Pepper price today 2.3: Conflicting developments

Hạ Linh |

Pepper prices today 2: 3: Domestic pepper witnessed a decline on the first day of the week, while international exchanges remained unchanged.

Domestic pepper prices: Submerged in red

As of 11:30 am today (March 2nd), domestic pepper prices have decreased, averaging 145,700 VND/kg. Currently, key areas are trading in the range of 145,500 - 146,000 VND/kg.

After a week of strong fluctuations, domestic pepper prices simultaneously decreased sharply on the first day of the week. Currently, the pepper price list of provinces and cities diễn biến cụ thể as follows:

Dong Nai province recorded the strongest decrease of 2,500 VND/kg, down to 145,000 VND/kg.

Next is the Gia Lai area, down 2,000 VND/kg, anchored at the threshold of 145,500 VND/kg.

Dak Lak, Lam Dong and Ho Chi Minh City put prices at 146,000 VND/kg, down 2,000 VND/kg.

World pepper prices: Unexpectedly standing still

In the world market, pepper prices remain unchanged in most regions. The Indonesian exchange - one of the most vibrant markets is no exception. Black and white peppers are traded in the range of 7,011 - 9,339 USD/ton (equivalent to 183,899 VND/kg - 244,962 VND/kg).

The Brazilian market is listed at 6,175 USD/ton (about 161,971 VND/kg). Notably, black and white peppers maintained an increase of 100 USD/ton, trading at 12,100 USD/ton and 9,100 USD/ton.

In Vietnam's pepper export market, the price of black pepper of 500 g/l and 550 g/l is maintained at 6,400 - 6,600 USD/ton. ASTA white pepper price continues to be offered for sale at 9,150 USD/ton (equivalent to 240,005 VND/kg).

Giá tiêu thế giới cập nhật lúc 11h30 ngày 2.3. Nguồn: Giacaphe.com
World pepper prices updated at 11:30 am on February 2. 3. Source: Giacaphe. com

Assessments and forecasts

After 4 months, from the first week of November 2025 when the average domestic pepper price was at 145,800 VND/kg, the price around the threshold of 145,000 VND/kg has returned.

This development shows that supply and demand are in a clear state of stalemate, as the main harvest season in the Central Highlands and Southeast enters its peak. The increase in new goods coming to the market creates adjustment pressure.

In the short term, pepper prices are likely to continue to fluctuate in the range of 145,000 - 150,000 VND/kg, depending on harvest progress, farmers' stockpiling psychology and fluctuations in world pepper prices.

Hạ Linh
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