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

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
No comments:
Post a Comment