Thursday, July 10, 2025

Trump imposes 50% tax on Brazil, sends letters to 7 other countries

 

Trump imposes 50% tax on Brazil, sends letters to 7 other countries

On July 9, President Donald Trump announced that the US will impose a 50% tariff on imports from Brazil starting August 1.

Brazil taxed 50%

On July 9, President Donald Trump announced that the United States would impose a 50% tariff on imports from Brazil starting August 1, partly in retaliation for the ongoing prosecution of the country's former President, Jair Bolsonaro.

In a letter, Mr. Trump said the new tariffs were also a response to the “very unfair trade relationship” between the two countries. The new tariffs are a sharp increase from the 10% rate the U.S. imposed on Brazilian goods in early April.

The letter to Brazil's incumbent President  Luiz Inacio Lula da Silva follows about two dozen other letters that Trump has sent to world leaders in recent weeks announcing reciprocal tariffs.

The value of Brazil's real fell more than 2% against the US dollar following Mr. Trump's announcement, according to  CNBC .

Mr Trump has previously criticized Brazil for its treatment of Mr Bolsonaro, a close ally of the US president, who is on trial for his role in an alleged coup to overturn his own defeat in the 2022 election.

In a letter posted on the social network Truth Social, Mr. Trump called the current situation “an international disgrace.” He criticized Mr. Bolsonaro’s trial as a “witch hunt.”

Mr  Trump also criticized Brazil's "vicious attacks on free elections and Americans' fundamental right to free speech".

According to  CNBC , this criticism seems to refer to a recent ruling by Brazil's Supreme Court, which could hold social media platforms liable for user content.

In addition, Mr. Trump also declared that Brazil's trade policies have caused "an unsustainable trade deficit for the United States", threatening the US economy and national security.

However, according to the Office of the United States Trade Representative, the world's number one superpower recorded a trade surplus in goods with Brazil, reaching $7.4 billion by 2024.

In  the letter, Mr. Trump revealed that the US is also conducting an investigation into Brazil's potential unfair trade practices.

The White House owner said the investigation was conducted based on “Brazil's continued attacks on the digital commerce activities of American businesses”.

“Please understand that this 50% figure is far below what is needed for us to level the playing field with your country,” Trump wrote. “This figure is needed to correct the grave injustices of the current administration.”

Send more letters to 7 other countries

Parts  of the letter to President Lula da Silva match the content of 21 other tariff letters that President Trump has sent to other world leaders since July 7.

On July 9 alone, Mr. Trump sent additional letters to seven countries: the Philippines, Brunei, Moldova, Algeria, Iraq, Libya and Sri Lanka.

All of those letters said the new reciprocal tariffs were separate from “sector-specific” tariffs on specific imports, such as steel, aluminum and autos.

All  also warned in advance that if countries decide to increase their own import tariffs on US goods “for any reason,” the US will raise its tariff rates accordingly.

And all noted that the US “may consider adjusting” if countries remove their tariff and non-tariff trade barriers.

“These tariffs may be adjusted, increased or decreased, depending on our relationship with your country. You will never be disappointed with America,” the letters said.

Tariffs on the 21 countries range from 20% to 40%. All will take effect on August 1, and Mr. Trump has stressed that “there will be no extension” of the new deadline.


Pepper price today July 10, 2025

 

Pepper price maintains its position at 140,000 - 142,000 VND/kg

Pepper price today, July 10, 2025, is stable at 140,000 - 142,000 VND/kg, maintaining its performance in the Central Highlands and Southeast, with imports reaching 3,711 tons.

Báo Đà NẵngBáo Đà Nẵng10/07/2025

Update domestic pepper prices today July 10, 2025

Today's pepper price was updated by Da Nang Newspaper at 4:30 a.m. on July 10, 2025 as follows: Pepper purchase price in key areas fluctuates around 140,000 - 142,000 VND/kg. Specifically:

Pepper price today 7/10/2025 Pepper price maintains its position at 140,000 - 142,000 VND/kg

Pepper price today in the Central Highlands region

In Dak Lak province: The price is 142,000 VND/kg, unchanged from the previous day.
In Gia Lai province: The price is 140,000 VND/kg, unchanged from the previous day.
In Dak Nong province: The price is 141,000 VND/kg, unchanged from the previous day.

