Domestic pepper prices: Price slippage
As of 11:30 am today (March 4), domestic pepper prices have decreased sharply, averaging 143,800 VND/kg. Currently, key areas are trading in the range of 143,500 - 144,000 VND/kg.
Domestic pepper prices simultaneously decreased sharply after a day of stagnation, specifically as follows:
Gia Lai and Dong Nai provinces listed at 143,500 VND/kg, down 2,000 VND/kg and 1,500 VND/kg respectively.
Dak Lak, Lam Dong and Ho Chi Minh City simultaneously put prices of 144,000 VND/kg on the market, down 2,000 VND/kg.
Compared to the same period in 2025, the price fluctuates in the range of 157,000 - 159,200 VND/kg, 13,500 - 15,200 VND/kg higher.
World pepper prices: In the same direction
In the world market, pepper prices have slipped in some regions. The Indonesian exchange - one of the most vibrant markets is no exception. Black and white peppers traded in the range of 6,973 - 9,289 USD/ton (equivalent to 183,376 VND/kg - 244,283 VND/kg), down 38 USD/ton and 50 USD/ton respectively.
The Brazilian market is listed at 6,175 USD/ton (about 162,391 VND/kg). Notably, black and white peppers maintained an increase of 100 USD/ton, trading at 12,100 USD/ton and 9,100 USD/ton.
In Vietnam's pepper export market, the price of black pepper of 500 g/l and 550 g/l is maintained at 6,400 - 6,600 USD/ton. ASTA white pepper price continues to be offered for sale at 9,150 USD/ton (equivalent to 24,627 VND/kg).
Assessments and forecasts
According to the Vietnam Pepper and Spice Plant Association (VPSA), Vietnam's harvest season has started at the end of February 2026 and will last until the end of April. However, the situation of farmers selling massively will be difficult to happen, farming households only sell a part to pay for harvesting labor as well as fertilizer costs. A part, people who have enough finances will keep pepper in warehouses, waiting for prices to increase.
The limited supply has raised concerns about a difficult export year for Vietnam's pepper industry. Meanwhile, experts predict that world pepper demand in 2026 will recover.
