Domestic pepper prices: Maintained stability, except for Gia Lai province
As of 11:30 today (September 30), domestic pepper prices have remained largely unchanged, except for maintaining a slight decrease in Gia Lai province. 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 often has the lowest pepper prices in the group continuing to decrease by 500 VND/kg, setting the mark of 154,000 VND/kg.
World pepper prices: Sharp increase in the Indonesian market
In the world market, Vietnamese pepper prices remained unchanged compared to the previous session but remained high. Black grape variety 500g/l is stable at 6,800 USD/ton (equivalent to 178,024 VND/kg), while the 550g/l type is 6,900 USD/ton (equivalent to 180,642 VND/kg). ASTA Vietnam white sugar is still at 9,800 USD/ton - equivalent to 256,564 VND/kg.
The Indonesian market continues to record significant fluctuations. In particular, Indonesian black pepper increased by 0.74% to 7,179 USD/ton. In the same direction, white pepper increased by 0.83% to 9,724 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
The domestic pepper market moved sideways during the holidays, prices did not fluctuate significantly due to stagnant purchasing power and limited supply. Many businesses and garden owners tend to "hoard goods", waiting for more positive signals after the holidays.
According to experts, pepper prices may increase slightly in the short term thanks to stable export demand and reduced output due to the prolonged drought in the Central Highlands and Southeast. Along with that, signals from international markets are also opening up new opportunities for this industry.
According to a report from Ptexim, demand in key markets such as Europe and Asia is gradually recovering, especially the US and China. Although the amount of Vietnamese pepper exported to China in the first quarter of 2025 increased by nearly 88% compared to the same period last year, this figure is still lower than in 2023. This is a strategy of hoarding more goods rather than a manifestation of real skyrocketing demand.
Meanwhile, in the US market, many long-term orders for the third and fourth quarters of 2025 have been placed in advance, reflecting confidence in the prospect of continued price increases and concerns about supply shortages. However, most Vietnamese exporting enterprises are still cautious and have not rushed to sign long-term contracts to anticipate the price increase trend in 2025 - 2026.
