Domestic pepper prices: flat trend
As of 12:00 today (September 2), domestic pepper prices remained stable after two days of decline in the first two days of the week. Currently, the purchase price ranges from 157,000 - 158,000 VND/kg. The average pepper purchase price nationwide is at 157,400 VND/kg.
Pepper prices were simultaneously fixed at VND157,000/kg in the three provinces of Gia Lai, Ba Ria - Vung Tau, Binh Phuoc.
Purchasing at a price 1,000 VND/kg higher than the remaining provinces and cities, the two provinces of Dak Lak and Dak Nong announced pepper purchasing prices at 158,000 VND/kg.
World pepper prices: Maintain stability
According to the International Pepper Community, on the exchanges, the price of black and white pepper in the Indonesian market is stable. Black pepper prices fluctuated around 7,239 USD/ton (equivalent to 186,911 VND/kg). The price of white pepper announced is 10,066 USD/ton (equivalent to 259,905 VND/kg).
For the Brazilian market, the price of ASTA 570 black pepper unexpectedly decreased by 0.72%, currently anchored at 6,950 USD/ton.
In the Malaysian market, ASTA black and white pepper prices are anchored at 9,900 USD/ton and 12,400 USD/ton, respectively.
Notably, in Vietnam, the price of black pepper for export has moved sideways. The 500 g/l type is traded at 7,100 USD/ton (equivalent to 183,322 VND/kg); the 550 g/l type is currently at 7,300 USD/ton (equivalent to 188,486 VND/kg). Similarly, the price of white pepper for export fluctuates around 10,100 USD/ton (equivalent to 260,782 VND/kg).
In the Indian market, pepper prices continued to remain unchanged in most pepper prices. Garbled pepper costs 67,200 rupees/kg, (equivalent to 208,717 VND/kg), Ungarbled is listed at 65.200 rupees/kg, while gram/liter has the lowest price of 64,200 rupees/kg (exchanged at 199,399 VND/kg).
Assessment and forecast
According to the Ministry of Agriculture and Environment, the volume of pepper exports in the first quarter of 2025 reached 47.3 thousand tons with a turnover of 323.6 million USD, down 16.7% in volume but up 37.3% in value compared to the same period in 2024.
The average export pepper price in the first 3 months of 2025 is estimated at 6,845.4 USD/ton, up 64.9% over the same period in 2024. The US, Germany and India are still the 3 largest pepper consuming markets in Vietnam, accounting for 24.4%, 10.4% and 6.7% respectively.
Current pepper prices are still affected by many factors. In particular, the decline in output in major producing countries such as Vietnam, Indonesia and Brazil is the main reason, due to prolonged unfavorable weather.
