Domestic pepper prices
As of 1:30 PM today (July 4), domestic pepper prices continued to be flat, listed at 134,200 VND/kg. Currently, key areas are trading in the range of 134,000 - 135,000 VND/kg.
Domestic pepper prices have maintained the price range for the 2nd consecutive day, provinces and cities currently list as follows:
Dong Nai is the area that puts it on the market with the lowest price of 133,000 VND/kg.
Gia Lai province and Ho Chi Minh City traded at the threshold of 14,000 VND/kg.
Lam Dong and Dak Lak offer for sale at a purchase price of 135,000 VND/kg.
Compared to the same period in 2025, the current pepper price is nearly 10,000 VND/kg lower, far from the price of 139,000 - 144,000 VND/kg, setting the lowest price range in the past 1 year.
World pepper price
In the world market, pepper prices maintained a sideways trend in all countries. Indonesian black pepper and white pepper are no exception, trading in the range of 7, 121 - 9, 253 USD/ton (equivalent to 188, 458 VND/kg - 244,881 VND/kg).
Meanwhile, the price of black pepper in Brazil sold to the market is 5,900 USD/ton (about 156. 144 VND/kg). Notably, black and white pepper in Malaysia are still trading at high prices, respectively 12,250 USD/ton and 9,350 USD/ton.
In Vietnam's pepper export market, the price of black pepper of 500 g/l and 550 g/l remains at 6,100 - 6,200 USD/ton. In the same direction, ASTA white pepper is offered for sale at 9,000 USD/ton (equivalent to 238,185 VND/kg).
Assessments and forecasts
After decreasing by 2,000-5,000 VND/kg in May, pepper prices in the Vietnamese domestic market continued to adjust by 1,000-4,000 VND/kg in the first 20 days of June and currently fluctuate at 14,000-15,000 VND/kg.
According to data from the Vietnam Pepper and Spice Plant Association (VPSA), in the first 5 months of the year, Vietnam imported 3,8086 tons of pepper of all kinds, a sharp increase of 69% compared to the same period in 2025. This increase reflects the continued increase in raw material demand for processing and re-export.
Although the fundamentals of the market are still quite solid, world pepper prices have not yet had a breakthrough momentum. Observers expect that the cooling of geopolitical tensions in the Middle East, and the smooth resumption of the sea route through the Strait of Hormuz, will contribute to improving market sentiment and boosting trading demand in the coming time.
