Domestic pepper prices: Unexpected developments
As of 11:30 am today (June 1), domestic pepper prices interrupted a series of stagnant days, suddenly sharply decreasing by 2,000 VND/kg, averaging 137,400 VND/kg. Currently, key areas are trading in the range of 136,000 - 139,000 VND/kg.
Domestic pepper prices fell sharply on the first day of the week, currently the listed prices in regions are as follows:
Gia Lai and Dong Nai provinces traded at the mark of 136,000 VND/kg, down 1,000 VND/kg.
Ho Chi Minh City decreased by 2,000 VND/kg, listed at a price of 136,000 VND/kg.
Meanwhile, Dak Lak and Lam Dong sharply decreased by 3,000 VND/kg, offering for sale at the highest purchase price of 139,000 VND/kg.
World pepper prices: Sideways
In the world market, pepper prices remain stable in all countries. The two items of black and white pepper in Indonesia are no exception, trading in the range of 7,152 - 9,31 USD/ton (equivalent to 188,778 VND/kg - 243,653 VND/kg).
The Brazilian market holds at 6,100 USD/ton (about 161,010 VND/kg). Notably, black and white peppers 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 pepper of 500 g/l and 550 g/l remains at 6,100 - 6,200 USD/ton. In the same direction, ASTA white pepper is offered for sale at 9,000 USD/ton (equivalent to 237.555 VND/kg).
Assessments and forecasts
The scarcity of supply has pushed domestic pepper prices to maintain around the threshold of 137,000 - 142,000 VND/kg by the end of May 2026. The decrease in pepper prices comes from technical adjustment activities after the previous stagnant period.
This development shows that the world pepper market is still in the stage of supply-demand adjustment between major production sectors, while import demand in many consumption markets remains stable.
