Domestic pepper prices: Neo at a high level
As of 11:30 today (November 29), the domestic pepper market remained unchanged, averaging 150,500 VND/kg. Currently, the price ranges from 150,000 - 151,000 VND/kg.
Key areas are stable after a series of high growth days. The price list on the market in key areas is as follows:
Dak Lak, Gia Lai and Lam Dong have put the market at around 150,500 - 151,000 VND/kg.
Dong Nai and Ho Chi Minh City set the mark of 150,000 VND/kg, unchanged from the previous closing session.
World pepper prices: Maintain the increase
In the world market, pepper prices continue to fluctuate after a series of unchanged days in different regions. The Indonesian exchange - one of the busiest markets continues to increase prices. Currently, these two items are traded between 7,136 - 9,717 USD/ton (equivalent to 188,477 VND/kg - 256,646 VND/kg).
On the other hand, the Brazilian market has maintained a stable streak, currently holding at 6,175 USD/ton (about 163,095 VND/kg). Meanwhile, black and white pepper remained unchanged, trading at 12,300 USD/ton and 9,200 USD/ton.
Notably, in the Vietnamese pepper export market, the price of 500 g/l and 550 g/l black pepper increased by 1.54%-1.49%, anchored at 6,500 - 6,700 USD/ton. ASTA white pepper prices increased by 2.16% in the same direction, currently standing at 9,250 USD/ton (equivalent to 244,311 VND/kg).
Assessment and forecast
Pepper prices at the end of November continued the price increase trend, many domestic production regions have set a new mark of 150,000 - 151,000 VND/kg. According to the International Pepper Community (IPC), Vietnam is a bright spot when domestic and export prices have improved well.
Exporters said demand from the US, Europe and the Middle East is recovering slightly in December. However, the new service expected to launch on the market from the beginning of the first quarter of 2026 could create downward pressure if supply increases again.
The Vietnam Pepper and Spices Association (VPSA) believes that the application tax exemption policy helps Vietnamese enterprises have a large position in the US, especially when the import costs of distributors have decreased significantly. This is an important factor to expand the contract and strengthen market share in 2026.