Pepper price today in the Southeast region

In Ba Ria - Vung Tau province: The price is 140,000 VND/kg, unchanged from the previous day.
In Binh Phuoc province: The price is 140,000 VND/kg, unchanged from the previous day.

In the first 17 days of June 2025, Vietnam imported about 3,711 tons of pepper, equivalent to a value of 22.2 million USD. This is a quite high number, although domestic pepper supply is still abundant after the main harvest season.

The two main sources of pepper for Vietnam during this period were Brazil and Cambodia, with output of 1,783 tons and 1,339 tons, respectively. The large imports from Brazil - one of the world's largest pepper producing countries - show that Vietnamese businesses are taking advantage of competitive prices and diverse sources of goods to stockpile for processing and re-export. Meanwhile, pepper from Cambodia is mainly transported by road, helping to reduce transportation costs and make importing more convenient.

Some prominent pepper importing enterprises during this period include Olam Vietnam (672 tons), Vietnam Spices (304 tons), and Simexco Dak Lak (245 tons).

Update world pepper prices today 7/10/2025

According to a survey by Da Nang Newspaper at 04:30 on July 10, 2025, today's pepper price on the global market fluctuates between 6,225 USD/ton (163,842 VND/kg) and 11,750 USD/ton (309,260 VND/kg), with Brazilian black pepper ASTA 570 at the lowest level and Malaysian white pepper ASTA at the highest level.

Black pepper price today

Indonesian black pepper: 7,547 USD/ton (equivalent to 198,638 VND/kg), unchanged.

Brazilian black pepper ASTA 570: 6,225 USD/ton (equivalent to 163,842 VND/kg), unchanged.

Malaysian ASTA black pepper: USD 8,900/ton (equivalent to VND 234,248/kg), unchanged.

Vietnamese black pepper 500 g/l: 6,440 USD/ton (equivalent to 169,501 VND/kg), unchanged.

Vietnamese black pepper 550 g/l: 6,570 USD/ton (equivalent to 172,923 VND/kg), unchanged.

Market International price (USD/ton) Domestic price (VND/kg)
Indonesian - Black Pepper 7,547 198,638
Brazilian Black - Pepper ASTA 570 6.225 163,842
Malaysia - Black Pepper ASTA 8,900 234,248
Vietnam - Black Pepper 500 g/l 6,440 169,501
Vietnam - Black Pepper 550 g/l 6,570 172,923

White pepper price today

Indonesian white pepper: 10,195 USD/ton (equivalent to 268,333 VND/kg), unchanged.

Malaysian ASTA white pepper: 11,750 USD/ton (equivalent to 309,260 VND/kg), unchanged.

Vietnam ASTA white pepper: 9,150 USD/ton (equivalent to 240,828 VND/kg), unchanged.

Experts advise taking advantage of the current good prices to balance finances, while closely monitoring international market fluctuations and Vietnam's export policies in the third quarter to have appropriate sales strategies.

Market International price (USD/ton) Domestic price (VND/kg)
Indonesian - White Pepper 10,195 268,333
Malaysia - White Pepper ASTA 11,750 309,260
Vietnam - White Pepper ASTA 9,150 240,828

According to data from China Customs, in the first 5 months of 2025, the country imported a total of 4,017 tons of pepper, equivalent to 25.5 million USD, an increase of 53.8% in volume and more than double in value compared to the same period last year.

Indonesia was the largest pepper supplier to China, with 2,219 tons, accounting for 55.2% of the market share and up 66.5% year-on-year. Vietnam ranked second with 1,288 tons, up 33.8%, but its market share fell slightly from 36.9% to 32.1%.

The reason for Vietnam's market share decrease is that the pepper export price to China increased sharply, reaching an average of 7,053 USD/ton, much higher than the price of Indonesian pepper (5,831 USD/ton). Indonesian pepper price also increased by 33.1% compared to the same period last year.

In addition, China also imported pepper from Brazil (356 tons, up 142%) and Malaysia (112 tons, up 8.7%) during the same period.

These figures show that the international pepper market is facing fierce competition in terms of price and supply, and reflect the trend of increasing global consumption demand.

