Pepper Market March 31, 2025

 

Pepper Market March 31, 2025: Pepper price decreased slightly at the beginning of the week

Pepper prices today (March 31) decreased slightly by 1,000 VND to 159,000 VND/kg. Immediately after the harvest, Dak Nong farmers focused on recovering and taking full care of pepper plants, aiming for success in the next crop.

In the world market

In the world market, pepper prices have not recorded any new fluctuations. The International Pepper Community (IPC) is listing the highest price of Kuching black pepper from Malaysia at 9,900 USD/ton; followed by Lampung black pepper from Indonesia at 7,239 USD/ton; while ASTA 570 black pepper from Brazil is the lowest at 7,000 USD/ton.

 Vietnam's export  black pepper price  fluctuates between 7,100 USD/ton for 500 g/l and 7,300 USD/ton for 550 g/l.

Type name	World black pepper price list
	March 31 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,239	–
Brazilian Black Pepper ASTA 570	7,000	–
Kuching Black Pepper (Malaysia) ASTA	9,900	–
Vietnamese black pepper (500 g/l)	7,100	–
Vietnamese black pepper (500 g/l)	7,300	–

At the same time of survey, the price of Malaysian ASTA white pepper reached 12,400 USD/ton, Vietnamese white pepper was 10,100 USD/ton and Indonesian Muntok white pepper reached 10,066 USD/ton.

Type name	World white pepper price list
	March 31 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,066	–
ASTA Malaysian White Pepper	12,400	–
Vietnam white pepper	10,100	–

Update pepper information

Dak Nong Newspaper reported that right after the harvest, Dak Nong farmers focused on restoring and taking full care of pepper plants, aiming for success in the next crop.

According to the leader of Dak Nong Agricultural Development Department, post-harvest pepper care plays an important role and significance for the plant's resistance, especially in the current changing weather conditions.

Farmers are promoting the application of integrated pest management (IPM) and scientific and technical advances in production right from the beginning of the season to cut off the source of pests and diseases spreading to the next season.

During this period, in general, farmers need to let the pepper plants dry out and have time to sleep, rest, and differentiate flower buds. However, farmers should not neglect care, and should not expose the pepper roots to the sun, which will make the plants lose strength and become susceptible to fungal diseases later on.

People also need to use covering materials and root covers to effectively prevent drought; need to maintain moderate humidity, provide enough nutrients on-site, and promptly for plants.

Farmers should balance the types and amounts of fertilizers, paying attention to using more biological and microbial fertilizers because plants can easily absorb them in dry conditions.

By doing this, when the new flowering and fruiting season comes, the pepper plant will be ready to resist disease, especially in the rainy season, and grow fruit better.

Mr. Ngo Xuan Dong, Deputy Director of the Department of Agriculture and Environment of Dak Nong, said that through monitoring by the functional sector, in recent years, farmers' techniques for taking care of pepper gardens have become increasingly stable. The good news is that the trend of sustainable production, organic farming, and natural farming is increasingly being replicated by people.

Dak Nong currently has over 2,200 hectares of pepper meeting international standards such as Flo, Rainforest; 600 hectares of organic certification; 300 hectares of pepper meeting VietGAP certification.

The province continues to promote solutions for sustainable pepper development associated with linkage chains and product lines between farmers, cooperatives, businesses, especially large spice businesses in the world to improve quality and value.

Dak Nong pepper acreage ranks first in the Central Highlands and the whole country with 34,000 hectares. The average pepper yield of the province is about 2.4 tons/ha, the total annual output is about 70,000 tons.

According to VietnamBiz.vn

 

Agricultural product prices on March 28, 2025: Coffee unexpectedly drops sharply, pepper continues to be stable

DNVN - The agricultural market on March 28, 2025 recorded a significant drop in coffee prices compared to the previous trading session, with a decrease of up to VND 2,000/kg in all regions. Meanwhile, pepper prices remained stable compared to yesterday and continued to remain high. In key areas, the average pepper price is currently at VND 159,400/kg.

Tạp chí Doanh Nghiệp•28/03/2025

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Illustration photo. Photo: Internet

Coffee prices plummet

At the London exchange, at 5:00 a.m. on March 28, 2025, Robusta coffee prices continued to decline compared to the previous session, with the decrease fluctuating between 78 - 86 USD/ton, bringing the price down to around 5,172 - 5,485 USD/ton. Specifically, the May 2025 delivery contract reached 5,351 USD/ton; the July 2025 contract recorded 5,361 USD/ton; the September 2025 contract was priced at 5,327 USD/ton and the November 2025 contract stopped at 5,246 USD/ton.

