Domestic pepper prices: Submerged in red
As of 11:30 am today (January 17), domestic pepper prices maintained their downward momentum in all regions, averaging at 148,100 VND/kg. Currently, key areas are trading in the range of 147,500 - 148,500 VND/kg.
Maintaining the price reduction state, the current pepper price list of specific areas is as follows:
Ho Chi Minh City and Gia Lai listed at 148,000 VND/kg.
Dong Nai province is the purchasing area with the lowest price of 147,500 VND/kg.
Dak Lak and Lam Dong are still the two provinces with the highest prices. Currently, these 2 areas are put on the market at 148,500 VND/kg.
World pepper prices: Unchanged after a week of fluctuations
In the world market, pepper prices are stable in countries. The Indonesian exchange - one of the most vibrant markets is no exception. These two items are traded in the range of 6,563 - 9,118 USD/ton (equivalent to 173,178 VND/kg - 240,597 VND/kg).
Meanwhile, the Brazilian market stood at 6,100 USD/ton (about 160,961/VND/kg). In the opposite direction, black and white pepper continued to remain unchanged, trading at 12,000 USD/ton and 9,000 USD/ton.
Notably, in Vietnam's pepper export market, black pepper prices of 500 g/l and 550 g/l suddenly decreased after the day, remaining at the threshold of 6,400 - 6,600 USD/ton. In the same direction, ASTA white pepper prices continued to maintain a decrease of 200 USD/ton, offering for sale at a price of 9,150 USD/ton (equivalent to 241,442 VND/kg).
Perspectives and forecasts
According to experts, the decline at the end of the week is a necessary technical correction after pepper prices have increased too sharply and far exceeded the actual value of short-term export contracts.
The fact that the USD maintains its strength and borrowing costs increases also makes export businesses no longer accelerate the rate of massive purchases as in the previous period.
Although selling pressure occurs in the short term, the overall picture of supply in 2026 is still facing many difficulties. According to assessments from the Vietnam Pepper and Spice Plant Association (VPSA), harsh weather dien bien with prolonged drought has negatively impacted the pollination stage of plants. In key farming areas such as Dak Lak or Binh Phuoc, the phenomenon of unseasonal rain causing root rot also caused heavy damage to many old pepper areas, directly threatening the overall yield of the whole crop.