Source: https://baodanang.vn/gia-tieu-hom-nay-10-7-2025-gia-tieu-giu-vung-phong-do-o-nguong-140-000-142-000-dong-kg-3265349.html


Update latest pepper price today 7/10/2025

 

News, forecast for pepper price tomorrow, July 11, 2025: Will pepper price "spend money" or still "yawn"?

Pepper price on July 11, 2025 is expected to be stable, not "spent money". The market is quiet, Gia Lai may increase slightly by 100-200 VND/kg, farmers keep their goods waiting for good prices.

Báo Đà NẵngBáo Đà Nẵng10/07/2025

News, pepper price forecast tomorrow 11 7 2025 Pepper price is still yawning or spending money
Pepper price on July 11, 2025 is expected to be stable, market is calm

Update latest pepper price today 7/10/2025

Today, July 10, pepper prices in some areas remained stable, with only one area slightly decreasing; currently, prices fluctuate between 140,000 - 142,000 VND/kg.

Pepper price in the Central Highlands

In Dak Lak, pepper price is 142,000 VND/kg, unchanged from yesterday.

In Gia Lai, pepper price is 140,000 VND/kg, unchanged from yesterday.

In Lam Dong province (formerly merged Dak Nong ), pepper price is at 140,000 VND/kg, down 1,000 VND/kg compared to yesterday.

Pepper price in Southeast region

In Ho Chi Minh City (formerly Ba Ria - Vung Tau merged), pepper price today is at 140,000 VND/kg, unchanged from yesterday.

In Dong Nai (formerly merged Binh Phuoc), pepper price today is at 140,000 VND/kg, unchanged from yesterday.

Update the latest pepper prices in the world market

Indonesian black pepper price is currently at 7,526 USD/ton, down 0.28%; Indonesian white pepper price is recorded at 10,167 USD/ton, also down 0.28%.

In Malaysia, the price of ASTA black pepper is still at 8,900 USD/ton; the price of Malaysian ASTA white pepper is at 11,750 USD/ton, with no fluctuations.

In the Brazilian market, the purchase price of black pepper ASTA 570 remained at 6,225 USD/ton, unchanged from before.

In Vietnam, the price of 500 g/l black pepper is currently at 6,440 USD/ton and 550 g/l at 6,570 USD/ton; the price of ASTA white pepper is currently at 9,150 USD/ton, both unchanged from the previous day.

News, pepper price forecast tomorrow 7/11/2025

According to the latest forecast, pepper prices on July 11, 2025 are expected to remain stable, with no major fluctuations in the domestic and international markets. Current factors show that the pepper market has not shown any signs of a breakthrough, creating a reasonable sideways trading session for tomorrow.

Domestic market on July 11, 2025

Domestic pepper prices on July 11, 2025 are forecast to remain stable at the current level. Farmers' pepper inventories remain at an average level, with no signs of dumping. Export demand has not increased sharply, causing exporters to remain cautious in setting prices.

In some localities such as Gia Lai, pepper prices may increase slightly by about 100-200 VND/kg due to some traders buying goods after the previous adjustment session. However, this increase is not enough to create a new trend in the general market.

Farmers in key areas such as Dak Lak, Gia Lai and Dong Nai still keep pepper in stock, only selling when the price exceeds VND145,000/kg to ensure profits. Heavy rains in the Central Highlands also reduce selling pressure, affecting transportation and pepper quality.

International market on July 11, 2025

In the international market, pepper prices on July 11, 2025 are expected to remain stable or decrease slightly in major producing countries such as Indonesia, Malaysia and Brazil. Exporters are waiting for feedback from import partners, making it difficult to finalize FOB prices for orders in July and August.

Logistics costs that did not decrease as expected also contributed to maintaining current prices, limiting domestic pepper purchases from export companies. Therefore, the international market remains in a state of balance, with no major fluctuations in the short term.

If you need more detailed information about pepper prices on July 11, 2025, follow the next updates for the most accurate and timely view.

Source: https://baodanang.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-11-7-2025-gia-tieu-co-tieu-tien-hay-van-ngap-dai-3265417.html

Monday, July 07, 2025

Pepper Market on July 7, 2025

 

Asia is a bright spot in the pepper export picture

Pepper prices today  (July 7) in the domestic market increased slightly by VND1,000 to VND141,000-142,000/kg. In the first half of 2025, pepper exports to America, Europe and Africa decreased sharply by two figures, while Asia was the only region to grow.

In the world market

The International Pepper Community (IPC) is listing the price of Indonesian black pepper at $7,539/ton, the price of Brazilian black pepper ASTA 570 at $6,250/ton, while the price of Malaysian black pepper ASTA stands at the highest level of $9,000/ton.

In Vietnam, the  export  price of black pepper  still fluctuates between 6,240 - 6,370 USD/ton for 500 g/l and 550 g/l black pepper.

Type name

World black pepper price list

July 7 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,539

Brazilian Black Pepper ASTA 570

6,250

Kuching Black Pepper (Malaysia) ASTA

9,000

Vietnamese black pepper (500 g/l)

6,240

Vietnamese black pepper (500 g/l)

6,370

At the same time of survey, the price of Indonesian Muntok white pepper was quoted at 10,184 USD/ton, Malaysian ASTA white pepper reached 11,750 USD/ton and Vietnam's exported white pepper stood at 8,950 USD/ton.

Type name

World white pepper price list

July 7 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,184

ASTA Malaysian White Pepper

11,750

Vietnam white pepper

8,950

Update pepper information

According to preliminary statistics from the Vietnam Pepper and Spice Association (VPSA), by the end of June 2025, Vietnam had exported 124,133 tons of pepper of all kinds, of which black pepper reached 105,939 tons and white pepper reached 18,194 tons. Total export turnover reached 850.5 million USD, black pepper reached 704.1 million USD, white pepper reached 146.4 million USD.

Compared to the same period last year, pepper exports decreased by 12.9% in volume but increased by 34.1% in value. This increase in turnover was due to the average pepper export price in the first 6 months of the year reaching 6,852 USD/ton, up 54% over the same period.

In the first half of 2025, pepper exports to the Americas, Europe and Africa decreased sharply by double digits of 26.9%, 21% and 16%, while Asia increased by 3%.

The US continues to be the largest consumer market of Vietnamese pepper, accounting for 23.6% of total export volume with 27,463 tons, but down 26.6% compared to the same period. Next are the markets: China: 9,293 tons, up 24.7% and accounting for 7.5%; India: 8,804 tons, up 7.7% and accounting for 7.1%; UAE: 8,747 tons, up 4.3%; Germany: 7,239 tons, down 24%.

The leading exporters include: Olam Vietnam: 12,388 tons, accounting for 10% of the export market share and down 6.7% year-on-year. Followed by: Nedspice Vietnam: 10,604 tons, up 2.5%, Phuc Sinh: 10,232 tons, up 8.2%; Tran Chau: 6,624 tons and Haprosimex JSC: 6,460 tons, down 26.9% and 35.7% respectively.

On the other hand, in the first 6 months of 2025, Vietnam  imported   28,296 tons of pepper of all kinds, with a total import turnover of 174.1 million USD, black pepper reached 23,537 tons, white pepper reached 4,759 tons. Compared to the same period last year, the import volume increased by 57.2%, and the turnover increased by 150.1%.

Brazil, Cambodia and Indonesia are the three largest pepper suppliers to Vietnam, with volumes reaching 14,904 tons, 6,257 tons and 5,574 tons respectively. Compared to the same period last year, imports from Brazil increased by 105.8%, from Cambodia by 0.7% and from Indonesia by 86.4%.

The main importing enterprises include: Olam Vietnam: 6,433 tons, Tran Chau: 2,524 tons and Nedspice Vietnam: 1,809 tons.

According to VietnamBiz.vn


Pepper Market July 3, 2025

 

Update pepper information

According to  the People's Police Newspaper , announced on the social network Truth Social, Mr. Trump said that the US will impose a 20% tax on Vietnamese export goods, instead of the 46% rate as planned announced in April.

In addition, goods transiting from third countries through Vietnam will be subject to a higher tax rate of 40%. In return, Vietnam commits to completely exempting (0%) tariffs on US goods, including large-engine cars.

“I am honored to announce that I have just reached a trade agreement with the Socialist Republic of Vietnam,” Mr. Trump wrote on the social network Truth Social, after a phone call with General Secretary To Lam.

