Pepper Market on February 13, 2025

 

Pepper Market on February 13, 2025: Price returns to 160,000 VND/kg

Pepper prices today (February 13) continued to decrease by VND1,000-2,000 to VND160,000/kg. In the world, Brazil's pepper exports in January only reached 4,339 tons, down 28.1% over the same period.

In the world market

In the latest trading session, the International Pepper Community (IPC) listed the price of Indonesian Lampung black pepper at 7,251 USD/ton, unchanged from the previous trading session.

Similarly, Brazilian ASTA 570 black pepper remained at 6,700 USD/ton, while Malaysian Kuching black pepper reached 9,000 USD/ton.

Vietnam black pepper prices remained stable at USD 6,500/ton for 500 g/l and USD 6,650/ton for 550 g/l.

Type name	World black pepper price list
	February 13 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7.251	–
Brazilian Black Pepper ASTA 570	6,700	–
Kuching Black Pepper (Malaysia) ASTA	9,000	–
Vietnamese black pepper (500 g/l)	6,500	–
Vietnamese black pepper (500 g/l)	6,650	–

At the same time of survey, the price of Indonesian Muntok white pepper reached 10,010 USD/ton. Meanwhile, the price of Malaysian ASTA white pepper was 11,600 USD/ton; and the price of Vietnamese white pepper was lower at 9,550 USD/ton.

Type name	World white pepper price list
	February 13 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,010	–
ASTA Malaysian White Pepper	11,600	–
Vietnam white pepper	9,550	–

Update pepper information

According to Comexstat, Brazil exported 4,339 tons of pepper in January 2025, with an export turnover of 27.1 million USD. Compared to the same period in 2024, the export volume decreased by 28.1% while the turnover increased by 36.9%.

Vietnam is Brazil's largest export market, reaching 1,242 tons, accounting for 28.6%. Followed by the markets: UAE: 432 tons, India: 413 tons, Senegal: 396 tons and Egypt: 367 tons.

In the domestic market, according to Dak Nong Newspaper, Dak Nong farmers are currently focusing on harvesting pepper. Most of them are excited because the pepper price is high. This has motivated them to continue investing in and taking care of their pepper gardens, improving product quality.

The general psychology of farmers in the 2025 pepper harvest is excited and happy because the selling price has increased. However, the productivity of farmers' gardens in some areas has decreased due to the impact of the weather.

Statistics from the agricultural sector show that in recent years, the pepper growing area in Dak Nong has grown steadily at 34,000 hectares. The average yield of the whole province is about 2.4 tons/ha, with a total annual output of about 70,000 tons.

Good news about coffee and pepper prices at the beginning of the new year of At Ty 2025 is creating excitement and motivation for farmers. Dak Nong farmers, along with farmers in the Central Highlands, are expecting a year of good prices for key crops, including coffee and pepper.

According to VietnamBiz.vn

 

Vietnamese pepper prices surge amid strong demand from China, US

Thursday, February 13, 2025, 18:32 GMT+7

Staff work at a pepper processing factory in Vietnam. Photo: Quang Dinh / Tuoi Tre

Vietnamese pepper prices are surging past US$6.4 per kilogram due to strong demand from China and the United States, according to the Vietnam Pepper and Spice Association (VPSA).

On February 12, pepper prices in Vietnam increased by VND3,000-4,500 ($0.12-0.18) per kilogram compared to the previous day, pushing the rates up to VND164,000 ($6.41) per kilogram.

According to VPSA chairwoman Hoang Thi Lien, the recent spike in pepper prices is owed to supply and demand dynamics, particularly a rise in purchase orders from key markets such as China and the U.S..

“Vietnam's pepper market experienced a temporary halt in trading during the Tet [Lunar New Year] holiday [last month], leading to a supply bottleneck. After the holiday, demand surged, causing prices to climb," Lien explained.

“Additionally, businesses and traders are eager to secure fresh supplies from the most recent harvest season in the Central Highlands region.”

On Wednesday, domestic pepper prices varied across Vietnamese provinces.

In Gia Lai, pepper was selling for VND162,500 ($6.36) per kilogram, marking a VND4,500 per kilogram increase from Tuesday.

In Ba Ria-Vung Tau and Dak Nong Provinces, prices rose by VND3,000 per kilogram to VND161,000 ($6.30) and VND163,000 ($6.34) per kilogram, respectively.

Similarly, Dak Lak and Binh Phuoc Provinces saw price increases of over VND4,000 per kilogram, reaching VND164,000 ($6.41) and VND162,000 ($6.33) per kilogram, respectively.

