Tuesday, May 06, 2025

Pepper Market on May 6, 2025

 

Pepper Market on May 6, 2025: Prices do not fluctuate much

New market,  pepper price today (May 6) fluctuates at 154,000 - 155,500 VND/kg. In the world market, Indonesian pepper price continues to increase, at the same time, exports increased sharply in the first months of the year.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) said that the price of Indonesian Lampung black pepper continued to increase by 0.34% (32 USD/ton) compared to the previous trading session, to 7,372 USD/ton.

In other countries, pepper  export  prices  remained generally unchanged. Malaysian black pepper was quoted at the highest price of USD 9,300/ton; while Brazilian black pepper ASTA 570 reached USD 6,800/ton.

Vietnamese black pepper prices are still traded in the range of 6,700 - 6,800 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

May 6 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,372

+0.34

Brazilian Black Pepper ASTA 570

6,800

Kuching Black Pepper (Malaysia) ASTA

9,300

Vietnamese black pepper (500 g/l)

6,700

Vietnamese black pepper (500 g/l)

6,800

At the same time of survey, the price of Indonesian Muntok white pepper stood at 9,985 USD/ton, up 0.44% (44 USD/ton) compared to the previous trading session.

Meanwhile, Vietnamese white pepper and Malaysian ASTA white pepper remained at 9,700 USD/ton and 11,900 USD/ton.

Type name

World white pepper price list

May 6 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,985

+0.44

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,700

Update pepper information

According to data from the International Trade Center (ITC), in the first two months of 2025, Indonesia's pepper exports continued to double in volume and nearly 2.7 times in value compared to the same period last year, reaching 8,740 tons, worth 55.2 million USD.

In particular, exports to major consumer markets all increased from double to triple digits compared to the same period: Vietnam reached 2,285 tons, up 3.9 times and accounted for 26.1% of market share; China: 1,733 tons, up 8.9 times and accounted for 19.8%; USA: 1,517 tons, up 27% and accounted for 17.4%; India: 872 tons, up 88.1% and accounted for 10%...

Indonesia's average pepper export price in the first two months of the year reached 6,317 USD/ton, up 29.8%. Of which,

In 2024, Indonesia ranked third in the world in pepper production, with a cultivated area of ​​163 thousand hectares. In addition, Indonesia's pepper export turnover reached more than 311 million USD, with export output soaring 105.8% compared to 2023.

Indonesia’s pepper production in 2024 is expected to grow by around 6% (4,000 tonnes) compared to 2023, reaching 69,000 tonnes. However, it is likely to decline by 8.7% in 2025 due to investment challenges and unfavorable weather.

The global pepper market will continue to face upward price pressure in 2025, amid a forecast of a fourth consecutive year of decline in output.

Global supplies continue to tighten due to the effects of climate change, aging crops and farmers shifting to higher-value crops such as  coffee   and durian. Despite the harvest season in Vietnam, farmers are selling in small batches, helping to keep prices high.

All major pepper producing countries such as Vietnam, Indonesia, India, Sri Lanka and Brazil have recorded a decrease in production due to climate impacts,  labor  shortages  and the trend of switching to more profitable crops.

According to VietnamBiz.

Thursday, May 01, 2025

Pepper Market on April 30, 2025

 

Pepper Market on April 30, 2025: Price has no fluctuations

 

Pepper prices today (April 30) are trading at 154,000 - 156,000 VND/kg. Despite the short-term downward adjustment, experts remain optimistic about the price trend in the medium and long term.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) adjusted the price of Indonesian Lampung black pepper to 7,179 USD/ton, up 0.74% compared to the previous trading session.

Elsewhere, pepper prices remained stable. Currently, Malaysian ASTA black pepper is quoted at $9,300/ton; Brazilian ASTA black pepper is $6,900/ton. Vietnam’s black pepper  export  prices  fluctuate between $6,800 and $6,900/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

April 30 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,179

+0.74

Brazilian Black Pepper ASTA 570

6,900

Kuching Black Pepper (Malaysia) ASTA

9,300

Vietnamese black pepper (500 g/l)

6,800

Vietnamese black pepper (500 g/l)

6,900

At the same time of survey, the price of Indonesian Muntok white pepper increased by 0.83% compared to the previous trading session, to 9,724 USD/ton.

Meanwhile, in Malaysia, the price of Malaysian ASTA white pepper remained unchanged at 11,900 USD/ton. In addition, the price of Vietnamese white pepper also remained unchanged at 9,800 USD/ton.

