Domestic pepper prices: Maximum increase of VND 2,000/kg
As of 11:30 today (October 27), the domestic pepper market suddenly increased, averaging 144,200 VND/kg. Currently, the price ranges from 143,000 - 145,000 VND/kg.
Gia Lai province increased by 1,000 VND/kg compared to the closing price of the week, launching on the market at 143,000 VND/kg. This is the lowest price in the region.
Ho Chi Minh City and Dong Nai today both increased the price by VND 2,000/kg, reaching VND 144,000/kg.
Recorded the highest price in the region is Lam Dong and Dak Lak provinces when increasing by 2,000 VND/kg, setting the price threshold of 145,000 VND/kg.
Compared to the beginning of October, the average domestic pepper price was at 146,700 VND/kg, shortening the price range to 2,500 VND/kg compared to last week.
World pepper prices: Slight increase
In the world market, pepper prices are mostly stable in the opening trading session of the week. In particular, the Indonesian exchange - one of the busiest markets recorded a slight increase of 0.01% and 0.09%. Currently, these two items are traded between 7,211 - 10,061 USD/ton (equivalent to 190,025 VND/kg - 265,128 VND/kg).
On the other hand, the Brazilian market is flat, currently holding at 6,100 USD/ton (about 160,748 VND/kg). In the same direction, black and white pepper were stable, trading at 12,500 USD/ton and 9,500 USD/ton, respectively.
In the pepper export market of Vietnam, the price of black pepper of 500 g/l and 550 g/l is flat, anchored at 6,400 - 6,600 USD/ton. ASTA white pepper prices remain high, currently standing at 9,050 USD/ton (equivalent to 238,486 VND/kg).
Assessment and forecast
Pepper growers are entering the end-of-season care stage, preparing for the 2025 - 2026 harvest season expected to start at the end of November. When new supply is brought to market, the selling volume is abundant, the price may decrease slightly by 1,000 - 2,000 VND/kg but in general, the positive trend is still maintained.
In the long term, Vietnamese pepper is still promising thanks to the recovery of export demand, especially from China, India and Europe. Enterprises expect the fourth quarter of 2025 to be a favorable period to expand contracts, creating momentum for export growth in 2026.