The global pepper market remains unpredictable, with prices stabilized in some regions and high in others.

According to the International Pepper Community, Indonesia's pepper prices have slightly declined, with Lampung black pepper priced at $7,251 per metric ton, down $14, and Muntok white pepper at $10,010 per metric ton, down $18. 

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Meanwhile, Malaysia's pepper market remains stable, with black pepper at $9,000 per metric ton and white pepper at $11,600 per metric ton. In Brazil, pepper prices have jumped by $200 to $6,700 per metric ton.

Vietnam's pepper exports have remained stable and strong, with black pepper averaging $6,500 per metric ton and white pepper averaging $9,550 per metric ton.

According to experts, reduced pepper output in some regions may keep prices elevated throughout 2025, as global demand remains steady.

Notably, purchases from key markets such as the U.S. and China have spiked by 10-15 percent, signaling a promising year for Vietnamese pepper farmers and exporters.

Vietnam exported 7,313 metric tons of pepper in the first half of January, generating $48.3 million in revenue, according to the General Department of Vietnam Customs.

While export volume declined by three percent compared to the same period in 2024, revenue surged by 61.86 percent, reflecting strong price growth.

Exporters report that China’s demand for Vietnamese pepper is rising, partly due to re-exports to India.

Other major markets, including the U.S. and the EU, continue to place significant orders for both short-term and long-term deliveries.

With favorable pricing, strong market conditions, and rising global demand, 2025 is expected to be a lucrative year for Vietnamese pepper producers and exporters.

Currently, the Central Highlands region – encompassing the five provinces of Lam Dong, Dak Nong, Dak Lak, Kon Tum, and Gia Lai – has entered its pepper harvest season.

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Highlights

• Da Lat approves suspension of electric sightseeing car service over regulatory issues
• Vietnamese pepper prices surge amid strong demand from China, US
• E-commerce amateur sellers face major hurdles in Vietnam
• Staff numbers at Vietnamese banks plunge in 2024
• Agritechnica Asia to be held in Vietnam for first time

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Pepper prices skyrocket after Tet holiday

 

Pepper prices skyrocket after Tet holiday

After the Lunar New Year holiday, pepper prices skyrocketed and today (February 10) jumped to nearly 170,000 VND/kg.

In the Central Highlands provinces, when the coffee crop has just ended right after the Tet holiday, farmers are preparing to start the pepper harvest. Mr. Luu Nhu Binh, Director of Doan Ket Cooperative (Dak Song District, Dak Nong Province) said: In the past few days, farmers have been very excited because pepper prices are increasing day by day. Currently, the price is at 160,000 VND/kg, the highest in many years. In particular, this is the stage of preparing to enter the pepper harvest, but the price has increased, which is very good news, people are excited about the new harvest.

Before Tet, pepper prices remained high at 145,000 - 147,000 VND/kg. In the first week after Tet, pepper prices increased day by day and by the end of last week, many places reached 160,000 VND/kg, nearly double the same period last year.

The price of Vietnamese black pepper is at 6,500 - 6,650 USD/ton; the price of Indonesian Lampung black pepper is 7,276 USD/ton; Brazilian ASTA 570 black pepper is 6,500 USD/ton; and Malaysian Kuching black pepper is 9,000 USD/ton.

Vietnam's white pepper price remains at the lowest level of 9,550 USD/ton; Malaysian ASTA white pepper price is 11,600 USD/ton; Indonesian Muntok white pepper is 9,770 USD/ton.

On the afternoon of February 10, answering Thanh Nien, Mr. Phan Minh Thong - Chairman of Phuc Sinh Group, who is known as the "king of Vietnamese pepper" said: The price of 160,000 VND was the price last week. Today, the price of pepper has increased to 168,000 - 170,000 VND/kg. The skyrocketing price of pepper is due to high consumption demand while our supply and inventory are limited. Meanwhile, the harvest season is delayed by about 1 month compared to usual due to changes in the weather. Those are the main features of the Vietnamese and world pepper markets in the past few days.

Ms. Hoang Thi Lien - President of the Vietnam Pepper and Spice Association (VPSA) was more cautious when sharing that the increase in pepper prices has many different causes. This agency is continuing to 'listen' to know the exact cause before making any analysis.

According to the Ministry of Agriculture and Rural Development, in January 2025, Vietnam's pepper exports reached 13,000 tons, down 25.6% over the same period last year; the value reached 87 million USD, up nearly 24%, the average pepper export price in January reached 6,663 USD/ton, up 66.4% over the same period in 2024.