Type name

World white pepper price list

April 30 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,724

+0.83

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,800

Update pepper information

Despite the short-term correction, experts and the Vietnam Pepper and Spice Association (VPSA) remain optimistic about the medium- and long-term price trend. According to VPSA, the key factor affecting the market today is not the US tax policy, but the global supply-demand balance, according to the Financial and Monetary Market Journal.

In fact, pepper production in many major producing countries is seriously declining due to the impact of climate change, disease and high input costs. In Indonesia and India – two major producers in the region – the 2025 crop output is forecast to decrease significantly. This leads to increasingly tight global supply, especially in the context of pepper consumption demand in markets such as Europe, the US and the Middle East remaining at high levels.

At the same time, the US's 90-day suspension of reciprocal tariffs on pepper is also considered a positive factor, giving export businesses more time to adapt, plan to renegotiate contracts and stabilize cash flow.

In the context of many producing countries facing difficulties, Vietnam – as the world’s leading pepper supplier – has a great advantage. Stable output, continuously improving product quality, combined with a professional logistics and export system, help Vietnamese enterprises maintain their position and be able to meet the needs of the most demanding markets.

However, to take advantage of the opportunity from the price increase trend, experts recommend that businesses need to focus more on building brands, improving deep processing capacity, developing value-added products such as organic pepper, pre-ground pepper, and especially expanding the international distribution system.

Although currently undergoing a short-term adjustment period, with the outlook for global supply and demand imbalance, pepper prices are likely to recover in the coming months. The growth in export value, even as output declines, is a clear testament to the potential and competitive advantage that the Vietnamese pepper industry holds.

In the context of the agricultural industry in general facing many challenges, pepper is still a bright spot if it has a flexible production and business strategy, grasps market signals well and continues to consolidate traditional markets in addition to expanding to new potential markets.

 

 




Tuesday, April 29, 2025

Pepper Market April 29, 2025

 

Pepper Market April 29, 2025: Stable before the holiday, demand from the US remains high

Pepper prices in the domestic market today  continue to be traded at 154,500 - 156,000 VND/kg. Demand is improving in major markets such as the US, EU and Asia, while China is still buying quite slowly.

Update pepper price

In the domestic market

Pepper prices  today in the domestic market continue to be stable in the range of 154,500 - 156,000 VND/kg.

Specifically, the highest  pepper price   in Dak Lak and Dak Nong provinces was 156,000 VND/kg. Next was pepper price in Ba Ria - Vung Tau, Binh Phuoc and Dong Nai provinces at 155,000 VND/kg. In Gia Lai alone, pepper price was at the lowest level of 154,500 VND/kg.

Province/district

(survey area)

Purchase price on April 29

(Unit: VND/kg)

Change from previous day (Unit: VND/kg)

Dak Lak

156,000

Gia Lai

154,500

Dak Nong

156,000

Ba Ria – Vung Tau

155,000

Binh Phuoc

155,000

Dong Nai

155,000

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) continued to list the price of Malaysian ASTA black pepper at 9,300 USD/ton; Indonesian Lampung black pepper at 7,126 USD/ton; and Brazilian ASTA black pepper at 6,900 USD/ton.

 Vietnam's black pepper  export  price continues to fluctuate between 6,800 - 6,900 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

April 29 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7.126

Brazilian Black Pepper ASTA 570

6,900

Kuching Black Pepper (Malaysia) ASTA

9,300

Vietnamese black pepper (500 g/l)

6,800

Vietnamese black pepper (500 g/l)

6,900

At the same time of survey, the price of Malaysian ASTA white pepper stood at 11,900 USD/ton. In addition, Vietnamese white pepper continued to move sideways at 9,800 USD/ton; while Indonesian Muntok white pepper was 9,643 USD/ton.

Type name

World white pepper price list

April 29 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,643

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,800

Update pepper information

According to Ptexim's latest report, demand is improving in major markets such as the EU and Asia, while China is still buying quite slowly.

China’s pepper imports   from Vietnam in the first quarter of 2025 increased by 87.8% year-on-year, but the country still maintained cautious purchasing activities. Current import volumes are still 92.2% lower than in 2023, suggesting that this is a strategic supplement rather than an urgent need.

