Domestic pepper prices: Fall
As of 11:30 AM today (February 24), domestic pepper prices have decreased, averaging 150,000 VND/kg. Currently, key areas are trading in the range of 149,000 - 151,000 VND/kg.
Areas after the simultaneous increase of 1,000 VND/kg have reversed to decrease, currently the pepper price list of provinces and cities is as follows:
Gia Lai and Dong Nai both decreased by 500 VND/kg, anchored at the threshold of 149,000 VND/kg.
Lam Dong and Dak Lak decreased the deepest by 1,000 VND/kg, bringing it back to the mark of 151,000 VND/kg.
Ho Chi Minh City alone did not change, putting it on the market at a price of 150,000 VND/kg.
World pepper prices: Sideways
In the world market, pepper prices are almost stagnant. The Indonesian exchange - one of the most vibrant markets is no exception. These two items are traded in the range of 6,883 - 9,226 USD/ton (equivalent to 180.473 VND/kg - 241,906 VND/kg).
The Brazilian market maintained a slight increase of 25 USD/ton, listed at 6,125 USD/ton (about 160,598 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 239,913 VND/kg).
Assessments and forecasts
The reversed price level in the first days of the new year shows that the domestic market is in a cautious state. Farmers are under selling pressure because inventory is no longer large, while export businesses are still cautious, waiting for more clear signals from international demand and world price movements.
Data from the Vietnam Customs Department shows that in January 2026, Vietnam exported 21,667 tons of pepper of all kinds, reaching a turnover of 139.3 million USD, an increase of nearly 68% in volume and 60% in value compared to the same period last year.
In which, import demand from the US recovered strongly after a period of deep decline last year, reaching 5,308 tons with a turnover of 38.8 million USD, an increase of 89.3% in volume and 80.5% in value compared to the same period. The US market share in Vietnam's total pepper export volume accordingly increased from 21.7% in 2024 to 24.5%.