In an official statement, the Vietnamese Ministry of Foreign Affairs confirmed that the two sides had agreed on a new trade cooperation framework, although it did not specify the tariff levels. Accordingly, Vietnam will expand market access for US goods, especially in the technology and automobile sectors.

According to data from the Vietnam Customs Department, by the end of May 2025, Vietnam's pepper exports reached 99,922 tons, worth 690.4 million USD, down 12.5% ​​in volume but up 40.5% in value over the same period last year thanks to strong price increases.

The US continues to be the largest export market for Vietnamese pepper, accounting for 24.7% of the total volume and 26.8% of the total export turnover of this item. Pepper exports to this market reached 24,687 tons of pepper, equivalent to 184.9 million USD, down 18.9% in volume but up 34.8% in value compared to the same period last year, due to a sharp increase in export prices of 66.1% to an average of 7,490 USD/ton.

In May alone, pepper exports to the US reached 6,926 tons, equivalent to 52.37 million USD, up 2.3% in volume and 6.2% in value compared to the previous month. However, compared to the same period last year, export volume decreased by 9.3%, while value increased by 34.8%.

On the other hand, according to the Vietnam Pepper and Spice Association (VPSA), the US cannot produce pepper so it depends entirely on imports, of which 60-70% is imported from Vietnam.

According to VietnamBiz.vn


Wednesday, July 02, 2025

Pepper Market on July 2, 2025:

 

Continuously increasing, pepper price almost returns to 150,000 VND/kg

Pepper prices today  (July 2) continued to increase sharply by 3,000 - 4,000 VND, reaching 146,000 - 147,000 VND/kg. Pepper hoarding by farmers and speculators occurred due to predictions that prices would increase sharply in the near future, contributing to a reduction in immediate supply in the market.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) adjusted the listed price of Indonesian black pepper to 7,529 USD/ton, an increase of 18 USD/ton compared to the previous trading session.

Similarly, the price of Brazilian black pepper ASTA 570 also increased sharply by 200 USD/ton, to 6,050 USD/ton.

Meanwhile, ASTA black pepper prices remained stable at $9,000/ton, unchanged from the previous session.  Vietnam’s black pepper  export  prices fluctuated between $6,240 and $6,370/ton for 500 g/l and 550 g/l black pepper.

Type name

World black pepper price list

July 2 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,547

+0.24

Brazilian Black Pepper ASTA 570

6,050

+1.65

Kuching Black Pepper (Malaysia) ASTA

9,000

Vietnamese black pepper (500 g/l)

6,240

Vietnamese black pepper (500 g/l)

6,370

At the same time of survey, the price of Indonesian Muntok white pepper increased by 30 USD/ton, up to 10,195 USD/ton.

Meanwhile, Malaysian ASTA white pepper continued to move sideways at $11,750/ton. In Vietnam, the export price of white pepper was also stable at $8,950/ton.

Type name

World white pepper price list

July 2 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,195

+0.25

ASTA Malaysian White Pepper

11,750

Vietnam white pepper

8,950

Update pepper information

 According to the Import-Export  Department  (Ministry of Industry and Trade), pepper prices have shown signs of a slight recovery since the end of June as farmers and speculators are still holding onto their goods and are not in a hurry to sell them, with the expectation that prices will recover better in the third and fourth quarters of this year.

This hoarding occurs in anticipation of a sharp increase in prices in the coming period, contributing to a reduction in immediate supply in the market.

In the world market, the increase in the US dollar and the escalation of armed conflicts in many regions have made many investors more cautious. Along with that, the increase in logistics costs also contributed to short-term pressure on pepper prices.

In the medium and long term, pepper supply from Brazil and Indonesia will impact the market. In Indonesia, the harvest is expected to start in July. Meanwhile, after the harvest in the eastern provinces, the next harvest in Espirito Santo and Para in Brazil will start in the middle of this year.

According to preliminary statistics from the Customs Department, in the first 5 months of the year, Vietnam mainly exported black pepper, accounting for 67.7% of the total volume and 64.4% of the total value, reaching 67.69 thousand tons, worth 444.76 million USD, down 15.6% in volume, but up 36.8% in value compared to the same period in 2024.

