Thursday, August 21, 2025

Pepper Market on August 21, 2025

 

Pepper Market on August 21, 2025: Price increased to 145,000 VND/kg

Today's pepper price in the domestic market is at 144,000 - 145,000 VND/kg. In the first half of 2025, Cambodia's pepper exports reached nearly 20 million USD, down 21.37% compared to the 25 million USD figure in the same period in 2024.

In the world market

At the end of the most recent trading session,  world pepper  prices  generally did not record any new fluctuations. The International Pepper Community (IPC) reported the price of Indonesian black pepper at 7,173 USD/ton.

Meanwhile, Malaysian ASTA black pepper stood at the highest level of 9,400 USD/ton, while Brazilian ASTA 570 black pepper was the lowest at 5,850 USD/ton.

Vietnam's black pepper  export  price  continues to remain at 6,240 - 6,370 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

August 21 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,173

Brazilian Black Pepper ASTA 570

5,850

Kuching Black Pepper (Malaysia) ASTA

9,400

Vietnamese black pepper (500 g/l)

6,240

Vietnamese black pepper (500 g/l)

6,370

At the same time of survey, the price of Indonesian Muntok white pepper remained stable at 10,027 USD/ton. Meanwhile, Malaysian ASTA white pepper reached 12,700 USD/ton and Vietnamese white pepper was 8,950 USD/ton.

Type name

World white pepper price list

August 21 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,027

ASTA Malaysian White Pepper

12,700

Vietnam white pepper

8,950

Update pepper information

According to information from the Cambodian Ministry of Commerce, in the first half of 2025, Cambodia's pepper exports reached nearly 20 million USD, down 21.37% compared to the 25 million USD figure in the same period in 2024.

Sharing with Cambodia New, Mr. Mak Ny, president of the Cambodia Pepper and Spice Federation (CPSF), said that Cambodia's pepper exports decreased because the pepper harvest has not been completed yet.

Meanwhile, the price of regular pepper in Cambodia has increased to 25,000-26,500 riel/kg, higher than last year as global pepper reserves are facing the risk of decline.

Cambodia's pepper output is around 17,000 - 20,000 tons/year on an area of ​​over 6,000 hectares, of which around 80% of the output is exported to Vietnam. Other markets include China, Taiwan, Thailand, Japan, South Korea and the European Union.

According to a recent report by the International Pepper Community (IPC), Cambodia's pepper output in 2025 is estimated to reach 17,000 tons, an increase of 1,000 tons compared to the forecast at the beginning of the year.

Meanwhile, Brazil’s northern crop is expected to start in September, with many exporters preparing to release their products from there. Current inventories are reported to be limited, reflecting the steady exports in the period leading up to it. This cycle could see a period of resumption of exports as the harvest picks up pace.

In Indonesia, initial observations indicate a decline in crop production, with some trade sources estimating a decline of up to 30%. Harvesting is expected to begin in late July to mid-August. While export flows are likely to continue during this period, strong domestic consumption could reduce inventories destined for the international market, affecting price stability.

Reports from Vietnam indicate that the 2025 crop is generally favorable, with harvest completed in April. Early signs of the ongoing wet season suggest active flowering and preliminary expectations for the 2026 crop look positive, provided favorable weather conditions persist. However, prolonged heat waves could challenge crop vigor and impact yield formation.

The IPC said that the annual global pepper production is estimated to range from 550,000 to 600,000 tonnes, of which the international trade volume accounts for about 400,000 to 450,000 tonnes per year. This difference is mainly due to the significant domestic consumption in producing countries, such as India and Indonesia, where the domestic industry and market consume the majority of the output.

According to VietnamBiz.vn


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