Saturday, June 14, 2025

Pepper Market June 13, 2025

 

Pepper export price increased by more than 60% in the first 5 months of the year

Pepper prices today  (June 13) are stable at around 139,000 - 140,000 VND/kg. In the world market, Indonesian pepper prices continued to increase for the second consecutive day. In the first 5 months of the year, Vietnam's pepper exports decreased in volume but increased in value, mainly due to an average export price increase of 61.1%.

Update pepper price

In the domestic market

Pepper prices  today in key provinces and cities continue to be stable, fluctuating between 139,000 - 140,000 VND/kg, unchanged from yesterday.

According to the survey, Dak Lak currently records the highest price, reaching 140,000 VND/kg. In two other localities in the Central Highlands region, Dak Nong and Gia Lai,  pepper prices   are being traded at 139,000 VND/kg.

In the Southeast region, pepper prices in Ba Ria - Vung Tau, Dong Nai and Binh Phuoc provinces are also commonly at 139,000 VND/kg.

Province/district

(survey area)

Purchase price on June 13

(Unit: VND/kg)

Change from previous day (Unit: VND/kg)

Dak Lak

140,000

Gia Lai

139,000

Dak Nong

139,000

Ba Ria – Vung Tau

139,000

Binh Phuoc

139,000

Dong Nai

139,000

In the world market

In the recent trading session, the International Pepper Community (IPC) continued to adjust the price of Indonesian black pepper to 7,526 USD/ton, up 0.17% (13 USD/ton) compared to the previous day.

Meanwhile, the  export  price  of Malaysian black pepper remains stable at 9,100 USD/ton; Brazilian black pepper ASTA 570 is 6,175 USD/ton. The export price of Vietnamese black pepper fluctuates between 6,300 - 6,400 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

June 13 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,526

+0.17

Brazilian Black Pepper ASTA 570

6.175

Kuching Black Pepper (Malaysia) ASTA

9,100

Vietnamese black pepper (500 g/l)

6,300

Vietnamese black pepper (500 g/l)

6,400

At the same time of survey, the price of Indonesian Muntok white pepper increased by 18 USD/ton to 10,167 USD/ton.

The export price of Malaysian ASTA white pepper and Vietnamese white pepper continued to move sideways at USD 11,850/ton and USD 9,300/ton.

Type name

World white pepper price list

June 13 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,167

+0.18

ASTA Malaysian White Pepper

11,850

Vietnam white pepper

9,300

Update pepper information

World pepper prices in early June in most major growing countries decreased, except for prices in Indonesia which increased.

 According to the Import-Export  Department  (Ministry of Industry and Trade), usually from April is the period when the spice market in general and pepper market in particular is most active in the year. However, this year, the world pepper market is gloomy as trade tensions increase. Import demand from many countries is low, and the tariff rate is unclear, making businesses cautious in signing contracts.

Along with the world trend, domestic pepper prices in early June 2025 decreased significantly compared to early May 2025.

In the short term, domestic pepper prices are forecast to remain stable or decrease slightly due to unstable export demand and tight supply. However, in the medium and long term, global supply shortages may support pepper prices to increase again.

According to data from the Customs Department, Vietnam's pepper exports in May reached 26.3 thousand tons, worth 182.2 million USD, down 0.4% in volume and 1.0% in value compared to April; down 15.3% in volume but up 30.6% in value compared to May 2024.

Vietnam's average pepper export price in May reached 6,923 USD/ton, down 0.6% compared to April, but up 54.3% compared to May 2024.

In terms of markets, Vietnam's pepper exports to many key markets decreased in volume compared to May 2024, while exports increased to markets such as India, the UK, Egypt, and Russia. Of which, exports to the largest market, the US, decreased by 9.3%, followed by the German market, which decreased by 13.8%...

In the first 5 months of the year, Vietnam's pepper exports reached 99.9 thousand tons, worth 690.4 million USD, down 12.5% ​​in volume but up 40.5% in value over the same period in 2024. Mainly due to the average export price reaching 6,910 USD/ton, up 61.1% over the same period in 2024.

In the first 5 months of the year, Vietnam's pepper exports to key markets had uneven growth in export volume, in which, exports to some markets decreased such as: USA, UAE, Netherlands, Thailand, Egypt, Russia... On the contrary, the amount of pepper exported to some markets increased such as: Germany, India, UK, South Korea...


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