As for the US market, demand is quite good for long-term orders for Q3 and Q4/2025, showing strong confidence in the stability of the market and the possibility of future supply shortages. However, exporters are almost not offering long-term contracts because the market is forecast to continue to increase prices in 2025 and 2026.

On April 28, the Ministry of Industry and Trade held a conference on trade promotion with the Vietnamese Trade Offices abroad in April 2025. Mr. Do Ngoc Hung, Trade Counselor, Head of the Vietnamese Trade Office in the US, said that in the first quarter of 2025, Vietnam's exports to the US reached 31.4 billion USD, up 22% over the same period, and imports reached 4.1 billion USD, up 21%.

This result shows that the foreign trade structure between Vietnam and the US is complementary and not directly competitive.

In the context of trade between Vietnam and the US facing challenges related to tariffs, Mr. Do Ngoc Hung believes that there are still opportunities in challenges.

Accordingly, currently many leading US retail corporations such as Walmart, Target  (importing   30% of Vietnamese goods), Costco, HomeDepot... still show their support and trust that Vietnam will reach an agreement with the US, through removing reciprocal tariffs.

“Leading US businesses and distribution corporations are considering attending the event Connecting the International Supply Chain - Vietnam International Sourcing & Ho Chi Minh City Export Forum 2025 taking place in September 2025, co-organized and implemented by the Ministry of Industry and Trade,” Mr. Do Ngoc Hung informed, adding that there are many positive signals in the issue of tariff negotiations between the two countries.


Trade Counselor: Vietnam will negotiate with the US this week

 

Trade Counselor: Vietnam will negotiate with the US this week

It is expected that on May 1, a Vietnamese technical exchange delegation will visit the US and work with relevant agencies of that country on bilateral trade negotiations.

The information was announced by Mr. Do Ngoc Hung, Trade Counselor of the Vietnam Trade Office in the US, on April 29. According to Mr. Hung, Vietnam is among the countries that the US prioritizes for negotiations, along with India, the UK, Japan, South Korea and Indonesia.

It is expected that on May 1, a Vietnamese technical delegation will visit the US and conduct work and negotiations with relevant agencies of this country. "This shows that the US considers Vietnam an important, serious, and good-willed partner and genuinely acknowledges their concerns," Mr. Hung commented.

The Trump administration  has postponed high reciprocal tariffs  on dozens of trading partners for 90 days, including Vietnam. The temporary tariff rate is 10%.

On April 23, Minister of Industry and Trade Nguyen Hong Dien – Head of the delegation negotiating the trade agreement with the US –  had a phone call  with US Trade Representative Jamieson L. Greer to officially launch negotiations on bilateral economic and trade issues between Vietnam and the US. This was an important meeting to discuss the principles, scope and roadmap of the negotiations. A day later, the Office of the US Trade Representative (USTR) assessed this phone call as “effective” to discuss bilateral trade relations between the two countries.

According to the representative of the Vietnam Trade Office in the US, this move by USTR shows the US's serious consideration of the results and contents that the Vietnamese side presented during the discussion.

Mr. Hung recommended that Vietnamese focal agencies continue to strengthen diplomatic efforts and negotiations to lobby for and resolve reciprocal tax issues. Along with that, Vietnam needs to implement a specific roadmap to protect trade interests against potential tariff measures from the Trump administration.

According to statistics, in the first quarter of the year, Vietnam's exports to the US reached 31.4 billion USD, up 22% over the same period. In contrast, Vietnam imported 4.1 billion USD from this country, up 21% over the same period.

Mr. Hung assessed that the foreign trade structure of the two countries is complementary, not directly competitive, and helps US consumers access Vietnamese export products with increasingly improved quality and competitive prices.

According to Mr. Hung, the US imposition of reciprocal tariffs causes instability and risks to world trade and difficulties for the US market itself. “Many large US businesses and retail distribution chains have expressed their support and trust that Vietnam will reach a suitable agreement by removing reciprocal tariffs or adjusting them to an appropriate level,” Mr. Hung informed.

According to VnExpress.net

Monday, April 28, 2025

Pepper Market April 28, 2025

Pepper Market April 28, 2025: Prices decreased at the beginning of the week

Pepper prices today recorded new fluctuations, traders in Dak Lak and Dak Nong are purchasing at the highest price of 156,000 VND/kg, a slight decrease compared to last week. Some farmers are harvesting both durian and coffee, which are getting good prices, so they are not under financial pressure to sell.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Malaysian ASTA black pepper at 9,300 USD/ton; followed by Indonesian Lampung black pepper at 7,126 USD/ton; and Brazilian ASTA black pepper at 6,900 USD/ton.

