Domestic pepper prices: Price drop
As of 11:30 am today (December 31), domestic pepper prices decreased in some areas, averaging 150,600 VND/kg. Currently, key areas are trading in the range of 149,500 - 151,500 VND/kg.
Provinces and cities do not change price levels, except for Ho Chi Minh City and Lam Dong, which recorded a slight decrease of 500 VND/kg. The price list of regions is currently as follows:
Gia Lai province stabilizes, priced at 150,000 VND/kg.
Ho Chi Minh City and Lam Dong both decreased by 500 VND/kg, anchored at the threshold of 151,000 VND/kg.
Dong Nai and Dak Lak maintained the closing price of the previous session, respectively bringing to the market the milestones of 149,500 VND/kg and 151,500 VND/kg.
World pepper prices: "Turn around" slightly increase
In the world market, pepper prices remain unchanged in most countries. The Indonesian exchange alone - one of the most vibrant markets - reversed after 2 days of price depreciation. These two commodities traded in the range of 6,738 - 9,171 USD/ton (equivalent to 177,749 VND/kg - 241,931 VND/kg), increasing by 3 USD/ton and 2 USD/ton respectively.
Meanwhile, the Brazilian market is stable, currently at 6,000 USD/ton (about 158,280 VND/kg). Black and white peppers are traded at 12,000 USD/ton and 9,000 USD/ton.
Notably, in Vietnam's pepper export market, the price of black pepper of 500 g/l and 550 g/l maintains a price range of 6,500 - 6,700 USD/ton. The current ASTA white pepper price is at 9,250 USD/ton (equivalent to 244,015 VND/kg).
Perspectives and forecasts
The domestic pepper market entered the last trading session of 2025 with mixed and mixed developments.
After a series of strong fluctuations, the current price accurately reflects the actual supply and demand in the year-end period, when liquidity pressure and the need for book closing of export businesses dominate the market.
Looking back at 2025, Vietnam's pepper industry has experienced many ups and downs. From low prices at the beginning of the season, the market has had hot growth waves thanks to concerns about global supply shortages due to the El Nino phenomenon. Although not achieving record prices as some overly optimistic forecasts, the current price range of 150,000 VND/kg still ensures good profits for farmers to reinvest.
