Tuesday, May 20, 2025

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Pepper Market on May 19, 2025

 

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

Pepper prices today  (May 19) continue to be traded at 151,000 - 153,000 VND/kg. In the world market, in 2025, the Indonesian Ministry of Agriculture has identified pepper as the main focus in the spice growing area development program.

Update pepper price

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.


Thursday, May 15, 2025

Pepper price forecast tomorrow, May 15, 2025 continues the series of sideways days

 

News, pepper price forecast tomorrow, May 15, 2025 continues the series of sideways days

Pepper price on May 15, 2025 is forecast to be stable, possibly increasing slightly by 500 VND/kg in Gia Lai and Binh Phuoc. The world market is flat, waiting for an increase signal at the end of the week.

Báo Quảng NamBáo Quảng Nam14/05/2025

Update on the latest pepper price on May 14, 2025 in the domestic market continues a series of sideways days

AreaAverage price (VND/kg)Change (VND)
Gia Lai 151,000 0
Ba Ria - Vung Tau 152,000 0
Dak Lak 151,000 0
Binh Phuoc 151,500 0
Dak Nong 151,000 0
Updated: May 14, 2025

Pepper prices today (May 14, 2025) in key pepper growing areas such as Gia Lai, Ba Ria - Vung Tau, Dak Lak, Binh Phuoc and Dak Nong show significant stability.

According to the table, the average price ranges from VND 151,000/kg to VND 152,000/kg, with a change of 0 VND in all regions. This reflects a pepper market in a state of balance, with no significant fluctuations in the short term.

Specifically, Gia Lai, Dak Lak and Dak Nong recorded pepper prices of VND 151,000/kg. Ba Ria - Vung Tau had a slightly higher price of VND 152,000/kg, while Binh Phuoc was at VND 151,500/kg. This small difference may be related to product quality or transportation costs from these areas to the consumer market.

Today's pepper price trend shows that the market is in a stable phase, with no major price fluctuations. This may be the result of a balance between supply and demand, as well as stability in macroeconomic factors. For farmers, this is a positive signal, helping them to plan production and consumption more effectively. For investors and businesses, this stability creates favorable conditions for making long-term business decisions.

In summary, today's pepper prices reflect a stable market without significant fluctuations. This is an opportunity for stakeholders to take advantage of this stability to optimize production and business activities. Closely monitoring market factors in the coming time will help predict pepper price trends more accurately.

Latest pepper price update on May 14, 2025, the world market is still stagnant

MarketUSD/TonChangeVND/kg (*)
Indonesian - Black Pepper 7,238 0 189,202
Indonesian - White Pepper 9,963 0 260,433
Brazilian Black - Pepper ASTA 570 6,800 0 177,752
Malaysia - Black Pepper ASTA 9,200 0 240,488
Malaysia - White Pepper ASTA 11,900 0 311,066
Vietnam - Black Pepper 500 g/l 6,700 0 175,138
Vietnam - Black Pepper 550 g/l 6,800 0 177,752
Vietnam - White Pepper ASTA 9,700 0 253,558

As of 4:48 PM on May 14, 2025, pepper prices today, May 14, 2025, on the international market remained stable in all major producing regions. According to the latest data, black pepper prices in Indonesia reached 7,238 USD/ton, equivalent to 189,202 VND/kg, while Muntok white pepper recorded 9,963 USD/ton (260,433 VND/kg). In Brazil, ASTA 570 black pepper was stable at 6,800 USD/ton, equivalent to 177,752 VND/kg. Malaysia continued to record higher prices, with ASTA black pepper at 9,200 USD/ton (240,488 VND/kg) and ASTA white pepper leading at 11,900 USD/ton (311,066 VND/kg). For Vietnam - the world's leading pepper exporting country, pepper prices today did not fluctuate, with 500 g/l black pepper reaching 6,700 USD/ton (175,138 VND/kg), 550 g/l black pepper at 6,800 USD/ton (177,752 VND/kg), and ASTA white pepper recorded 9,700 USD/ton (253,558 VND/kg).

The stability of pepper prices today, May 14, 2025, reflects a market in a state of supply-demand balance. Currently, major producing countries such as Vietnam, Indonesia and Brazil are in the final stages of the season, causing pepper supply to the market to gradually decrease. This creates slight pressure on prices, but demand from major consuming markets such as the EU, the US and Asia is not strong enough to push prices up significantly. According to market reports, US pepper imports in March 2025 achieved impressive growth, with Vietnam continuing to lead the supply, followed by Indonesia and India. However, the Chinese market - one of the potential markets - still maintains limited imports, reducing the opportunity for price increases in the short term.

