Domestic pepper prices: Stable on the weekend
As of 11am today (17.), the domestic pepper market remains stable. Currently, the purchase price of pepper is recorded at 151,000 - 153,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong are both anchored at 153,000 VND/kg, which are the areas with the highest pepper prices in the country.
Notably, the three provinces of Binh Phuoc, Gia Lai and Ba Ria - Vung Tau kept the price unchanged at 151,000 VND/kg.
World pepper prices: Continue to adjust
In the world market, pepper prices generally continue to remain stable in most regions. In the Indonesian market alone, black pepper prices increased by 0.67% to 7,301 USD/ton (equivalent to 190,630 VND/kg); white pepper was listed at 10,051 USD/ton (about 262,432 VND/kg).
In Vietnam, the export price of black pepper of 500 g/l and 550 g/l remains unchanged at 6,700 - 6,800 USD/ton (equivalent to 174,937 - 177,548 VND/kg). ASTA white pepper prices also remain unchanged, at 9,700 USD/ton (about 253,267 VND/kg).
In the same direction, other markets such as Brazil and Malaysia did not record any fluctuations. Malaysia's white rice continues to hold the highest price globally at 11,900 USD/ton (equivalent to 310,709 VND/kg).
Assessment and forecast
According to the Vietnam Pepper and Spices Association (VPSA), at this time, the domestic pepper market still does not have a clear price increase momentum due to slow consumption and the waiting mentality of traders. However, in the world market, prices remain high thanks to limited supply after harvest and increased demand from major markets such as the Middle East and Europe in the second quarter of 2025.
The world market remains stable and demand is expected to increase in the second quarter, helping to maintain high export prices. In the second quarter, pepper is subject to a 10% tax rate in the US, but by the third quarter, the tax rate in this market may increase to over 25% - 30%, causing Vietnamese pepper to lose competitiveness in the US market.
