demand, while prices in Vietnam are stable due to abundant supply. Exporters need to closely monitor developments to take advantage of opportunities.
News, pepper price forecast tomorrow March 22, 2025 tends to be stable or increase slightly
Based on the latest data from the International Pepper Community (IPC) on the afternoon of March 21, 2025, world pepper prices are showing a slight recovery trend, and pepper prices on March 22, 2025 are forecast to continue to increase, although there may be slight fluctuations between countries. Specifically, the price of Lampung black pepper (Indonesia) increased to 7,276 USD/ton (about 187,430 VND/kg), Muntok white pepper increased by 29 USD/ton to 10,219 USD/ton (263,242 VND/kg). In Brazil, the price of ASTA 570 black pepper increased by 100 USD/ton, reaching 7,000 USD/ton (180,320 VND/kg) after a period of stability. Malaysia maintained stable prices with ASTA black pepper at USD 9,900/ton (VND 255,024/kg) and ASTA white pepper at USD 12,400/ton (VND 319,424/kg). In Vietnam, pepper export prices were also stable, with 500 g/l black pepper reaching USD 7,100/ton (VND 182,896/kg), 550 g/l reaching USD 7,300/ton (VND 188,048/kg), and ASTA white pepper at USD 10,100/ton (VND 260,176/kg).
Experts say that with signs of recovery from the international market and stable domestic supply, pepper prices on March 22, 2025 may increase slightly by another 50-100 USD/ton in some markets such as Vietnam and Indonesia, especially if export volumes do not increase dramatically. However, pepper prices are currently approaching technical resistance levels, so a slight downward adjustment is still possible if exports encounter obstacles. In the medium term, the outlook for the pepper market in 2025 remains positive, thanks to the increasing import demand from China, promising to support pepper prices in the coming time. Farmers and businesses need to closely monitor developments to take advantage of opportunities.
Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-22-3-2025-on-dinh-hoac-tang-nhe-3151097.html
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