Domestic pepper prices: Extending the sideways trend
As of 11:30 today (2.), domestic pepper prices continued to be stable. Currently, domestic pepper purchasing prices range from 154,000 - 156,000 VND/kg in key provinces and cities.
Of which, Dak Lak and Dak Nong continue to be the two localities with the highest prices in the country, currently trading at 156,000 VND/kg.
Other provinces such as Binh Phuoc and Ba Ria - Vung Tau are listed at 155,000 VND/kg.
Gia Lai - the locality that usually has the lowest pepper prices in the group, setting the mark of 154,000 VND/kg.
World pepper prices: Developments in the same direction
In the world market, Vietnamese pepper prices remained unchanged compared to the previous session but remained high. Black grape variety of 500g/l reached 6,700 USD/ton (equivalent to 175,406 VND/kg), while the 550g/l type reached 6,900 USD/ton (equivalent to 178,024 VND/kg). ASTA Vietnam white sugar is still at 9,700 USD/ton - equivalent to 253,946 VND/kg.
The Indonesian market remained unchanged after a series of fluctuations. Indonesia's black sugar reached 7,258 USD/ton. In the same direction, white pepper increased in price to 9,830 USD/ton.
Meanwhile, black and white pepper in the Malaysian market were recorded at 9,300 USD/ton and 11,900 USD/ton, respectively.
In the Indian market, pepper prices continue to remain unchanged in most pepper cultivations. Garbled pepper costs 67,200 rupees/kg, (equivalent to 212,762 VND/kg), Ungarbled is listed at 65,200 rupees/kg (equivalent to 206,430 VND/kg), while gram/liter has the lowest price of 64,200 rupees/kg (exchanged for 203,264 VND/kg).
Assessment and forecast
According to the latest report of Mane Kancor Spices Company, 2025 marks the fourth consecutive year of a decline in global pepper output due to climate change, affecting major producing countries such as Indonesia, India, Sri Lanka, Brazil and Vietnam.
Although Vietnam's pepper productivity has decreased somewhat, the price increase is still a positive factor for farmers. However, the number of sellers is sparse because farmers have good financial potential from high-yield crops such as coffee and durian.
Pepper prices are forecast to continue to remain high in 2025. The US is still Vietnam's largest export market, followed by Germany, India, China and the UAE.
