Domestic pepper prices: Increase in some growing areas
As of 11:30 today (November 3), the domestic pepper market increased by 200 VND/kg, an average of 146,800 VND/kg. Currently, the price ranges from 146,000 - 148,000 VND/kg.
Stable areas at the beginning of the week, except for Gia Lai province and Ho Chi Minh City:
Gia Lai province and Ho Chi Minh City both increased by 500,000 VND/kg, launching on the market at 146,000 VND/kg. However, this is still the lowest price in the region.
Pepper prices in Dong Nai today remain unchanged, reaching 146,000 VND/kg.
Recorded the highest price in the region are Lam Dong and Dak Lak provinces when setting the price of 148,000 VND/kg.
World pepper prices: flat trend
In the world market, pepper prices have changed after a stable week in the regions. In particular, the Indonesian exchange - one of the most vibrant markets - maintained a slight increase of 0.1% and 0.09%. Currently, these two items are traded between 7,211 - 10,061 USD/ton (equivalent to 190,041 VND/kg - 265,157 VND/kg).
On the other hand, the Brazilian market is flat, currently holding at 6,100 USD/ton (about 160,705 VND/kg). On the contrary, black and white pepper decreased in price, down 0.81% - 1.9%, respectively, trading at 12,300 USD/ton and 9,200 USD/ton.
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 238,441 VND/kg).
Assessment and forecast
According to a representative of the Vietnam Pepper and Spices Association (VPSA), from now until the new harvest in February 2026, Vietnam will continue to increase imports because the market demand at the end of the year is usually higher by 10 - 15%. Although the new crop output is expected to increase by 5 - 10% compared to last year's 180,000 tons, the supply of goods in the short term is still scarce.
With a steady price increase and continued high world demand, Vietnamese pepper is on track to set a new record of 1.5 billion USD in export turnover.
