Wednesday, August 06, 2025

Pepper Market August 6, 2025

 

Vietnam's pepper exports increased by 100 USD/ton

Pepper prices today  (August 6) increased by VND500/kg in Dak Lak and remained stable in other localities. In the export market, Vietnamese pepper prices also increased by USD100/ton. However, pepper exports in July decreased compared to the previous month and the same period last year.

Update pepper price

In the domestic market

According to a survey,  pepper prices  in the domestic market today fluctuated between 139,000 - 140,000 VND/kg, slightly increased in Dak Lak and stable in other localities.

Specifically,  pepper price   in Dak Lak increased by 500 VND/kg compared to yesterday, up to 140,000 VND/kg.

In Dak Nong, pepper prices remained stable at VND140,000/kg. In other localities such as Gia Lai, Ba Ria – Vung Tau, Dong Nai and Binh Phuoc, prices were generally around VND139,000/kg, unchanged from the previous day.

Market

(survey area)

Purchase price on August 6

(Unit: VND/kg)

Change from previous day (Unit: VND/kg)

Dak Lak

140,000

+500

Gia Lai

139,000

Dak Nong

140,000

Ba Ria – Vung Tau

139,000

Binh Phuoc

139,000

Dong Nai

139,000

In the world market

In the most recent trading session, the International Pepper Community (IPC) said that Vietnam's black pepper  export   price increased by 100 USD/ton, to 6,240 USD/ton for 500 g/l black pepper and 6,370 USD/ton for 550 g/l black pepper.

Trading prices in other countries did not record any new fluctuations, Indonesian black pepper continued to be traded at 7,108 USD/ton, Brazilian black pepper ASTA 570 was priced at 6,000 USD/ton and Malaysian black pepper ASTA reached the highest at 8,900 USD/ton.

Type name

World black pepper price list

August 6 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7.108

Brazilian Black Pepper ASTA 570

6,000

Kuching Black Pepper (Malaysia) ASTA

8,900

Vietnamese black pepper (500 g/l)

6,240

+1.60

Vietnamese black pepper (500 g/l)

6,370

+1.56

At the same time of the survey, Vietnam's white pepper export price increased by 100 USD/ton, up to 8,950 USD/ton.

Meanwhile, the price of Indonesian Muntok white pepper remained at 9,937 USD/ton, while Malaysian ASTA white pepper reached 11,750 USD/ton.

Type name

World white pepper price list

August 6 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,937

ASTA Malaysian White Pepper

11,750

Vietnam white pepper

8,950

+1.12

Update pepper information

According to statistics from the Vietnam Pepper and Spices Association (VPSA), in July, Vietnam exported 20,913 tons of pepper of all kinds, including 18,332 tons of black pepper and 2,581 tons of white pepper, with a total turnover of 137.5 million USD. Compared to the previous month, the export volume decreased by 10.8% and the turnover decreased by 12.7%, and compared to July 2024, it decreased by 3.9% in volume but increased by 5.8% in turnover.

The average export price of black pepper in July reached 6,395 USD/ton for black pepper, down 47 USD/ton compared to June; while that of white pepper reached 8,570 USD/ton, up 298 USD/ton.

Nedspice Vietnam continued to be the leading exporter in July, with a volume of 2,315 tons, up 13.7% over the previous month and accounting for 11.1%. Following were Olam Vietnam: 1,860 tons, Phuc Sinh: 1,464 tons; Simexco Dak Lak: 1,490 tons; and Haprosimex JSC: 1,055 tons.

Meanwhile, the largest export markets include: US: 3,427 tons, down 22.8% compared to the previous month; UAE: 2,441 tons, up 41.3%; China: 1,689 tons, down 49.3%; Netherlands: 897 tons, up 43.1%; India: 821 tons, down 33.7%.

Cumulatively from January 1 to July 31, 2025, Vietnam exported 145,046 tons of pepper of all kinds with a turnover of 988 million USD. Compared to the same period in 2024, the export volume decreased by 11.7%, but the turnover increased by 29.3%.

Of which, enterprises exported 124,271 tons of black pepper, worth 820.3 million USD, and 20,775 tons of white pepper, worth 167.7 million USD.

The average export price of black pepper in the first 7 months reached 6,601 USD/ton, white pepper reached 8,072 USD/ton, up 47% for black pepper and 41.2% for white pepper respectively compared to the same period last year.

In the first 7 months of this year, pepper exports to most regions decreased compared to the same period last year. Of which, America, Europe and Africa decreased by 28.7%, 21.2% and 9.6% respectively, while Asia increased by 6.8%.

Regarding the market, the US continued to be Vietnam's largest pepper export market in the first 7 months of the year, with a volume of 30,890 tons, but compared to the same period last year, it decreased sharply by 28.7% and accounted for 21.3% of the market share.

Next is UAE with 11,188 tons, up 2.7% and accounting for 7.7%; China: 10,982 tons, up 36.3% and accounting for 7.6%; India: 9,625 tons, up 10.1% and accounting for 6.6%; Germany: 7,899 tons, down 27.8%, accounting for 5.4%.

The largest pepper exporting enterprises in the first 7 months of the year include: Olam Vietnam with 14,248 tons, down 10.8% and accounting for 9.8%; Nedspice Vietnam: 12,919 tons, up 5.6%; Phuc Sinh: 11,696 tons, down 15.1%; Simexco Dak Lak: 7,817 tons, down 5% and Haprosimex JSC: 7,515 tons, down 36.5%. Thus, up to 4/5 leading enterprises recorded a decrease in exports.

According to VietnamBiz.vn

No comments: