Tuesday, May 20, 2025

Pepper Market on May 19, 2025

 

Pepper Market on May 19, 2025: Fluctuating between 151,000 - 153,000 VND/kg

Pepper prices today  (May 19) continue to be traded at 151,000 - 153,000 VND/kg. In the world market, in 2025, the Indonesian Ministry of Agriculture has identified pepper as the main focus in the spice growing area development program.

Update pepper price

In the domestic market

Recorded in the morning of the first week,  pepper prices  in key producing provinces remained stable at around 151,000 - 153,000 VND/kg.

Specifically, traders in the two Central Highlands provinces of Dak Lak and Dak Nong are purchasing pepper at the highest price of VND153,000/kg. Meanwhile, in other localities such as Gia Lai, Ba Ria – Vung Tau, Dong Nai and Binh Phuoc, the transaction price stands at VND151,000/kg.

Province/district

(survey area)

Purchase price on May 19

(Unit: VND/kg)

Change from previous day (Unit: VND/kg)

Dak Lak

153,000

Gia Lai

151,000

Dak Nong

153,000

Ba Ria – Vung Tau

151,000

Binh Phuoc

151,000

Dong Nai

151,000

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 7,301 USD/ton; Malaysian black pepper at 9,200 USD/ton and Brazilian black pepper ASTA 570 at 6,800 USD/ton.

In Vietnam, black pepper is still offered at 6,700 - 6,800 USD/kg for 500 g/l and 550 g/l.

Type name

World black pepper price list

May 19 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7.301

Brazilian Black Pepper ASTA 570

6,800

Kuching Black Pepper (Malaysia) ASTA

9,200

Vietnamese black pepper (500 g/l)

6,700

Vietnamese black pepper (500 g/l)

6,800

At the same time of survey, the price of Indonesian Muntok white pepper was quoted at 10,051 USD/ton. Meanwhile, Vietnamese white pepper and Malaysian ASTA white pepper stood at 9,700 USD/ton and 11,900 USD/ton, respectively.

Type name

World white pepper price list

May 19 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,051

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,700

Update pepper information

According to Indonesian media sources, spices have become an important part of Indonesia’s agricultural history and identity. Commodities such as pepper, nutmeg, cloves, cinnamon and vanilla not only have high economic value but also have great potential to promote  export  growth  and improve the lives of farmers.

In an effort to consolidate Indonesia’s position as the world’s leading spice producer, the government has been pushing for targeted development of key crops. In 2025, the Indonesian Ministry of Agriculture has identified pepper as a key focus in its spice development program.

This was shared by Mr. Ir. Baginda Siagian, M.Si, Director of Short-term and Perennial Crops under the Ministry of Agriculture, regarding the development orientation of Indonesia's spices in 2025. He said that this year, pepper will be the main focus in the national spice development program.

According to Mr. Baginda, the government continues to support five key spices: pepper, nutmeg, cloves, cinnamon and vanilla. However, due to budget constraints, the development of new growing areas will focus only on pepper.

“This year we are focusing on pepper. If we get more budget later, we can expand to other crops,” said Mr. Baginda.

He also added that the development of pepper growing areas by 2025 will be carried out in five provinces: Bangka Belitung, Lampung, West Kalimantan and South Sulawesi. These areas are assessed to have great potential to support the increase of national pepper production.

However, technical support and cultivation guidance for other spices continues. This support includes technical advice, training and accompaniment to farmers to maintain and improve productivity.

“We continue to support. As for the development of new areas, we are currently focusing on pepper,” he explained.

Mr. Baginda also stressed the importance of involving multiple stakeholders in the national spice development program, especially outside  the state budget  . He expected that farmers’ initiative through self-investment as well as the role of the private sector would be the main driving force for expanding cultivation.

“Hopefully there will be other sources of funding. For now, we hope farmers can be self-reliant and private enterprises will play a bigger role,” he concluded.

With the strategy focusing on pepper, the government hopes to create a targeted and sustainable development program. Once infrastructure and support for pepper are strengthened, development will continue to expand to other spices in the future.


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