In line with the trend, the price of Arabica coffee on the New York floor on the morning of March 28 decreased sharply compared to the previous session, decreasing from 9.45 - 13.20 cents/lb, fluctuating from 359.20 - 392.10.40 cents/lb. Of which, the contract for delivery in May 2025 was at 378.80 cents/lb; the contract for July 2025 was priced at 374.95 cents/lb; the contract for September 2025 stopped at 370.30 cents/lb and the contract for December 2025 closed at 362.85 cents/lb.

In the Brazilian Arabica coffee market, at the end of the trading session, prices decreased across all terms compared to the previous session, ranging from 452.85 - 483.25 USD/ton. Specifically, the contract for delivery in May 2025 reached 483.00 USD/ton; the contract for delivery in July 2025 was priced at 471.60 USD/ton; the contract for delivery in September 2025 was recorded at 465.55 USD/ton and the contract for delivery in December 2025 stopped at 452.85 USD/ton.

Domestic coffee market adjusted down

Updated at 5:00 a.m. on March 28, 2025, coffee prices in the Central Highlands provinces decreased sharply compared to the previous session, with a decrease of up to 2,000 VND/kg in the entire locality. The average purchase price is currently recorded at 133,400 VND/kg.

In more detail, coffee prices in Dak Lak were traded at VND133,400/kg; in Lam Dong, coffee prices reached VND132,400/kg; Gia Lai recorded a price of VND133,300/kg, while Dak Nong maintained at VND133,400/kg.

In the 2024–2025 coffee harvest in Kbang District, Gia Lai Province, the yield was quite high. Mr. Nguyen Van Trang, a farmer in Dak Roong Commune, harvested about 10 tons of coffee beans on an area of ​​3 hectares. After the 2025 Lunar New Year, he sold half of the yield at VND120,000/kg to cover debts and living expenses.

The remaining amount, equivalent to about 5 tons, was kept by Mr. Trang because he noticed that the coffee price kept increasing every week and month. According to him, this was a record high price in the coffee industry, so people decided to keep the goods, waiting for a better price before selling.

The leader of the Vietnam Coffee and Cocoa Association (VICOFA) said that when coffee prices reached VND130,000/kg in early March, most farmers in the Central Highlands and Southeast stopped selling. This forced purchasing units to raise prices to get supply.

It is forecasted that in the coming time, if the hoarding situation continues, coffee prices may increase to 140,000 - 150,000 VND/kg. However, this also poses a big challenge for processing and exporting enterprises as input costs are getting higher and higher.

Pepper prices remain stable

As of 5:00 a.m. on March 28, 2025, domestic pepper prices remained unchanged compared to yesterday, continuing to stay at a high level. Currently, the average purchase price in key areas is 159,400 VND/kg.

Specifically, in Gia Lai, pepper prices remained stable at VND159,000/kg after increasing sharply in the previous session. In Ba Ria - Vung Tau, pepper prices also remained at VND159,000/kg.

In Binh Phuoc, pepper prices continued to remain stable at 159,000 VND/kg.

In Dak Lak, after increasing in the previous trading session, pepper price today remained unchanged at 160,000 VND/kg.

In Dak Nong, the pepper market continues to be stable, pepper price is still purchased at 160,000 VND/kg.

World pepper prices remain high

According to data from the International Pepper Community (IPC), at 5:00 a.m. on March 28, 2025, the world pepper market did not fluctuate compared to the previous session, remaining at a high level.

Currently, Lampung black pepper price (Indonesia) is being traded at 7,229 USD/ton, while Muntok white pepper price is 10,052 USD/ton.

The Malaysian pepper market also recorded stability, with ASTA black pepper prices at USD 9,900/ton and ASTA white pepper reaching USD 12,400/ton.

In Brazil, pepper prices remained stable after the previous increase, currently reaching 7,000 USD/ton.

Vietnam's pepper export market continues to maintain a stable and high level. Specifically, Vietnam's black pepper export price is 7,100 USD/ton for 500 g/l; 550 g/l is 7,300 USD/ton; while white pepper is traded at 10,100 USD/ton.

