Domestic pepper prices: Week of price slippage
Today (May 31), domestic pepper prices traded in the range of 137,000 - 142,000 VND/kg, an average decrease of 2,000 - 3,000 VND/kg compared to last week.
At the end of last week, Dong Nai recorded the strongest decrease of 3,000 VND/kg, bringing the purchase price down to 137,000 VND/kg.
In Gia Lai and Ho Chi Minh City, pepper prices also decreased by 2,000 VND/kg and were traded at 137,000 VND/kg and 139,000 VND/kg respectively.
Meanwhile, Dak Lak and Lam Dong maintained stability at 142,000 VND/kg throughout the past week, continuing to be the areas with the highest purchasing prices in the country.
World pepper prices: Conflicting developments
According to data from the International Pepper Corporation (IPC), world pepper prices increased and decreased in opposite directions last week.
Indonesian black pepper closed last week at 7,152 USD/ton, up 2.48% (equivalent to an increase of 173 USD/ton) compared to the previous week. Along with that, Indonesian white pepper price increased by 0.87% (about 80 USD/ton) compared to the previous week, to 9,231 USD/ton.
In contrast, the price of Brazilian black pepper type ASTA 570 decreased by 2.4% (150 USD/ton) last week, to 6,100 USD/ton.
Meanwhile, Malaysian black and white pepper prices remained stable at 9,350 USD/ton and 12,250 USD/ton.
In Vietnam, the export price of black pepper also remained unchanged in the range of 6,100 - 6,200 USD/ton for types 500 g/l and 550 g/l.
Assessments and forecasts
According to data from the Vietnam Customs Department, Vietnam's pepper exports in the first 15 days of May 2026 reached 10,140 tons, worth 66.5 million USD, down 30% in volume and 27.6% in value compared to the first half of April, and also down 4% in volume and 10.7% in value compared to the same period last year.
However, accumulated from the beginning of the year to May 15, 2026, pepper exports reached a total of 106,947 tons, worth 689.3 million USD, a sharp increase of 27.1% in volume and 18.3% in value compared to the same period last year.
According to the Vietnam Pepper and Spice Plant Association (VPSA), in the event of prolonged conflict, Vietnam's pepper exports are expected to maintain stable growth momentum. Export output may be equivalent or slightly decrease by about 3-5% compared to 2025 (248,000 tons), but export turnover is still expected to increase by 5-10% thanks to the high price level being maintained.
