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.

 

 




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