Pepper industry maintains growth momentum

In recent years, the Vietnamese pepper industry has made significant progress. Pepper growers increasingly focus on organic and sustainable production. Many farmers have also proactively linked value chains and invested in deep processing to improve product quality, serving both domestic and export markets.

In the Central Highlands, the pepper harvest is progressing rapidly. In Dak Nong, about 70% of the area has been harvested; Lam Dong has reached about 60%; Dak Lak has only harvested 40%, while other localities have fluctuated around 50%. Although the harvest output is quite large, the actual supply is still limited due to the psychology of holding goods waiting for high prices. Meanwhile, businesses and traders are facing difficulties with working capital, warehouses and interest costs that increase seasonally.

In the first two months of the year, Vietnam’s pepper exports fell by 15.8% but the value increased by nearly 40%, reflecting a strong price trend. As domestic supply is scarce, many businesses have sought imports from other markets. Notably, Vietnam is currently Brazil’s largest customer, with a total import volume of more than 4,200 tons of pepper, worth nearly 26 million USD, nearly triple that of the same period last year.

It is forecasted that in the coming time, pepper prices will still have many positive prospects as demand from major markets such as the US and EU continues to be high, while domestic supply is limited due to farmers' tendency to hoard goods.

Lan Le (t/h)

Source: https://doanhnghiepvn.vn/kinh-te/gia-nong-san-ngay-28-3-2025-ca-phe-giam-manh-bat-ngo-ho-tieu-tiep-tuc-on-dinh/20250328100822917

BRAZILIAN PINK PEPPER

 

Can the upward trend in pepper prices be maintained in 2025?

 

Can the upward trend in pepper prices be maintained in 2025?

Declining production is expected to be the main driver for pepper prices in 2025.

Pepper prices  increase for second consecutive year 

In 2024, the pepper market recorded the second consecutive year of strong growth in price and  export  turnover . Accordingly, domestic pepper prices at the end of this year nearly doubled compared to the beginning of the year to 140,000 VND/kg.

 Source: Giatieu.com (H.My compiled)

Regarding consumption, Vietnam exported 250,600 tons of pepper of all kinds, earning 1.3 billion USD, down 5.1% in volume but up 45.4% in value compared to the previous year. The main reason is that the average export price of black pepper in 2024 reached 5,154 USD/ton, up 49.7% and white pepper reached 6,884 USD/ton, up 38.9% compared to last year.

Declining manufacturing activity has contributed to pushing up domestic and export prices in recent times.

 Source: General Department of Customs (compiled by H.Mị)

According to the Vietnam Pepper and Spice Association (VPSA), unfavorable weather conditions have negatively affected pepper production. In Dak Nong, the capital of Vietnam’s pepper, output was recorded at the same level as last year.

In addition, the trend of crop conversion is also affecting output. Typically, in Dak Lak province, the province with the second largest pepper area and output in the country, it is assessed that it has decreased as people switch to growing durian and there is not much new planting.

It is expected that farmers will start harvesting pepper after Tet and it will last until the end of April.

Talking to us at the VPSA summary conference held on January 16, Mr. Thai Nhu Hiep - Chairman of the Board of Directors and Director of Vinh Hiep Company Limited, said that in recent years, the Central Highlands region has had plants that have brought good economic efficiency, including coffee, durian, etc. As for pepper, although it also brings very high values, the cost of land improvement is very high, and this work is very difficult and risky. Therefore, the pepper growing area in Vietnam is increasingly narrowing.

Major pepper growing countries such as Indonesia and Brazil also recognize that growing  coffee   is more efficient and profitable. At the same time, coffee consumption is increasing while supply is decreasing. As for pepper, consumer demand has not increased, and price increases sometimes come from speculation and resale between traders.

“When prices are high, people can abstain from pepper but cannot abstain from drinking coffee,” said Mr. Hiep.

Supply is decreasing, supporting pepper prices

The Chairman of Vinh Hiep Company believes that the trend of increasing export value but decreasing export volume will continue in 2025 when the world's inventory is not much left. Meanwhile, in Vietnam, goods are mainly in the hands of speculators. They have been buying since the price was around 110,000 VND/kg. These people use money from taking profits from other agricultural products that have just experienced a hot period such as coffee, durian, ... to buy pepper.