 Vietnam's black pepper  export  price continues to fluctuate between 6,800 - 6,900 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

April 28 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7.126

Brazilian Black Pepper ASTA 570

6,900

Kuching Black Pepper (Malaysia) ASTA

9,300

Vietnamese black pepper (500 g/l)

6,800

Vietnamese black pepper (500 g/l)

6,900

At the same time of survey, the price of Malaysian ASTA white pepper stood at the highest level of 11,900 USD/ton; Vietnamese white pepper was quoted at 9,800 USD/ton and Indonesian Muntok white pepper was 9,643 USD/ton.

Type name

World white pepper price list

April 28 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,643

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,800

Update pepper information

According to the Vietnam Pepper and Spice Association (VPSA), prolonged drought in the first months of 2025 has significantly affected pepper production in the Central Highlands and Southeastern provinces.

Some rains in some areas have helped relieve the drought in pepper gardens. However, for areas that have not yet harvested, this is a good condition for pepper plants. However, for gardens that have already harvested, it will affect flower bud differentiation, leading to a possible decrease in pepper yield next year.

Therefore, people need to apply drip irrigation technology to save water, weed gardens or use covering materials to keep the soil moist and reduce evaporation.

Vietnam's pepper harvest is at its peak and is expected to last until the end of April 2025. Unlike previous years, when pepper was harvested, prices fell due to abundant supply. However, domestic pepper prices have remained around 150,000 VND/kg since the beginning of the year because farmers have been selling sparingly. Some farmers are also harvesting durian and  coffee,   which are getting good prices, so they are not under financial pressure to sell.

Information about the US's reciprocal tax caused pepper prices to drop sharply in early April, but soon after that they increased back to the old level, helping people feel secure in production.

Although pepper prices have increased compared to last year, pepper replanting has not been strong in the provinces because there is no new land or farmers are growing crops with higher economic value than pepper, so it is expected that the production area will be difficult to increase in 2025.

According to VietnamBiz.vn


 

Agricultural product prices on April 28: Coffee and pepper maintain stable momentum at high levels


DNVN - Agricultural product prices today, April 28, 2025, show that coffee prices remained stable after a slight decrease in the previous session, while pepper prices remained unchanged compared to yesterday's trading session.

 
 
Tạp chí Doanh Nghiệp28/04/2025

Agricultural product prices on April 26, 2025: Coffee continues to increase, pepper is stable



Illustration photo. Photo: Internet

Coffee prices stable at high levels

At the London Stock Exchange, at 5:00 a.m. on April 28, 2025, Robusta coffee prices closed the session with a steady trend, fluctuating between 5,160 - 5,488 USD/ton compared to the previous session. Specifically, the coffee price for delivery in July 2025 reached 5,415 USD/ton; September 2025 at 5,363 USD/ton; November 2025 recorded 5,298 USD/ton and January 2026 reached 5,210 USD/ton.


In New York, the price of Arabica coffee in the early morning of April 28 increased slightly, ranging from 370.95 to 410.50 cents/lb. Specifically, the futures price for July 2025 closed at 399.00 cents/lb; September 2025 reached 392.10 cents/lb; December 2025 reached 383.85 cents/lb and March 2026 recorded 377.15 cents/lb.

At the end of the session, the price of Brazilian Arabica coffee showed stability, fluctuating between 470.00 - 521.75 USD/ton, equivalent to the previous session. Specifically, the May 2025 term reached 521.75 USD/ton; July 2025 reached 504.50 USD/ton; September 2025 recorded 480.00 USD/ton and December 2025 was 470.00 USD/ton.

In the domestic market, coffee prices in the Central Highlands on the morning of April 28, 2025 were recorded unchanged compared to the previous slight adjustment session, with an average purchase price of VND 130,600/kg.

 

Specifically, this morning coffee price in Dak Lak was purchased at 130,700 VND/kg; in Lam Dong it was 130,000 VND/kg; in Gia Lai it was 130,500 VND/kg and in Dak Nong it was 130,700 VND/kg.

Last week, coffee prices in the Central Highlands recorded alternating increases and decreases, but overall for the week, prices increased by VND1,000/kg compared to the previous week.

