News, pepper price forecast tomorrow April 5, 2025 slightly decreased due to tax impact

Index

• Update the latest pepper price on April 4, 2025 in the domestic market
• Update the latest pepper price on April 4, 2025 in the world market
• News, pepper price forecast tomorrow April 5, 2025 slightly decreased due to tax impact

Update the latest pepper price on April 4, 2025 in the domestic market

Area	Average price (VND/kg)	Change (VND)
Gia Lai	150,500	▼6,500
Ba Ria - Vung Tau	151,000	▼6,000
Dak Lak	152,000	▼6,000
Binh Phuoc	151,000	▼6,000
Dak Nong	152,000	▼6,000
Updated: 04/04/2025

Pepper prices today recorded a significant decline across the market. As of the afternoon of April 4, 2025, this commodity suddenly reversed and decreased sharply with an amplitude of 6,000-6,500 VND/kg, pushing the average purchase price in key areas down to 151,300 VND/kg.

In Gia Lai - the most affected area, pepper prices today plummeted by 6,500 VND/kg, now only 150,500 VND/kg. Following the downward trend, Ba Ria - Vung Tau recorded an adjustment of 6,000 VND/kg, bringing the purchase price to 151,000 VND/kg.

In the two Central Highlands provinces of Dak Lak and Dak Nong, prices fell by VND6,000/kg, equivalent to VND152,000/kg. In Binh Phuoc, the market also witnessed a sell-off when pepper prices today fell by VND6,000/kg, balancing at VND151,000/kg. This development reflects strong adjustment pressure on a large scale after a series of previous volatile sessions.

Update the latest pepper price on April 4, 2025 in the world market

Market	USD/Ton	Change	VND/kg (*)
Indonesian - Black Pepper	7,239	0	187,925
Indonesian - White Pepper	10,066	0	261,314
Brazilian Black - Pepper ASTA 570	6,950	0	180,422
Malaysia - Black Pepper ASTA	9,850	0	255,706
Malaysia - White Pepper ASTA	12,300	0	319,308
Vietnam - Black Pepper 500 g/l	7,100	0	184,316
Vietnam - Black Pepper 550 g/l	7,300	0	189,508
Vietnam - White Pepper ASTA	10,100	0	262,196

Pepper prices today continue to reflect the stable trend at a high level in the global market, especially in key producing countries. Data from key markets shows that Indonesia maintained the price of 7,239 USD/ton (187,925 VND/kg) for black pepper and 10,066 USD/ton (261,314 VND/kg) for white pepper, while Vietnam recorded the price of 550 g/l black pepper at 7,300 USD/ton (189,508 VND/kg). Notably, Brazil was the only bright spot with a decrease of 0.72% due to local adjustment pressure.

The main reason for the sideways trend in pepper prices today is the 20-30% decrease in harvest output in key growing areas due to the impact of El Niño. The 2024-2025 harvest has passed the halfway point, but supply remains tight, causing many farmers in the Central Highlands and Southeast to continue their hoarding strategy. Statistics from the Ministry of Agriculture and Rural Development show that national pepper inventories are only 35% over the same period, creating pressure on basic prices.

Regarding exports, pepper prices today are supported by stable import demand from the US market - a partner that accounts for 62% of Vietnam's total pepper export turnover in 2024. Forecasts from the World Pepper Association (IPC) emphasize that if output does not improve in the third quarter, global pepper prices could reach $8,000/ton due to supply competition between food and pharmaceutical processing plants. This development poses a challenge for export enterprises in balancing long-term contracts.

News, pepper price forecast tomorrow April 5, 2025 slightly decreased due to tax impact

According to forecasts, domestic pepper prices on April 5, 2025 will decrease slightly, fluctuating between 150,500 - 152,000 VND/kg. In key provinces such as Dak Lak and Dak Nong, pepper prices are expected to be 152,000 VND/kg, down 6,000 VND/kg compared to the previous day. In Gia Lai, pepper prices are expected to be 150,500 VND/kg, down 6,500 VND/kg. Meanwhile, in Ba Ria - Vung Tau and Binh Phuoc, pepper prices are expected to be 151,000 VND/kg, down 6,000 VND/kg.

Vietnam's pepper export market remains stable with high prices. Specifically, the price of 500 g/l black pepper is currently at 7,100 USD/ton, while 550 g/l is at 7,300 USD/ton. The price of white pepper also remains high, reaching 10,100 USD/ton.

In the international market, pepper prices have shown a slight downward trend in some regions. In Malaysia, ASTA black pepper prices decreased by 50-100 USD/ton, currently at 9,850 USD/ton. In Brazil, pepper prices decreased slightly by 50 USD/ton, currently at 7,000 USD/ton. Meanwhile, in Indonesia, Lampung black pepper prices remained at 7,239 USD/ton, and Muntok white pepper prices at 10,066 USD/ton.

Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-5-4-2025-giam-nhe-do-anh-tu-thue-3152155.html