Domestic pepper prices: Week of sharp drop
Today (May 24), domestic pepper prices traded in the range of 139,000 - 142,000 VND/kg, an average sharp decrease of 2,000 - 3,000 VND/kg compared to last week.
At the end of last week, pepper prices in Dak Lak and Lam Dong simultaneously fell to the threshold of 142,000 VND/kg, down 2,000 VND/kg.
With the same decrease, Ho Chi Minh City reached 141,000 VND/kg.
Meanwhile, Dong Nai decreased by 3,000 VND/kg, trading at 140,000 VND/kg and finally Gia Lai recorded a decrease of 2,500 VND/kg, down to the 139,000 VND/kg mark.
However, for the whole week, the average price remained unchanged at 140,800 VND/kg.
World pepper prices: Conflicting developments
According to data from the International Pepper Corporation (IPC), world pepper prices recorded mixed movements last week.
Indonesian black pepper price decreased by 71 USD/ton compared to the previous week, down to 6,979 USD/ton. At the same time of the survey, Indonesian white pepper price decreased by 93 USD/ton last week, down to 9,151 USD/ton.
In the opposite direction, after many weeks of stagnation, Malaysian pepper prices increased by 50 USD/ton, reaching 9,350 USD/ton. Malaysian white pepper export prices increased by 50 USD/ton, to 12,250 USD/ton.
Meanwhile, the price of Brazilian black pepper type ASTA 570 remained stable at 6,250 USD/ton. Similarly, the export price of black pepper from Vietnam also remained unchanged, fluctuating in the range of 6,100 - 6,200 USD/ton for types 500 g/l and 550 g/l.
Assessments and forecasts
According to the Import-Export Department, the US continues to be Vietnam's largest pepper import market in the first months of 2026.
In the structure of exports to the US, black pepper continues to account for the largest proportion with more than 20,000 tons, equivalent to 81.5% of total exports to this market, a sharp increase compared to 60.5% in the same period last year.
Accumulated in the first 4 months of the year, pepper exports to the US reached nearly 24,800 tons, with a turnover of about 177.6 million USD, a sharp increase of 39.4% in volume and 34% in value compared to the same period last year.
However, the average export price to this market decreased by about 3.8%, to about 7,173 USD/ton.
According to experts, the demand for pepper imports from the US remains at a fairly good level in the context that the food processing and catering services industry in this country continues to recover. However, price competition pressure and global logistics fluctuations are still factors that need to be monitored in the coming time.
