Domestic pepper prices: Stable daily supply
As of 11:30 today (May 21), the domestic pepper market has decreased in the 2 areas with the highest purchasing prices in the country. Currently, the purchase price of pepper is recorded at a price of 150,000 - 152,000 VND/kg.
Pepper prices in Dak Lak and Dak Nong both remained at 152,000 VND/kg, down 1,000 VND/kg.
Notably, Binh Phuoc and Ba Ria - Vung Tau kept the same price of 151,000 VND/kg. In the same direction, pepper purchasing prices in Gia Lai province are still recorded at 150,000 VND/kg.
World pepper prices: intertwined increases and decreases
In the world market, pepper prices generally fluctuated slightly in some regions. In particular, in the Indonesian market - one of the most vibrant exchanges, black and white pepper prices increased by 0.3%. Currently, these two items are listed at 7,379 USD/ton (equivalent to 192,888 VND/kg); white pepper is listed at 10,062 USD/ton (about 263,021 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 175,138 - 177,752 VND/kg). ASTA white pepper prices also remain unchanged, at 9,700 USD/ton (about 253,558 VND/kg).
Meanwhile, the Brazilian market unexpectedly decreased by 0.75%, reaching 6.650 USD/ton (equivalent to about 173.831 VND/kg).
The Malaysian exchange did not record any fluctuations. Malaysia's white rice continues to hold the highest price globally at 11,900 USD/ton (equivalent to 311,066 VND/kg).
Assessment and forecast
According to preliminary statistics from the Vietnam Pepper and Spices Association (VPSA), in the first 15 days of May 2025, Vietnam exported 10,594 tons of pepper, with a total export turnover of 74.6 million USD, a slight increase of 1.7% in volume and 3.6% in volume compared to the first half of April.
The US and China are the two largest export markets for Vietnamese pepper in the first half of May, reaching 2,521 tons and 1,073 tons. Notably, pepper exports to China in the first 15 days of the month were nearly equal to the figure of 1,337 tons of the whole month, showing that market demand is improving.
