Domestic pepper prices: Slight increase
As of 11:30 today (September 20), domestic pepper prices recorded a week of alternating increases and decreases, currently the purchase price fluctuates between 155,000 - 156,000 VND/kg. The average pepper purchase price nationwide is at 155,400 VND/kg, up 100 VND/kg compared to the closing price of the previous week.
At the end of the week, pepper prices recovered in the middle of the week and remained unchanged at the peak of 158,000 VND/kg for two consecutive days. Then it decreased sharply and closed the week at 155,400 VND/kg.
At the end of last week, all three provinces of Gia Lai, Ba Ria - Vung Tau and Binh Phuoc purchased at 155,500 VND/kg, up 1,500 VND/kg and 500 VND/kg respectively compared to the previous week.
Meanwhile, Dak Lak and Dak Nong - two regions with the highest prices in the country - are currently listed at 156,000 VND/kg, down around 500 - 1,000 VND/kg.
World pepper prices: Maintained stability in most regions
According to the International Pepper Community, on exchanges, Malaysia's black and white pepper prices have decreased sharply and are currently being quoted at the highest level of 9,600 USD/ton and 12,100 USD/ton.
Meanwhile, Brazil's ASTA 570 black pepper was the lowest at 6,900 USD/ton, up 100 USD/ton compared to the closing price of last week.
Indonesian black pepper and white pepper prices continued to record a decrease in prices, listed at 7,056 USD/ton, down 91 USD/ton and 9,641 USD/ton, down 164 USD/ton.
The Vietnamese export pepper market had a sideways week. The 500 g/l type is traded at 6,600 USD/ton; the 550 g/l type is currently at 6,800 USD/ton. Similarly, the price of white pepper for export remained unchanged at 9,600 USD/ton.
In the Indian market, pepper prices continued to remain unchanged in most pepper prices. Garbled pepper costs 67,200 rupees/kg, (equivalent to 211,580 VND/kg), Ungarbled is listed at 65.200 rupees/kg, while gram/liter has the lowest price of 64,200 rupees/kg (exchanged at 202,134 VND/kg).
Assessment and forecast
Domestic pepper prices are forecast to continue to fluctuate slightly during the blooming harvest period, however, the market is having many supporting factors. Although it has entered the main harvest season, the amount of goods brought to the market is still limited because farmers tend to keep goods thanks to good income from coffee in the previous crop. Demand from traders and speculators is also contributing to keeping prices stable.
By the end of the first quarter of 2025, Vietnam had exported 47,660 tons of pepper, earning 326.6 million USD. Although output decreased by 16.1% over the same period, turnover increased by 38.6% thanks to the strong increase in average export prices - black pepper reached 6,711 USD/ton (up nearly 95%), white pepper reached 8,617 USD/ton (up nearly 74%).
However, the pepper industry also faces major challenges, especially from the 10% import tax policy that the US has temporarily postponed for 90 days. This is a barrier that has caused many US businesses to temporarily suspend trading, putting competitive pressure on Brazilian and Indonesian peppers.