In 2024, Vietnam's pepper exports will reach nearly 250,000 tons, down 6% in volume but with a value of 1.3 billion USD, up 44% compared to 2023. The average export price of pepper is 5,271 USD/ton, up nearly 54% compared to the previous year.

According to Thanh Nien.vn

Pepper Market on February 11, 2025

 

Pepper Market on February 11, 2025: Reaching 164,000 VND/kg

Pepper prices today (February 11) increased by 3,000 - 4,000 VND/kg in key provinces and cities, officially reaching 164,000 VND/kg. In the world market, the price of Brazilian black pepper skyrocketed to 6,700 USD/ton, pushing Vietnamese pepper prices to the lowest level on the market.

In the world market

In the most recent trading session, the International Pepper Community (IPC) listed the price of Indonesian Lampung black pepper at 7,276 USD/ton, down slightly by 11 USD/ton compared to the previous trading session.

In contrast, Brazilian black pepper ASTA 570 jumped 3% ($200/ton) to $6,700/ton.

Vietnam black pepper prices continue to move sideways at 6,500 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l. With this new development, Vietnam black pepper prices are currently the lowest on the market.

Meanwhile, the price of Kuching black pepper in Malaysia remains at its highest level of 9,000 USD/ton.

Type name	World black pepper price list
	February 11 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,265	-0.15
Brazilian Black Pepper ASTA 570	6,700	+2.99
Kuching Black Pepper (Malaysia) ASTA	9,000	–
Vietnamese black pepper (500 g/l)	6,500	–
Vietnamese black pepper (500 g/l)	6,650	–

At the same time of survey, the price of Indonesian Muntok white pepper increased sharply by 2.57% to 10,028 USD/ton.

In Malaysia, ASTA white pepper prices remained stable at USD 11,600/ton. Meanwhile, Vietnam's white pepper prices were at their lowest at USD 9,550/ton.

Type name	World white pepper price list
	February 11 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,028	+2.57
ASTA Malaysian White Pepper	11,600	–
Vietnam white pepper	9,550	–

Update pepper information

According to data from the Indian Ministry of Commerce, the country's pepper  exports   in the 11 months of 2024 reached 18,196 tons, up 30% over the same period in 2023.

However, the country also  imported   43,879 tons of pepper of all kinds during the same period, up 37.8%. The main sources of pepper supply were Sri Lanka and Vietnam, with volumes reaching 21,894 tons and 9,911 tons, up 2.5% and 75.4% over the same period in 2023.

Despite playing a vital role in global trade, India's black pepper exports have been declining over the past several decades, Thehindubusinessline  reported.

According to a study from Kerala Agricultural University, duty-free import of black pepper from Vietnam via Sri Lanka under the South Asian Free Trade Agreement (SAFTA) has made imported black pepper cheaper than domestic prices.

As a result, exporters specializing in value-added products have become increasingly dependent on imported pepper. This, coupled with the increase in global pepper production, has led to a fall in prices in the Indian market, negatively impacting smallholder farmers.

Karnataka, Kerala and Tamil Nadu are the leading pepper producing states in India, with Karnataka having the highest average yield. In Kerala, Idukki district leads in terms of area, production and productivity. However, the pace of expansion of pepper cultivation in Kerala has slowed down due to ageing of the crop, poor management and harvesting challenges.

In that context, domestic consumption is considered the "savior" of the Indian pepper industry.

Once the world leader in black pepper production and export, with 75% of its output exported in the 1980s, the share has fallen to 40% in the last decade. Domestic consumption now accounts for more than 80% of India’s total pepper production, largely due to the liberalization of trade policies.

After 2000, there has been a significant change in the composition of black pepper exports from India. Earlier, the majority of pepper exported was unground pepper. Currently, nearly 50% of the total value of black pepper exports from India comes from ground or milled products.

The growth rate of black pepper exports has been declining over the decades, while the growth rate of imports has been increasing. India’s black pepper exports have become more diversified, showing a decline in the share of raw products and an increase in the share of value-added processed products.

According to VietnamBiz.vn

 

Report of the pepper market and other spices in January, 2025

In January 2025, Vietnam exported 13,085 tons of pepper, black pepper reached 10,502 tons, white pepper reached 2,583 tons. Total export turnover reached 87.7 million USD , compared to December 2024, export volume decreased by 14.3% and compared to the same period in 2024, export decreased by 26.4%. The average export price of black pepper in the month reached 6,626 USD/ton, white pepper reached 8,467 USD/ton, up 2.3% for black pepper and 3.3% for white pepper compared to the previous month.