In the first quarter, Vietnam exported 32,395 tons of coffee to the US market, earning a turnover of 180.3 million USD. Compared to the first quarter of 2024, the export volume decreased by 13%, but the value increased sharply by 51% thanks to improved selling prices.

According to data from the General Department of Vietnam Customs, the total volume of coffee exported nationwide in the first quarter of 2025 reached 495,780 tons, with a value of 2.81 billion USD. Compared to the same period last year, the export volume decreased by 15.3%, but the turnover increased by 45.8% due to international coffee prices remaining at high levels.

Experts say that the current coffee market is fluctuating unpredictably under the influence of many intertwined macro and micro factors.

 

First, global supply is a key factor. Brazil, the leading Arabica producer, entered the 2024/25 crop year expecting a bumper crop thanks to favorable weather, raising concerns about oversupply and putting downward pressure on prices.

Meanwhile, Vietnam – the world’s largest Robusta exporter – has seen output decline due to the prolonged impact of El Niño, which has been particularly severe in the Central Highlands. However, coffee inventories among farmers remain abundant, ensuring uninterrupted supply. At the same time, global financial factors are also strongly influencing the coffee market.

Combining the above factors, the coffee market is entering a short-term adjustment period, while the medium-term trend will depend largely on the weather and demand from major importing countries.

In Vietnam, prolonged drought in the Central Highlands is severely affecting the coffee crop, causing farmers in Dak Nong to face a shortage of irrigation water during the peak of the dry season.

On the other hand, the EU anti-deforestation regulation (EUDR) of the European Union is putting more pressure on major coffee exporting countries such as Vietnam, Brazil, Colombia and Indonesia. Failure to meet the EUDR standard could reduce the supply of coffee to the EU market, leading to a risk of global shortages and pushing up coffee prices.

 

Pepper prices are stable

According to records at 5:00 a.m. on April 28, 2025, the domestic pepper market continued to be stable and flat compared to the previous session, with the average purchase price in key areas reaching 155,300 VND/kg.

Specifically, pepper prices in Gia Lai this morning were stable and unchanged from yesterday, currently being purchased at 154,500 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau continue to be stable, with the current purchase price being 155,000 VND/kg.

In Binh Phuoc, pepper prices have not fluctuated compared to the previous session, currently maintaining a purchase price of 155,000 VND/kg.

 

Pepper prices in Dak Nong and Dak Lak have a stable trend, remaining at a high level of 156,000 VND/kg in each locality.

According to the update at 5:00 a.m. on April 28, 2025 from the International Pepper Community (IPC), world pepper prices are showing a stable and sideways trend.

In detail, IPC listed the price of Lampung black pepper (Indonesia) at 7,126 USD/ton; while Muntok white pepper was traded at 9,643 USD/ton.

In Malaysia, the pepper market has stabilized after many adjustment sessions, with ASTA black pepper price reaching 9,300 USD/ton and ASTA white pepper reaching 11,900 USD/ton.

Pepper prices in Brazil remained unchanged from the previous session, with the current purchase price reaching 6,900 USD/ton.

 

Meanwhile, the Vietnamese pepper market remains stable, with the price of 500 g/l black pepper reaching 6,800 USD/ton, 550 g/l at 6,900 USD/ton, and white pepper at 9,800 USD/ton.

Overall, last week, although the domestic pepper market had some volatile sessions, in general, there were not many changes compared to last week.

Specifically, only pepper prices in Gia Lai recorded a slight decrease of 500 VND/kg, while pepper prices in other provinces and cities remained unchanged.

According to the Vietnam Pepper and Spices Association (VPSA), global pepper output in 2025 is expected to continue to decrease in many countries such as India, Indonesia and Sri Lanka.

The main reasons are low pepper growing profits, unfavorable weather conditions and increasing production costs. IPC estimates that world pepper production will decrease by 6.1% in 2025, in the context of increasing demand, contributing to keeping pepper prices high.

 

In Brazil, pepper output in 2025 is expected to reach 85,000-90,000 tons, up from 75,000 tons in 2024. The average export price of black pepper from Brazil in the first quarter reached 6,299 USD/ton, up 82.8% over the same period last year, but down slightly by 2.7% compared to the fourth quarter of 2024.

Indonesia recorded a 6% increase in pepper production in 2024, reaching 69,000 tons, but is forecast to decrease by 8.7% in 2025 due to weather impacts. Indonesia's average FOB black pepper price in the first quarter reached USD 7,201/ton, up 80% year-on-year and 7% quarter-on-quarter; while white pepper reached USD 9,807/ton, up 59% year-on-year and 8% quarter-on-quarter in 2024, thanks to reduced inventories.

