Pepper price today 16. 5: The penultimate day of the week has unexpected developments

Hạ Linh |

Pepper prices today May 16: World and domestic pepper markets remain unchanged before the end of the week.

Domestic pepper prices: Unchanged

As of 1:30 PM today (May 16), domestic pepper prices extended their series of sideways days, averaging 143.100 VND/kg. Currently, key areas are trading in the range of 141.500 - 144,000 VND/kg.

Domestic pepper prices have maintained a price range for 4 consecutive days, currently the listed prices in regions are as follows:

Gia Lai province trades at the milestone of 141. 500 VND/kg.

Dong Nai and Binh Phuoc listed prices at 143,000 VND/kg.

Meanwhile, Dak Lak and Lam Dong continued to remain unchanged, successively offering for sale at the highest purchase price of 144,000 VND/kg.

World pepper prices: Unexpected increase

In the world market, pepper prices are stable in countries. The two items of black and white pepper in Indonesia stand firm, trading in the range of 7,050 - 9,244 USD/ton (equivalent to 186,029 VND/kg - 243,922 VND/kg), increasing by 8 USD/ton and 10 USD/ton respectively.

The Brazilian market maintained an increase of 100 USD/ton, listed at 6,250 USD/ton (about 164,919 VND/kg). Notably, black and white pepper after many days of stagnation increased by another 50 USD/ton, trading at 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 237,483 VND/kg).

Giá tiêu thế giới cập nhật lúc 13h30 ngày 16.5. Nguồn: Giacaphe.com
World pepper prices updated at 1:30 PM on May 16. 5. Source: Giacaphe. com

Assessments and forecasts

Domestic pepper prices have increased sharply recently due to reduced supply after the harvest season ends.

Pepper inventory moved to a record low in 2026, causing the market to continue to lack goods. On the contrary, increased import demand from many markets along with farmers' psychology of keeping goods are supporting pepper prices to remain in the highlands.

Meanwhile, the market is entering a new price increase cycle due to a global supply shortage. This may cause pepper prices to fluctuate in the high price range.

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