Notably, farmers in major producing countries are tending to hoard pepper to wait for better prices, instead of selling immediately. This behavior contributes to maintaining the stability of pepper prices today, May 14, 2025, but can also lead to fluctuations if demand suddenly increases sharply in the future. Factors such as adverse weather, exchange rate fluctuations and global trade policies will also affect pepper price trends in the coming time. For businesses and farmers, closely monitoring market developments is necessary to develop appropriate business strategies.

News, forecast for pepper price tomorrow, May 15, 2025, domestic and world pepper prices continue to move sideways

Pepper prices on May 15, 2025 are forecasted to remain stable, but there are signs of a slight increase in some domestic and international areas. If you are interested in pepper prices, let's find out easy-to-understand predictions about the pepper market tomorrow.

Domestically, pepper prices are currently around 151,000 - 152,000 VND/kg. According to forecasts, pepper prices on May 15, 2025 will not change much, but some provinces such as Gia Lai or Binh Phuoc may increase slightly by about 500 VND/kg. The reason is that export companies are actively buying pepper to meet orders. When the amount of pepper on the market is less, the price may increase slightly, just like when a rare item becomes more expensive because many people want to buy it.

In the international market, pepper prices on May 15, 2025 are also expected to remain stable. According to the International Pepper Community (IPC), the price of Indonesian Lampung black pepper is at 7,323 USD/ton, Muntok white pepper is at 9,918 USD/ton. Malaysia has higher prices, with ASTA black pepper at 9,200 USD/ton and ASTA white pepper at 11,900 USD/ton. Brazil recorded ASTA black pepper prices at 6,800 USD/ton. In Vietnam, the price of 500 g/l black pepper is 6,700 USD/ton, 550 g/l black pepper is 6,800 USD/ton, and white pepper is at 9,700 USD/ton. These figures show that the world market is "sideways", but may increase slightly at the end of the week if demand from countries such as the US or Europe increases.

Why is the pepper price not fluctuating much? Currently, the pepper season is almost over, so the amount of pepper that farmers still keep is not much. This causes the supply to decrease, creating an opportunity for prices to increase. However, major importing countries are still buying at a moderate rate, so prices have not increased immediately. If this weekend, export companies increase purchases, pepper prices on May 15, 2025 may increase, especially in major pepper growing provinces such as Dak Lak, Gia Lai or Binh Phuoc.

Source: https://baoquangnam.vn/tin-tuc-du-bao-gia-tieu-ngay-mai-15-5-2025-tiep-tuc-chuoi-ngay-di-ngang-3154746.html


Wednesday, May 14, 2025

Pepper Market on May 14, 2025

 

Pepper Market on May 14, 2025: Experts are optimistic about the upward trend of pepper prices

Pepper prices today  (May 14) in the domestic market remained unchanged for the third consecutive day at 151,000 - 152,000 VND/kg. Experts say increased demand in the markets will push up domestic and export pepper prices.

Update pepper price

In the domestic market

According to a survey,  pepper prices  today continue to remain stable at 151,000 - 152,000 VND/kg in key provinces and cities. This is the third consecutive day of flat prices in the market.

In the Central Highlands provinces such as Dak Lak, Dak Nong and Gia Lai, the common purchase price is at 151,000 VND/kg.

Pepper prices   in the Southeast region are higher, with the purchase price in Binh Phuoc reaching VND151,500/kg. Meanwhile, in the two provinces of Ba Ria - Vung Tau and Dong Nai, the highest price was recorded at VND152,000/kg.

Province/district

(survey area)

Purchase price on May 14

(Unit: VND/kg)

Change from previous day (Unit: VND/kg)

Dak Lak

151,000

Gia Lai

151,000

Dak Nong

151,000

Ba Ria – Vung Tau

152,000

Binh Phuoc

151,500

Dong Nai

152,000

In the world market

In the world market, pepper prices were generally unchanged in the latest trading session. According to data from the International Pepper Community (IPC), Indonesian and Malaysian black pepper prices are quoted at USD 7,323/ton and USD 9,200/ton; Brazilian black pepper ASTA 570 price reached USD 6,800/ton.

Vietnam's black pepper prices still fluctuate between 6,700 - 6,800 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

May 14 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,323

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 reached 9,918 USD/ton. Meanwhile, the price of 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 14 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,918

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,700

Update pepper information

Informing  the Industry and Trade Newspaper , Mr. Hoang Phuoc Binh - former Permanent Vice President of Chu Se Pepper Association, said that the Chinese market imports but not much.

They only import enough for immediate consumption. The reason is due to many factors related to China's economic problems, import and  export  procedures  and their policy of buying in moderation to control pepper prices.

Although pepper prices this year are still higher than last year, replanting this crop is not taking place strongly in the provinces because there is no new land or farmers are growing crops with higher economic value, so the area will be difficult to increase in 2025.

