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

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.
No comments:
Post a Comment