In India, pepper production in 2025 is forecast to decline sharply by about 38% to about 78,000 tons due to reduced planting area and bad weather in Karnataka. The average FOB export price of black pepper in the first quarter of 2025 in India reached 7,813 USD/ton, up 16% over the same period last year, the lowest among major producing countries.

Malaysia recorded the strongest price increase in Q1/2025, with black pepper export prices increasing by 89% year-on-year and 9% compared to Q4/2024. White pepper prices also increased by 62% compared to Q1/2024.


Lan Le

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-28-4-ca-phe-va-ho-tieu-duy-tri-da-on-dinh-o-muc-cao/20250428085414201


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Friday, April 25, 2025

Pepper Market on April 25, 2025

 

Pepper Market on April 25, 2025: Trading price at 157,000 VND/kg

Pepper price today  (April 25) in the domestic market is trading at 157,000 VND/kg. In contrast, in the world market, pepper prices in Indonesia and Malaysia have both decreased.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) continued to adjust the price of Indonesian Lampung black pepper down to 7,102 USD/ton, down 2 USD/ton compared to the previous trading session.

Notably, the price of Malaysian ASTA black pepper decreased by 300 USD/ton (-3.23%), down to 9,300 USD/ton.

Meanwhile, the price of Brazilian ASTA black pepper continued to move sideways at 6,900 USD/ton. The  export  price  of Vietnamese black pepper fluctuated from 6,800 - 6,900 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

April 25 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7.102

-0.03

Brazilian Black Pepper ASTA 570

6,900

Kuching Black Pepper (Malaysia) ASTA

9,300

-3.23

Vietnamese black pepper (500 g/l)

6,800

Vietnamese black pepper (500 g/l)

6,900

In line with the black pepper market, the price of Indonesian Muntok white pepper also decreased by 2 USD/ton compared to the previous trading session, down to 9,612 USD/ton.

Similarly, the price of Malaysian ASTA white pepper decreased by 200 USD/ton, to 11,900 USD/ton.

Particularly, Vietnamese white pepper continues to be quoted at 9,800 USD/ton.

Type name

World white pepper price list

April 25 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,612

-0.02

ASTA Malaysian White Pepper

11,900

-1.68

Vietnam white pepper

9,800

Update pepper information

 The Import  -Export Department  (Ministry of Industry and Trade) said the global pepper market is facing challenges due to a decline in production in major producing countries such as Indonesia and India. The main causes are climate change, disease and high input costs.

Despite the downward adjustment in pepper prices, demand is still increasing. Vietnam, as the leading pepper supplier, is in a great position to meet this demand.

In the domestic market, pepper prices fell in early April due to pressure from increased supply amid the new harvest. Traders and farmers are worried about the ability to consume products in the coming time, especially when there is information about tariffs from the US. This has caused many farmers and exporters to decide to sell at lower prices to minimize risks.

The US's 90-day suspension of reciprocal tariffs is considered a positive signal for the pepper industry, helping pepper prices potentially increase again in the near future.

According to the Vietnam Pepper and Spice Association (VPSA), from now until the end of the year, supply and demand will remain the most important factor. Whether the US imposes tariffs or not, the global market is still in short supply, which will support pepper prices to increase again in the medium and long term.

In a recent report by Ptexim, the company said demand has improved in many markets such as Asia, the Middle East, the EU and the US. China has also bought, but the volume is insignificant.

The market has stabilized after major fluctuations following the shock of US tariffs. The 90-day US tariff delay has boosted international buying activity, but US buyers remain cautious amid uncertainty over tariff policy.

Pepper harvest in Vietnam is in its final stages nationwide. In Dak Nong – Vietnam’s main pepper producing region, harvesting is 100% complete. Meanwhile, Dak Lak – which accounts for about 30% of the country’s pepper output – has reached 80-90% harvest progress.

Particularly in the pepper growing area of ​​Quang Tri with an output of about 1,000 tons per year, this year's output is expected to decrease by 60-70% due to unfavorable weather.

Although the harvest has been completed in many localities, the supply in the domestic market in Vietnam is still clearly limited because farmers are hoarding and not selling. Ptexim believes that the domestic pepper price is expected to reach about 160,000 VND/kg in the next few weeks.

According to VietnamBiz.v