Domestic pepper prices
As of 11:30 AM today (July 13), domestic pepper prices maintained a series of stagnant days, continuing to be listed at 139,200 VND/kg. Currently, key areas are trading in the range of 138,000 - 141,000 VND/kg.
Domestic pepper prices are unchanged for the 4th consecutive day. Currently, provinces and cities list prices as follows:
Gia Lai and Dong Nai simultaneously listed at the mark of 138,000 VND/kg.
In the same direction, Ho Chi Minh City traded at the 13,900,000 VND/kg mark.
Notably, Lam Dong and Dak Lak offered for sale at the highest purchase price in the whole region, which is 140,000 VND/kg and 141,000 VND/kg.
World pepper price
In the world market, pepper prices remain unchanged. Indonesian black pepper and white pepper are no exception, trading in the range of 7,079 - 9,198 USD/ton (equivalent to 187,382 VND/kg - 243,472 VND/kg).
Meanwhile, the price of black pepper in Brazil remained unchanged at the market selling price of 5,900 USD/ton (about 156. 173 VND/kg). Notably, black and white pepper in Malaysia are still trading at high prices, respectively 12,250 USD/ton and 9,350 USD/ton.
In Vietnam's pepper export market, the price of black peppers of 500 g/l and 550 g/l is currently at 5,850 - 5,950 USD/ton. In the same direction, ASTA white pepper is offered for sale at 8,200 USD/ton (equivalent to 217,054 VND/kg).
Assessments and forecasts
Widespread supply scarcity makes the long-term trend still receive strong support from widespread supply scarcity.
According to forecasts, the total global pepper supply in 2026 will only reach about 462,000 tons, equivalent to last year's level. The sharp decrease of about 14% in Vietnam has been temporarily compensated by a 7% growth rate from Brazil. However, with world consumption demand stabilizing at over 500,000 tons/year, the supply and demand balance continues to fall into a state of disparity.