“Speculators think that pepper prices could reach VND200,000/kg in 2025-2026. We cannot judge whether that view is right or wrong, but we can clearly see that output is gradually decreasing,” said Mr. Hiep.

According to VPSA's forecast, global pepper output in 2025 will continue to decrease compared to 2024, marking the fourth consecutive year of decline since 2022. This reflects the fact that pepper is no longer the main crop of many farmers, especially in the context of the significant increase in economic value of other crops such as durian, coffee and oil palm. In addition, climate change with extreme weather events has reduced productivity and increased the cost of maintaining pepper production.

“Global pepper prices in 2025 are expected to remain high due to reduced supply, while demand in major markets such as the US and Europe remains stable. Demand for pepper in the food and spice processing industries remains the main driver of the market,” VPSA said.

Regarding export activities, Mr. Hiep said that currently, businesses have also learned from the previous crop year when they only sign export contracts when they are sure they have purchased the goods.

“In the previous crop year, many businesses “short-sold” pepper, meaning they signed sales contracts and then purchased pepper from farmers. However, last year, farmers’ economic life improved a lot, so the pressure to sell pepper to make ends meet was not great. This put businesses at great risk when it was difficult to buy goods to deliver to  importing  businesses ,” Mr. Hiep shared.

According to VietnamBiz.vn

Pepper Market March 21, 2025

 

Pepper Market March 21, 2025: Prices continue to stand firm

Pepper prices today (March 21) are trading at 160,000 - 161,000 VND/kg, unchanged from yesterday. In the world market, pepper prices in Brazil and Indonesia also increased simultaneously.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Indonesian Lampung black pepper at 7,276 USD/ton, up 0.29% (21 USD/ton) compared to the previous trading session.

Brazil's ASTA 570 black pepper price also increased by 1.43% (100 USD/bag), to 7,000 USD/ton.

Meanwhile, Vietnam's  pepper export  price  remained stable at 7,100 USD/ton for 500 g/l and 7,300 USD/ton for 550 g/l.

Kuching Malaysia black pepper prices also remained unchanged at $9,800/ton, the highest in the market.

Type name	World black pepper price list
	March 21 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,276	+0.29
Brazilian Black Pepper ASTA 570	7,000	+1.43
Kuching Black Pepper (Malaysia) ASTA	9,800	–
Vietnamese black pepper (500 g/l)	7,100	–
Vietnamese black pepper (500 g/l)	7,300	–

At the same time of survey, the price of Indonesian Muntok white pepper increased by 0.28% compared to the previous trading session, to 10,219 USD/ton.

Vietnam white pepper today continues to be quoted at 10,100 USD/ton; while Malaysian ASTA white pepper price stands higher at 12,300 USD/ton.

Type name	World white pepper price list
	March 21 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,219	+0.28
ASTA Malaysian White Pepper	12,300	–
Vietnam white pepper	10,100	–

Update pepper information

In Dak Lak, organic pepper production is being applied by people in Cu Kuin district. The use of biological products and microbial fertilizers in the cultivation process not only helps farmers save costs but also maintains productivity, contributing to environmental protection, according to Dak Lak Newspaper.

After the ups and downs due to erratic price fluctuations, Mr. Vu Dinh Khoi's family (village 6, Ea Bhok commune) still perseveres thanks to sustainable organic pepper farming.

Mr. Khoi shared that when pepper prices continuously reached “peaks”, his family and many other households massively expanded the area for new planting, abusing chemical fertilizers, pesticides, stimulants, etc. to increase productivity. However, this abuse created a favorable environment for diseases and harmful fungi to attack crops, especially quick and slow death diseases, causing heavy economic losses.

To overcome this situation, Mr. Khoi researched, learned and decided to switch to organic farming. With the process of "washing" the garden at the beginning of the season, preventing plant diseases, and using probiotics throughout the production process, his family's 1.2-hectare pepper garden not only achieved higher productivity but also limited pests and diseases. In addition to using probiotics, his family also focused on fertilizing with composted manure and cow manure, helping to reduce pests and create conditions for pepper plants to grow more sustainably.

Similarly, biofertilizers are gradually becoming the top choice, replacing pesticides in the pepper garden of Mr. Vu Kim Thinh’s family (Kim Chau village, Dray Bhăng commune). In particular, this farming method not only protects the health of farmers but also ensures that the products reaching consumers are always safe.