From now until the end of the year, supply and demand will remain the most important factor. The global market is still in short supply, which will support pepper prices to increase again in the medium and long term.


Pepper imports from Brazil increased nearly 3 times

 

Pepper Market on May 12, 2025: Stable, pepper imports from Brazil increased nearly 3 times over the same period

Pepper prices today  (May 12) in the domestic market remained stable at 151,000 - 152,000 VND/kg. According to data from Comexstat, in the first 4 months of the year, Vietnam imported 13,505 tons of pepper from Brazil, 2.9 times higher than the same period last year.
























Update pepper information

Initial estimates for Brazil’s total pepper production in 2025 range from 85,000 to 90,000 tonnes, a significant increase from 2024’s production of 75,000 tonnes. Espírito Santo is currently completing its first major harvest of the year, with production expected to be around 20,000 tonnes.

According to Comexstat, Brazil  exported   10,566 tons of pepper in April, earning $60.1 million — down 2.9 percent in volume and 12.9 percent in value compared to the previous month. However, compared to the same period last year, exports increased sharply by 39.1 percent in volume and 99.2 percent in value.

Of which, the main export markets include Vietnam: 4,993 tons, 5.7 times higher than the same period; AUE: 806 tons, up 6.6%; Senegal: 737 tons, down 15%...

In the first 4 months of 2025, Brazil's pepper exports reached 33,648 tons, worth 205.6 million USD, up 29.7% (equivalent to 7,709 tons) in volume and 2.2 times in value compared to the same period in 2024.

The average export price of pepper in the first four months of the year reached 6,110 USD/ton, up 69.7% over the same period. In April alone, the price reached 5,693 USD/ton, down 10.3% over the previous month but still 43.2% higher than in April 2024.

In the first 4 months of the year, Vietnam was Brazil's largest pepper  import  market  , accounting for 40.1% of the market share with a volume of 13,505 tons, with a turnover of 79 million USD. Compared to the same period last year, the import volume increased 2.9 times, while the turnover increased 5.1 times. The average price of Brazilian pepper exported to Vietnam reached 5,853 USD/ton, an increase of 76.6% compared to the same period in 2024.

The next largest import markets include UAE: 2,763 tons, up 4.4%; Senegal: 2,526 tons, up 19.5%; India: 2,378 tons, down 16.9%; Morocco: 2,261 tons, down 17.1%...

The completion and treatment of Salmonella bacteria by some pepper processing plants in Brazil has helped the country's pepper exports to Germany increase by 69.1% to 2,047 tons. However, exports to the US decreased by 17.5% compared to the same period, reaching 703 tons.


Tuesday, May 13, 2025

Pepper Market on May 13, 2025

 

Pepper Market on May 13, 2025: Vietnam's pepper market share in the US decreases

Pepper prices today  (May 13) in the domestic market continued to be traded at 151,000 - 152,000 VND/kg. Vietnam's market share in total pepper imports to the US in the first quarter fell to 60.4% from 76% in the same period.

Update pepper price

In the domestic market

Survey shows that  pepper prices  this morning continued to fluctuate between 151,000 - 152,000 VND/kg, marking the second consecutive day of sideways movement.

Specifically, in the provinces of the Southeast region such as Ba Ria - Vung Tau and Dong Nai,  the highest  pepper price  was recorded at 152,000 VND/kg. Particularly in Binh Phuoc province, pepper was purchased at 151,500 VND/kg.

In localities in the Central Highlands such as Dak Lak, Dak Nong and Gia Lai, the common purchase price is 151,000 VND/kg.

Province/district

(survey area)

Purchase price on May 13

(Unit: VND/kg)

Change from previous day (Unit: VND/kg)

Dak Lak

151,000

Gia Lai

151,000

Dak Nong

151,000

Ba Ria – Vung Tau

152,000

Binh Phuoc

151,500

Dong Nai

152,000

In the world market

In the world market, pepper prices also did not record any new fluctuations. According to data from the International Pepper Community (IPC), Indonesian and Malaysian black pepper prices are currently trading at USD 7,323/ton and USD 9,200/ton; Brazilian black pepper ASTA 570 price is USD 6,800/ton.

Vietnam black pepper prices continue to fluctuate between 6,700 - 6,800 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

May 13 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,323

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 reached 9,918 USD/ton. Meanwhile, the price of 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 13 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

9,918

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,700

Update pepper information

According to data from the International Trade Center (ITC), in March, pepper  imports   into the US reached 6,741 tons, up 13.4% over the previous month and nearly 17% over the same period last year. The main supplying markets include: Vietnam with 3,991 tons, Indonesia with 1,515 tons and India: 815 tons.