Meanwhile, the United States remained Vietnam’s largest pepper export market with 2,884 tons, down 36.0% compared to the previous month. Notably, exports to the German market increased by 122.0% to 910 tons.

•        This week, the price of pepper has increased rapidly from 154,000 VND to 165,000 VND, corresponding to a price increase of 7.14% in just the first week of February.
•        There is quite good demand from the Chinese market for white pepper and light berries pepper to extraction from the Indian market.
•        Other markets such as the US and the EU are also participating in purchasing black pepper with both long-distance and immediate orders.
•        The harvest season is continuing to progress very slowly due to a lack of labor and climate change.
•        Many farmers and dealers expect the price of pepper to continue upward trend. Many households that have sold coffee and durian are continuing to buy pepper to stock up in anticipation of price increases in 2025.

 

 

Pepper price today February 9, 2025

 

Rising at the beginning of the harvest season, pepper exports expected to continue to set records

Báo Quốc Tế•08/02/2025

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Pepper prices today, February 9, 2025, in the domestic market increased sharply in key localities, trading from 150,500 - 153,000 VND/kg.

Pepper price today February 9, 2025: High increase at the beginning of the harvest season, expected pepper exports to continue to set records. (Source: Borneo Talk)

Pepper prices today, February 9, 2025, in the domestic market increased sharply in key localities, trading from 150,500 - 153,000 VND/kg.

Specifically, pepper price today in Gia Lai is at 154,000 VND/kg.

Pepper prices today in the provinces of Dong Nai (153,500 VND/kg); Dak Lak (156,000 VND/kg); Dak Nong (157,000 VND/kg); Ba Ria - Vung Tau (155,000 VND/kg) and Binh Phuoc (156,000 VND/kg).

Thus, pepper prices today increased sharply in key growing areas, increasing by 3,000 - 4,000 VND/kg. The highest pepper price is at 157,000 VND/kg.

After the Lunar New Year, domestic pepper prices recorded consecutive days of increase. Localities also began harvesting early-ripening pepper. Prices increased at the beginning of the season, making farmers excited and hopeful for a bumper crop with "good harvest and good price".

The highest price is in Dak Nong, approaching the 160,000 VND/kg mark. This locality is assessed by the Vietnam Pepper and Spice Association to have the same output as last year.

Overall, this year's output is estimated by sources to increase compared to 2024. With high prices at the beginning of the season like now, in 2025 pepper is expected to continue to exceed billion USD in exports, and may possibly set a record high in exports ever.

Based on the supply-demand balance, pepper prices in 2025 are expected to remain high due to a decrease in supply, while demand in major markets such as the US and Europe remains stable. Pepper demand in the food and spice processing industries remains the main driver of the market.

According to a recent report by Ptexim, Vietnam’s total pepper export volume in 2024 is 250,600 tons, indicating a significant supply. However, the harvest has been steadily declining over the past 3-4 years due to shrinking planting areas as farmers switch to more profitable crops such as coffee and durian.

In addition, land prices in Vietnam have increased sharply from 2020 to 2023, causing many farmers to convert pepper growing land into real estate projects.

Significant fluctuations in pepper prices have also prompted many farmers to adopt intercropping by growing other crops along with pepper. This approach has led to a significant decline in the area under monoculture pepper cultivation over the past 4–5 years.

This trend is expected to continue, with pepper growing areas decreasing further by 2025. Ptexim forecasts that Vietnam’s pepper output in 2025 will decrease by about 5-10% compared to 2024. At the same time, inventories are at a five-year low and Vietnam will continue to import more pepper from other countries for processing and production.

In the world market, at the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Lampung black pepper (Indonesia) at 7,276 USD/ton; the price of Brazilian black pepper ASTA 570 at 6,500 USD/ton; the price of Kuching black pepper (Malaysia) ASTA at 9,000 USD/ton.

Muntok white pepper price is 9,770 USD/ton; Malaysian ASTA white pepper price is at 11,600 USD/ton.

Vietnam black pepper price is traded at 6,500 USD/ton for 500 g/l; 550 g/l at 6,650 USD/ton; white pepper price at 9,550 USD/ton.

The International Pepper Community assessed that the pepper market in the first week of February showed mixed reactions, with only domestic Malaysian white pepper reported to have declined. Despite the weakening of the Indian Rupee against the USD, domestic and international Indian pepper prices continued to increase this week.