Taking care of pepper with microbial fertilizers and biological products helps Mr. Nguyen Van Luong's family garden (village 23, Ea Ning commune) always have stable productivity.

Mr. Ngo Minh Dung, Chairman of the Ea Ning Commune Farmers' Association, said that since the implementation of the landscape pepper model program, people in the commune have noticed a clear difference in the cultivation process. Households participating in the model not only increased pepper productivity and quality, but also reduced pests and diseases and protected the environment. Thanks to that, people have reduced production costs, especially limiting the abuse of chemical fertilizers and pesticides. The obvious benefits from the model have encouraged many households to participate. To date, the whole commune has had 328 households participating in the landscape pepper model, with a total area of ​​nearly 361 hectares.

According to VietnamBiz.vn

Pepper Market March 18, 2025: Price increases slightly again

 

Pepper Market March 18, 2025: Price increases slightly again

Pepper price today (March 18) is traded at 160,000 - 161,000 VND/kg, an increase of 1,000 VND compared to yesterday.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Indonesian Lampung black pepper at 7,321 USD/ton, up 0.76% compared to the previous trading session.

Meanwhile, pepper prices in other countries remained generally stable. Kuching black pepper prices in Malaysia were the highest at $9,800/ton; Brazilian ASTA 570 black pepper was the lowest at $6,900/ton.

 Vietnam's pepper export  price  continues to be stable at 7,000 USD/ton for 500 g/l and 7,200 USD/ton for 550 g/l.

Type name	World black pepper price list
	March 18 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,321	+0.76
Brazilian Black Pepper ASTA 570	6,900	–
Kuching Black Pepper (Malaysia) ASTA	9,800	–
Vietnamese black pepper (500 g/l)	7,000	–
Vietnamese black pepper (500 g/l)	7,200	–

At the same time of survey, the price of Indonesian Muntok white pepper increased by 0.3% compared to the previous trading session, to 10,283 USD/ton.

However, the price of ASTA white pepper from Malaysia and Vietnam remained unchanged at USD 12,300/ton and USD 10,000/ton.

Type name	World white pepper price list
	March 18 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,283	+0.30
ASTA Malaysian White Pepper	12,300	–
Vietnam white pepper	10,000	–

Update pepper information

According to  Thehindubusinessline , India's pepper output in 2024-25 is expected to decline due to shrinking cultivation area and adverse weather affecting production.

According to the first preliminary estimate of the Government of this country, pepper output may decrease by 38%, reaching only 78,000 tons compared to 126,000 tons last year. At the same time, the pepper growing area is estimated to decrease to 255,000 hectares compared to 313,000 hectares last year.

Kishore Shamji, director of the Indian Pepper and Spices Trade Association, estimated pepper production this year at around 75,000 tonnes due to the impact of climate change on agricultural production. He also said that the Ministry of Agriculture and the Spices Board had reported a residual stock of 50,000 tonnes from last year, taking the total available in the domestic market to 125,000 tonnes.

Pepper prices in the domestic market in India have crossed the Rs 700/kg mark in major producing states like Karnataka and Kerala.

At Kochi market, pepper prices have increased marginally in recent days, hovering at Rs 685/kg for ungraded pepper and Rs 705/kg for graded pepper.

Mr. Shamji said that the increase in pepper prices was partly due to the Indian Ministry of Finance approving a value-added tax (GST) exemption for pepper producers and farmers if their products are transported between states to consumer markets in northern India.

The policy was introduced after a Karnataka MP submitted a petition to Finance Minister Nirmala Sitharaman on behalf of the pepper growers' community.

As a result, pepper prices in Karnataka have shot up to Rs 725 per kg, leading to an increase in pepper prices in Kerala. Farmers in Tamil Nadu and Andhra Pradesh are also looking to benefit from the GST exemption.

Mr. Shamji predicts that pepper prices may continue to increase if demand remains strong after the Holi festival.

According to VietnamBiz.vn

Pepper Market on March 17, 2025

 

Pepper Market on March 17, 2025: Stable at the beginning of the week, highest at 159,000 VND/kg

At the beginning of the new week,  pepper prices today  (March 17) were traded at 158,000 - 159,000 VND/kg. Although Vietnam's pepper exports in February to markets fluctuated in volume, the export value still increased to most markets due to high prices.

Update pepper price

In the domestic market

Pepper prices  today continue to be traded at 158,000 - 169,000 VND/kg, unchanged from the previous day.