In addition, exports of ground white pepper also decreased by 3.8% in volume. In contrast, exports of ground black pepper and white pepper in the five months increased by 1.9% and 6.0% in volume, respectively, over the same period.

In terms of value, Vietnam's pepper export price increased sharply in the first 5 months of the year, causing the export value of all types of pepper from Vietnam to increase sharply compared to the same period in 2024. Of which, the export value of ground white pepper increased the most, up 51.8% over the same period in 2024.

Although Vietnam's pepper export value has increased, the growth rate has slowed down in recent months as pepper export prices have slowed down, even decreasing in April and May compared to the previous month.

Black pepper is the most exported pepper variety of Vietnam, therefore, fluctuations in the volume or export price of this variety will also affect the export situation of pepper products in general.

The average export price of Vietnam's black pepper, after peaking in March 2025 at US$6,685/ton, decreased again in April and May, down 0.6% and 2.7% respectively compared to the previous month.

In the first 5 months of the year, the average export price of Vietnam's black pepper reached 6,570 USD/ton, an increase of 62.1% over the same period in 2024.

According to VietnamBiz.vn

Tuesday, July 01, 2025

Pepper Market on July 1, 2025

 

Domestic and export prices both increased sharply

Pepper prices today  (July 1) increased sharply by 3,000 - 4,000 VND/kg, reaching 141,000 - 142,000 VND/kg. In the world market, Vietnam's pepper export prices also increased by 440 - 470 USD/ton in the context of bustling trading activities again.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Indonesian black pepper at 7,529 USD/ton, a slight increase of 1 USD/ton compared to the previous day.

Notably, Vietnam's black pepper  export  price  recorded a sharp increase of 440 - 470 USD/ton, up to 6,240 - 6,370 USD/ton for 500 g/l and 550 g/l black pepper.

In Malaysia, ASTA black pepper prices continued to remain high, reaching 9,000 USD/ton, unchanged from the previous session.

Meanwhile, the price of Brazilian black pepper ASTA 570 is currently the lowest among the monitored countries, at $5,850/ton.

Type name

World black pepper price list

July 1 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,529

+0.01

Brazilian Black Pepper ASTA 570

5,850

Kuching Black Pepper (Malaysia) ASTA

9,000

Vietnamese black pepper (500 g/l)

6,240

+7.05

Vietnamese black pepper (500 g/l)

6,370

+7.38

At the same time of survey, the price of Indonesian Muntok white pepper was traded at 10,169 USD/ton, a slight increase of 1 USD/ton. Meanwhile, Malaysian ASTA white pepper remained unchanged at 11,750 USD/ton.

In Vietnam, the export price of white pepper also increased by 150 USD/ton, to 8,950 USD/ton.

Type name

World white pepper price list

July 1 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,170

+0.01

ASTA Malaysian White Pepper

11,750

Vietnam white pepper

8,950

+1.68

Update pepper information

In Ptexim's latest report, the company said that significant increase in demand from major markets such as the US, EU, Middle East and especially from China has caused prices to increase sharply.

Easing geopolitical tensions also helped boost the market, after Iran and Israel reached a ceasefire agreement. This move triggered a strong recovery in demand from the Middle East region – a major consumer market for pepper.

The deal is expected to open up a market opportunity worth $180 million, with demand growth in the region forecast to reach 35% in the third and fourth quarters of 2025.

A series of positive news related to reciprocal tariffs from the US to major global markets such as India, China and the EU has contributed to boosting  import  demand  from these markets.

At the same time, the administration of US President Donald Trump is considering extending or delaying the application of higher import tariffs on goods from many countries, expected to take effect from July.

Specifically, on June 26, the White House announced the possibility of delaying tariffs on goods from dozens of countries, further strengthening confidence in the global market. This move will likely delay the effective date of the tariffs scheduled for early July, creating more space for bilateral and multilateral trade negotiations.

On the supply side, the Brazilian Spice Association has recommended that local companies temporarily suspend pepper exports as prices have fallen sharply. This decision quickly created a wave of global purchasing shifts, focusing heavily on supplies from Vietnam – currently the main destination in the international pepper supply chain.

Market fundamentals suggest that the recovery trend will continue in Q3 and Q4 2025, with low inventories providing a solid foundation for sustained price gains.

According to VietnamBiz.vn