Domestic pepper prices: Deep decrease
As of 11am today (September 14), the domestic pepper market reversed and decreased in price, an average of 2,000 VND/kg. Currently, the purchase price of pepper is recorded at 137,000 - 138,000 VND/kg.
The provinces and cities in key regions are mostly at 137,000 VND/kg, down 2,000 VND/kg compared to the previous session's closing price.
Notably, Dak Lak province lost the mark of 140,000 VND/kg, returning to the price of 138,000 VND/kg.
World pepper prices: Indonesia turns to lower prices
In the world market, pepper prices have remained largely stable. However, the Indonesian exchange - one of the most vibrant markets - "turned around" to reduce prices. Currently, these two items are listed at 7,500 USD/ton; down sharply by 0.35% (equivalent to 196,673 VND/kg). At the same decrease, white pepper was listed at 10,132 USD/ton (about 265,692 VND/kg).
In Vietnam, the export price of black pepper of 500 g/l and 550 g/l remains fluctuating between 6,300 - 6,400 USD/ton. ASTA white pepper prices reached 9,300 USD/ton (equivalent to 243,874 VND/kg).
The Brazilian exchange remained unchanged, with pepper prices in this region currently at 6,175 USD/ton (about 161,928 VND/kg). Similarly, the Malaysian market continued to move sideways. Malaysia's white rice continues to hold the highest price globally at 11,850 USD/ton (equivalent to 310,743 VND/kg).
Assessment and forecast
In May 2025 alone, Vietnam exported 26,443 tons of pepper of all kinds. Total export turnover reached 182.4 million USD. Export volumes decreased but turnover increased compared to the same period in 2024. The average export price reached 6,897 USD/ton.
In terms of market, exports to the US decreased by 9.3%, to Germany decreased by 13.8%. In contrast, strong increases in exports to India, the UK, Egypt and Russia show a shift in market structure.
Pepper prices in early June fell about 5% compared to the beginning of the year and were significantly lower than the previous month, due to stagnant export demand and unknown global inventories.