Source: https://baoquocte.vn/gia-tieu-hom-nay-922025-tang-cao-ngay-dau-vu-thu-harvest-ky-vong-ho-tieu-xuat-khau-tiep-tuc-lap-ky-luc-303529.html

 

Pepper price today 2/4/2025, domestic price increased again

Báo Công thương•03/02/2025

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Pepper price today February 4, 2025, online pepper price, Dak Lak pepper price, Dak Nong pepper price, Binh Phuoc pepper price, Gia Lai pepper price, pepper price February 4.

Domestic pepper price today

Today's pepper price was updated at 4:30 a.m. on February 4, 2025 as follows: After many days of sideways and stability, the pepper market suddenly became vibrant and increased sharply on the first working day after Tet holiday, the increase ranged from 1,500 - 2,000 VND/kg, depending on the locality. Currently, the pepper purchase price in key markets is 149,400 VND/kg.

Specifically, today's pepper price in Gia Lai province increased by 1,500 VND/kg compared to the previous trading session, currently the pepper purchase price is at 149,000 VND/kg;

Similarly, pepper prices in Ba Ria - Vung Tau and Binh Phuoc provinces increased by 2,000 VND/kg, currently the pepper purchase price in these two localities is 149,000 VND/kg.

Pepper prices in Dak Lak and Dak Nong increased by 1,800 VND/kg, and the current pepper purchase price in these two provinces has reached 150,000 VND/kg.

Domestic pepper price updated on February 4, 2025

Many experts believe that in the coming years, global pepper production will not be enough to meet increasing consumer demand. Therefore, pepper prices are expected to increase sharply from 2024, opening a new period of development for this industry in Vietnam.

Currently, pepper farmers in Vietnam are showing more composure in the context of rising prices. Instead of massively expanding the area of ​​pepper cultivation, they are focusing on quality, switching to sustainable farming and applying intercropping methods to reduce costs and better adapt to climate change.

Ms. Hoang Thi Lien - President of the Vietnam Pepper Association (VPSA), said that with the current situation, global pepper output is still not enough to meet the expected increase in demand in the next 3-5 years. In Vietnam, pepper, a strong crop, is entering a new price increase cycle to compensate for years of extremely low prices.

Mr. Hoang Phuoc Binh - Vice President of Chu Se Pepper Association (Gia Lai) said that pepper prices often tend to increase in cycles. For example, the previous price increase cycle started in 2010 and peaked in 2015.

Farmers in Dak Nong province take care of their pepper gardens.

By the end of 2024, businesses in the pepper industry recorded strong growth rates of 32-68%, with some companies even seeing a spike in export revenue of 150% compared to 2023. Farmers also had a bumper year, earning 60,000-100,000 VND when selling 1 kg of pepper.

According to records, after the Lunar New Year holiday, local farmers started harvesting the early-ripening pepper crop in some areas. Most of the pepper acreage will be harvested immediately after that. This year's harvest is estimated to be slower than previous years due to unfavorable weather conditions last year.

Currently, the pepper growing area in our country is about 113,000 hectares, with an estimated output of 190,000 tons. In 2024, businesses exported nearly 250,000 tons of pepper, worth 1.31 billion USD - a record in the past 8 years. Vietnam continues to hold the world's largest warehouse with output accounting for 40% and exports accounting for 60% globally.

But green pepper fields, full of fruit, are grown in Dak Nong.

World pepper price today

Update on world pepper prices from the International Pepper Community (IPC) at 4:30 a.m. on February 4, 2025 as follows: the pepper market is vibrant and increasing again in Indonesia, increasing from 22 - 54 USD/ton; other countries remain at high levels.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,219 USD/ton (up 54 USD/ton) compared to the previous trading session; similarly, Muntok white pepper is currently purchased at 9,694 USD/ton (up 22 USD/ton).

The Malaysian pepper market continues to remain stable and at a high level. Currently, the price of Malaysian ASTA black pepper is purchased at 9,000 USD/ton and the price of ASTA white pepper is at 11,600 USD/ton.

Similarly, pepper prices in Brazil remain stable, currently the pepper purchase price in Brazil is at 6,150 USD/ton.

The export market for Vietnamese pepper continues to be stable and slightly increasing. Specifically, the export price of Vietnamese black pepper is currently at 6,350 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l; the price of white pepper is at 9,550 USD/ton.

Update world pepper prices today February 4, 2025

Indonesia, with its stable output, is emerging as a potential supplier, but cannot fully meet global consumption demand.

Meanwhile, China, with low pepper inventories, is expected to boost imports right after the Lunar New Year, creating the possibility of price increases in the coming time, especially when Vietnam begins to harvest the main crop.

Source: https://congthuong.vn/gia-tieu-hom-nay-422025-trong-nuoc-tang-cao-tro-lai-372017.html