By the end of the first quarter, US pepper imports reached 21,586 tons, worth nearly 159 million USD, up 8.7% in volume and 66.6% in value over the same period in 2024.

Vietnam was the main pepper supplier to the US market in the first quarter of the year with a volume of 13,036 tons, worth 98.5 million USD, down 13.6% in volume but up 38.4% in value over the same period. Vietnam's market share in total US pepper imports fell to 60.4% from 76% in the same period.

The next largest supplying markets were Indonesia, accounting for 20.9% of the market share, reaching 4,522 tons, up 241.7%; India, accounting for 10.1% of the market share, reaching 2,181 tons, up 18.5% over the same period.

Meanwhile, according to Ptexim, pepper prices showed a downward trend from the beginning of the week due to weak demand and rising concerns over tensions between India and Pakistan. However, the market recovered as demand picked up again.

Demand has improved in the EU, Asia and the US. Notably, the Chinese market has started buying again, although in small quantities. However, farmers are under little pressure to sell after the harvest and are expected to continue to stockpile in the coming period.

Drewry’s global container index fell 1% to $2,076 per 40-foot container in the week to May 10. That’s 80% below the peak of the COVID-19 pandemic but still 46% above the pre-pandemic average of 2019.

Forecasts suggest freight rates will stabilize as shipping lines adjust capacity in response to low booking volumes from China.

According to VietnamBiz

Sunday, May 11, 2025

Pepper Market on May 11, 2025

 

Pepper Market on May 11, 2025: Sharp decline at the end of the week

Pepper prices today (May 11) in the domestic market fluctuated from 151,000 - 152,000 VND/kg. Overall, pepper prices have decreased by 3,000 - 5,000 VND/kg for the whole week.

Source: Hoang Hiep synthesis

In the world market

According to data from the International Pepper Community (IPC), last week, black pepper prices in Indonesia and Malaysia decreased by 0.23% and 1.08% respectively compared to the previous week, down to USD 7,323/ton and USD 9,200/ton.

Meanwhile, the price of Brazilian black pepper ASTA 570 remained stable at 6,800 USD/ton. The price of Vietnamese black pepper continued to fluctuate in the range of 6,700 - 6,800 USD/ton for 500 g/l and 550 g/l.

Type name

World black pepper price list

May 11 (Unit: USD/ton)

% change from last week

Lampung Black Pepper (Indonesia)

7,323

-0.23

Brazilian Black Pepper ASTA 570

6,800

Kuching Black Pepper (Malaysia) ASTA

9,200

-1.08

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 decreased slightly by 0.23% compared to last week, down to 9,918 USD/ton.

Vietnam white pepper and Malaysia ASTA white pepper prices remained stable throughout the week at USD 9,700/ton and USD 11,900/ton.

Type name

World white pepper price list

May 11 (Unit: USD/ton)

% change from last week

Muntok Indonesian White Pepper

9,918

-0.23

ASTA Malaysian White Pepper

11,900

Vietnam white pepper

9,700

Update pepper information

According to  Nhan Dan Newspaper , Dak Nong province currently has nearly 34 thousand hectares of pepper, with an output of about 70 thousand tons/crop; ranking first in the country in terms of area and second in terms of output (after Dak Lak province). To develop the pepper industry sustainably, the province is focusing on improving quality and developing value chain linkages, applying good agricultural production processes (GAP).

Up to now, Dak Nong has 10 sustainable pepper production and consumption chains; including 2 production groups, 5 cooperatives, 2 enterprises with a total area of ​​1,630 hectares. The whole province has more than 1,000 households participating in long-term pepper production links associated with certification standards, with an output of more than 3,800 tons/crop. All of these chains are developing strongly in both scale and production value.

In addition, Dak Nong province has 24 pepper production facilities according to certified standards, with an area of ​​over 3,100 hectares. Currently, 2 high-tech pepper production areas have been recognized in Thuan Ha and Thuan Hanh communes, Dak Song district with a total area of ​​1,549.4 hectares.

High-tech pepper producers in recognized areas are guaranteed products according to organic and Rainforest standards, and are certified with the collective brand name Dak Song Pepper and the geographical indication of Dak Nong Pepper; creating favorable conditions for high-tech pepper products to have higher value and expand the consumption market.

The province will focus on developing the value chain linkage of the pepper industry associated with linkages in production and consumption of products through concentrated production areas. Focus on improving productivity and product quality; promote the advantages of geographical indications of Dak Nong pepper products to build product brands, moving towards strongly affirming the Dak Nong pepper brand in the market.

The provincial agricultural sector has been focusing on implementing groups of solutions to reorganize production according to the industry value chain, including planning and developing large-scale raw material areas.

According to VietnamBiz.