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News, pepper price forecast tomorrow 3/24/2025 stable and sideways

Việt NamViệt Nam23/03/2025


Update the latest pepper price on March 23, 2025 in the domestic market

AreaAverage price (VND/kg)Change (VND/kg)
Gia Lai 159,500 0
Ba Ria - Vung Tau 159,500 0
Dak Lak 160,000 0
Binh Phuoc 159,500 0
Dak Nong 160,500 0

Pepper prices in major production areas on March 22, 2025 showed stability, with the average price fluctuating between VND 159,500 - 160,500/kg. Specifically, Dak Nong recorded the highest price at VND 160,500/kg, followed by Dak Lak at VND 160,000/kg, while Gia Lai, Ba Ria - Vung Tau, and Binh Phuoc all remained at VND 159,500/kg.

Since there is no comparison data with the previous day, pepper prices are assumed to be unchanged, reflecting a stable pepper market in the short term. However, with the note that the pepper export price at the head price reached 6 levels of VND 159,500/kg, unchanged from the previous day, this shows that the pepper market is in a period of low volatility, possibly due to the balance between supply and demand. Farmers and investors should continue to closely monitor factors such as weather, export demand, and global economic fluctuations to predict the pepper price trend in the coming time.

Update the latest pepper price on March 23, 2025 in the world market

Market/Type of pepperPrice (USD/ton or Rupee/ton)Change
World pepper price
Indonesia – Black Pepper 7,267 (187,198 VND/kg) -0.12
Indonesia – White Pepper 10,207 (262,933 VND/kg) -0.12
Brazilian Black – Pepper ASTA 570 7,000 (180,320 VND/kg) 0
Malaysia – Black Pepper ASTA 9,900 (255,024 VND/kg) +1.01
Malaysia – White Pepper ASTA 12,400 (319,424 VND/kg) +0.81
Vietnam – Black Pepper 500 g/l 7,100 (182,896 VND/kg) 0
Vietnam – Black Pepper 550 g/l 7,300 (188,048 VND/kg) 0
Vietnam – White Pepper ASTA 10,100 (260,176 VND/kg) 0
Indian pepper price
Garbled 67,200 (206,835 VND/kg) 0
Gram/liter 64,200 (197,602 VND/kg) 0
Ungarbled 65,200 (200,680 VND/kg) 0

World pepper prices and Indian pepper prices on March 23, 2025 showed slight fluctuations in the international market, while prices in India remained stable. Specifically, black pepper and white pepper prices in Indonesia 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. In contrast, pepper prices in Malaysia increased significantly, with ASTA black pepper increasing by 1.01 USD/ton to 9,900 USD/ton (255,024 VND/kg) and ASTA white pepper increasing by 0.81 USD/ton to 12,400 USD/ton (319,424 VND/kg).

Pepper prices in Vietnam and Brazil remained unchanged, with Vietnam's 500 g/l and 550 g/l black pepper at $7,100/tonne (VND 182,896/kg) and $7,300/tonne (VND 188,048/kg), ASTA white pepper at $10,100/tonne (VND 260,176/kg), and Brazil's ASTA 570 black pepper at $7,000/tonne (VND 180,320/kg). In India, prices of Garbled, Gram/litre, and Ungarbled pepper remained unchanged at Rs 67,200/tonne (VND 206,835/kg), Rs 64,200/tonne (VND 197,602/kg), and Rs 65,200/tonne (VND 200,680/kg), respectively.

The price increase in Malaysia may reflect increased demand or limited supply, while the stability in Vietnam and India suggests that the domestic market is maintaining balance. Investors and farmers need to closely monitor factors such as export demand and exchange rate fluctuations to predict the future price trend of pepper.

News, pepper price forecast tomorrow 3/24/2025 stable and sideways

Tomorrow, March 24, 2025, domestic pepper prices may remain stable or decrease slightly in some localities. Current pepper prices range from 159,000 to 160,500 VND/kg, with a slight increase over the past week, about 1,000 to 1,500 VND/kg. In the international market, pepper prices are expected to remain stable with small fluctuations between countries. Specifically, the price of Indonesian Lampung black pepper and Muntok white pepper remained unchanged from the previous session, at 7,267 USD/ton and 10,207 USD/ton, respectively.

Vietnam’s pepper export prices were also stable, with black pepper reaching $7,100/ton for 500g/l and $7,300/ton for 550g/l, while white pepper stood at $10,100/ton. In the long term, pepper prices may remain high due to a downward trend in global demand and global production. However, prices may fall slightly if the supply to the market increases sharply tomorrow.



Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-24-3-2025-on-dinh-va-di-ngang-3151235.html

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