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


 

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