Increased to 141,000 VND/kg in Dak Lak
In the domestic market
Pepper prices this morning in the domestic market fluctuated between 139,000 - 141,000 VND/kg.
In Dak Lak, pepper prices were adjusted up 1,000 VND/kg compared to yesterday, to the highest market level of 141,000 VND/kg.
Meanwhile, pepper prices in other localities remained stable. Specifically, Dak Nong maintained a trading price of VND140,000/kg. In Gia Lai, Ba Ria - Vung Tau, Dong Nai and Binh Phuoc, pepper prices were generally at VND139,000/kg.
|
Market (survey area) |
Purchase price on August 8 (Unit: VND/kg) |
Change from previous day (Unit: VND/kg) |
| Dak Lak |
141,000 |
+1,000 |
| 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
At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Indonesian black pepper at 7,142 USD/ton, continuing to increase by 0.42% (equivalent to 30 USD/ton) compared to the previous trading session.
In other leading producing countries, prices remained stable. Currently, Brazilian black pepper ASTA 570 is offered at $6,000/ton, while Malaysian black pepper ASTA is the highest at $8,900/ton.
For Vietnam, the export price of black pepper is currently at 6,240 USD/ton for 500 g/l black pepper and 6,370 USD/ton for 550 g/l.
|
Type name |
World black pepper price list |
|
|
August 8 (Unit: USD/ton) |
% change from previous day |
|
|
Lampung Black Pepper (Indonesia) |
7,142 |
+0.42 |
|
Brazilian Black Pepper ASTA 570 |
6,000 |
– |
|
Kuching Black Pepper (Malaysia) ASTA |
8,900 |
– |
|
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 increased by 0.41% (41 USD/ton), to 9,983 USD/ton.
Vietnam's white pepper export price today is stable at 8,950 USD/ton, while Malaysian ASTA white pepper is at 11,750 USD/ton.
|
Type name |
World white pepper price list |
|
|
August 8 (Unit: USD/ton) |
% change from previous day |
|
|
Muntok Indonesian White Pepper |
9,983 |
+0.41 |
|
ASTA Malaysian White Pepper |
11,750 |
– |
|
Vietnam white pepper |
8,950 |
– |
Update pepper information
The distinct export patterns from Brazil, Indonesia and Vietnam in the first half of 2025 demonstrate the complementary role of producing countries in shaping global pepper supply, according to a recent IPC report.
While Brazil and Indonesia responded quickly to favorable market signals through timely shipments, Vietnam contributed stability by regulating exports in line with general market demand developments.
IPC believes that Vietnam's decline in net exports in the first half of 2025, despite a favorable crop, may reflect a strategy of holding inventories to cope with market fluctuations.
The carryover of inventories suggests some degree of supply flexibility in the coming months, which could act as a stabiliser for global markets, particularly if market conditions tighten further or price volatility persists.
Meanwhile, Brazil recorded strong export growth in the first half of 2025, mainly due to effective exploitation of price arbitrage opportunities in the international market. This increase in exports does not reflect excess inventories, but rather a flexible trade strategy that responds quickly to rising international prices – especially during times when supplies from Vietnam are limited or delayed.
Notably, in June 2025, while Vietnam's pepper export prices adjusted sharply downward, Brazil's pepper prices remained stable, showing that available inventories in this country were low and specific demand from import markets remained high.
In addition, trade flows between Brazil and Vietnam for re-exports have been virtually non-existent over the past two months, reinforcing the assumption that domestic inventories in Brazil are currently very limited. The next harvest, which will take place mainly in the northern regions of Brazil, is expected to begin in September 2025. Offers for September-December deliveries have already begun to hit the market.
Indonesia also recorded an impressive increase in export volumes, with a 30% year-on-year increase in the first half of 2025. The majority of these exports occurred in the first quarter, with significant shipments recorded to Vietnam and the United States.
Exports are expected to be dominated by Indonesia’s 2024 harvest, where favorable price conditions have spurred strong sales and early contract execution. Similar to Brazil, Indonesia is currently seen as facing export constraints as domestic demand remains strong and domestic consumption continues to grow.
According to VietnamBiz.vn
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