Specifically,  pepper prices   in Dak Lak and Dak Nong provinces were purchased at the highest level of 159,000 VND/kg.

In other localities such as Gia Lai, Ba Ria - Vung Tau, Binh Phuoc and Dong Nai, pepper prices are also traded at 158,000 VND/kg.

Province/district (survey area)	Purchase price on March 17 (Unit: VND/kg)	Change from previous day (Unit: VND/kg)
Dak Lak	159,000	–
Gia Lai	158,000	–
Dak Nong	159,000	–
Ba Ria – Vung Tau	158,000	–
Binh Phuoc	158,000	–
Dong Nai	158,000	–

In the world market

In the world market, the International Pepper Community (IPC) is listing the price of Kuching black pepper from Malaysia at 9,800 USD/ton; Lampung black pepper from Indonesia at 7,265 USD/ton and ASTA 570 black pepper from Brazil at 6,900 USD/ton.

 Vietnam's pepper export  price  also remained stable at 7,000 USD/ton for 500 g/l and 7,200 USD/ton for 550 g/l.

Type name	World black pepper price list
	March 17 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,265	–
Brazilian Black Pepper ASTA 570	6,900	–
Kuching Black Pepper (Malaysia) ASTA	9,800	–
Vietnamese black pepper (500 g/l)	7,000	–
Vietnamese black pepper (500 g/l)	7,200	–

At the same time of survey, the price of Indonesian Muntok white pepper stood at 10,252 USD/ton; Malaysian and Vietnamese ASTA white pepper reached 12,300 USD/ton and 10,000 USD/ton, respectively.

Type name	World white pepper price list
	March 17 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,252	–
ASTA Malaysian White Pepper	12,300	–
Vietnam white pepper	10,000	–

Update pepper information

 The Import  -Export Department  (Ministry of Industry and Trade) commented that in the coming time, with the world pepper supply expected to increase, while demand is weak, it may cause pressure to reduce prices.

According to data from the Customs Department, Vietnam's pepper exports in February reached 14.3 thousand tons, worth 97.2 million USD, up 10.7% in volume and 11% in value compared to January 2025; up 7.2% in volume and 79.1% in value compared to February 2024.

In the first two months of 2025, Vietnam's pepper exports reached 27.2 thousand tons, worth 184.4 million USD, down 11.6% in volume but up 48.5% in value over the same period in 2024.

In February, the average export price of Vietnam's pepper reached 6,774 USD/ton, up 0.3% compared to January 2025 and up 67.1% compared to February 2024. In the first two months of 2025, the average export price of Vietnam's pepper reached 6,763 USD/ton, up 68% over the same period in 2024.

Regarding export markets in February, Vietnam's pepper exports to key markets fluctuated in contrast to the same period last year, of which exports to the largest market, the US, decreased by 21.5% in volume but increased by 40.5% in value.

On the contrary, exports to the German market increased by 73.6% in volume and 166.6% in value. In addition, pepper exports to a number of other markets increased such as: Korea, UK, Thailand, Philippines...

Although Vietnam's pepper exports in February to markets fluctuated in volume, export value still increased to most markets due to high prices.

In general, in the first two months of the year, Vietnam's pepper exports to many markets decreased in volume compared to the same period in 2024, of which, exports to the US market decreased by 32.5%; India decreased by 21.9%; the Netherlands decreased by 40.4%... On the contrary, the amount of pepper exported to some markets increased such as: Germany, Korea, UK...

According to VietnamBiz.vn

 

Pepper price today March 14, 2025 maintains the increase

Báo Công thương•13/03/2025

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Pepper price today March 14, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price March 14.

Domestic pepper prices today continue to increase.

Today's pepper price was updated at 4:30 a.m. on March 14, 2025 as follows: Domestic pepper prices maintained an increase compared to yesterday, an increase of 500 - 1,000 VND/kg. Currently, the average pepper purchase price in key areas is 160,200 VND/kg.

Specifically, today's pepper price in Gia Lai province continued to increase by 500 VND/kg compared to yesterday, currently the pepper purchase price in this locality is at 159,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau increased by 1,000 VND/kg compared to yesterday's trading session, currently pepper prices are purchased by traders at 160,000 VND/kg.

Pepper price in Binh Phuoc province increased by 1,000 VND compared to the previous trading session, currently pepper price is purchased at 160,000 VND/kg.

