Domestic pepper prices: Stable
As of 11:30 am today (March 10), domestic pepper prices remained unchanged compared to the closing level of last week's session, averaging 145,400 VND/kg. Currently, key areas are trading in the range of 144,500 - 146,500 VND/kg.
Domestic pepper prices continue to increase, specifically as follows:
Gia Lai and Dong Nai provinces listed at the mark of 144,500 VND/kg.
Dak Lak and Lam Dong also put prices of 146,500 VND/kg on the market.
Ho Chi Minh City maintains a series of unchanged days, anchored at the threshold of 145,000 VND/kg.
World pepper prices: Sideways trend
In the world market, pepper prices continued to decline in some regions. The Indonesian exchange - one of the most active markets - slightly decreased. Black and white peppers traded in the range of 6,953 - 9,262 USD/ton (equivalent to 182,969 VND/kg - 243,730 VND/kg).
The Brazilian market is listed at 6,050 USD/ton (about 159. 206 VND/kg). Notably, black and white peppers maintained an increase of 100 USD/ton, trading at 12,100 USD/ton and 9,100 USD/ton.
In Vietnam's pepper export market, black pepper prices of 500 g/l and 550 g/l slightly decreased, anchored at the mark of 6,400 - 6,500 USD/ton. Meanwhile, ASTA white pepper price continues to be offered for sale at 9,150 USD/ton (equivalent to 240,783 VND/kg).
Assessments and forecasts
The Middle East region consumes about 18% of the total export volume of enterprises and about 17.5% of the export output of the entire Vietnamese pepper industry. If this market is temporarily disrupted, consumption demand will decrease significantly, which may put downward pressure on pepper prices in the short term.
Faced with unpredictable geopolitical fluctuations, the Import-Export Department recommends that businesses proactively diversify markets, take advantage of FTAs to expand exports to areas with more stable demand, and regularly update information on transportation, freight rates and geopolitical fluctuations to proactively develop response plans.
According to the Vietnam Pepper and Spice Plant Association (VPSA), Vietnam's pepper production in 2026 is expected to decrease by about 15-20% compared to 2025 and the estimated output for the whole year is about 165,000 tons. This leads to global inventory also falling to a low level in recent years.