Pepper price in Dak Lak province continues to increase by 500 VND/kg, currently pepper price in this locality is at 161,000 VND/kg.

Pepper prices in Dak Nong province increased steadily, unchanged compared to yesterday. Currently, the local pepper purchase price is 161,000 VND/kg.

Domestic pepper prices updated on the morning of March 14, 2025

Analysts say that unlike previous years, pepper hoarding is more common this year, making raw materials scarce even during the peak harvest season.

According to the Vietnam Pepper and Spice Association (VPSA), pepper prices are increasing compared to previous years, bringing benefits to growers. It is forecasted that the demand for pepper in the world will remain high, helping pepper prices maintain their upward momentum in the coming time.

According to a recent report by Ptexim, although demand from markets remains sluggish, farmers and dealers are still holding onto their stocks instead of selling. The hoarding of pepper in anticipation of higher prices has led to a situation where pepper prices at the farm gate are sometimes higher than raw material prices at exporting producers. The current situation will make business more difficult if farmers continue to limit the sale of raw materials to the market.

Farmers in Dak Nong province harvest pepper

In Vietnam, although pepper prices have increased, they are still not attractive enough for farmers to expand their planting areas. The main reason is that other crops such as durian bring higher profits, making people less interested in expanding pepper cultivation.

Vietnam's pepper output is on a downward trend, from 192,000 tons in 2023 to 183,000 tons in 2024 and is expected to continue to decrease to 178,000 tons in 2025. In the context of domestic and global inventories nearing rock bottom, experts predict that pepper prices will continue to remain high. The US and China are still the two main consumption markets that Vietnam is focusing on exploiting.

Lush green pepper gardens are grown in Dak Nong province.

World pepper prices today are stable, slightly increasing.

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on March 14, 2025 as follows: the market remains stable and sideways, however, only pepper prices in Indonesia increased slightly.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,254 USD/ton; Muntok white pepper is currently purchased at 10,252 USD/ton (up 15 USD/ton).

The Malaysian pepper market remained stable compared to the most recent trading session. Currently, the price of Malaysian ASTA black pepper is purchased at 9,800 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.

Pepper prices in Brazil have fluctuated little and are currently anchored at a fairly high level, with the current purchase price reaching 6,900 USD/ton.

Vietnam's pepper export market is stable and slightly decreasing. Specifically, the export price of Vietnam's black pepper is currently at 7,000 USD/ton for 500 g/l; 550 g/l is at 7,200 USD/ton and the price of white pepper is at 10,000 USD/ton.

Update world pepper prices on the morning of March 14, 2025

According to data from Vietnam Customs, Vietnam's pepper exports in February reached 14,345 tons, worth 97.2 million USD, up 10.7% in volume and 11% in value compared to the previous month, and up 7.2% in volume and 79.1% in value compared to the same period last year.

Source: https://congthuong.vn/gia-tieu-hom-nay-1432025-duy-tri-muc-tang-378167.html

Brazilian Coffee prices update

 

Dear Michail Wagapoff,   I hope this email finds you well.    Please note below price idea update for green coffee from Brazil today. Send your bid for a firm offer.

Coffee   Mersin   Jebel Ali  Alex/Dam   Jeddah  Ashdod  Aqaba  Rio Minas 17/18  7307  7330  7335  7330  7319  7330  Rio Minas 15/16  7067  7090  7095  7090  7079  7090  Rio Minas 14/16  7027  7050  7055  7050  7039  7050  Fine Cup 17/18  9207  9230  9235  9230  9219  9230  Good Cup 17/18  9147  9170  9175  9170  9159  9170  Good Cup 14/16  8927  8950  8955  8950  8939  8950  Conillon 16 up  6907  6930  6935  6930  6919  6930  Conillon 13 up   6807  6830  6835  6830  6819  6830

*Prices are subject to change and to final confirmation.  *Prices are in USD and per metric ton.  *Prices are CFR above mentioned destinations. For FOB prices please consult us.  *For other destinations, please consult us.    Looking for forward to hear your comments or for your bid.    Best Regards,   Felipe A. Tamegao L. Barros  General Director The content of this email is confidential and intended for the recipient specified in message only. It is strictly forbidden to share any part of this message with any third party, without a written consent of the sender. If you received this message by mistake, please reply to this message and follow with its deletion, so that we can ensure such a mistake does not occur in the future.