Domestic pepper prices: Prices drop in some areas
As of 12:30 today (May 5), domestic pepper prices have remained largely unchanged, except for a decrease in Dak Lak and Dak Nong provinces. Currently, domestic pepper purchasing prices range from 154,000 - 155,500 VND/kg in key provinces and cities.
Of which, Dak Lak decreased sharply by VND 1,000/kg, listed at VND 155,000/kg, losing the leading position. In the same direction, Dak Nong, although down 500 VND/kg compared to the closing session of the week, is still the locality with the highest pepper purchasing price in the country, currently trading at 155,500 VND/kg.
Other provinces such as Binh Phuoc and Ba Ria - Vung Tau are listed at 155,000 VND/kg.
Gia Lai - the locality that often has the lowest pepper prices in the unchanged group, sets the mark of 154,000 VND/kg.
World pepper prices: Continue to increase strongly in the Indonesian market
In the world market, Vietnamese pepper prices fluctuated slightly compared to the previous session but remained high. Black grape variety of 500g/l is fixed at 6,700 USD/ton (equivalent to 175,272 VND/kg), while the 550g/l type is at 6,800 USD/ton (equivalent to 177,888 VND/kg). ASTA Vietnam white sugar is still at 9,700 USD/ton - equivalent to 256,564 VND/kg.
In particular, the Indonesian market continues to record significant fluctuations. Indonesian black pepper alone increased by 1.12% to 7,340 USD/ton. In the same direction, white pepper increased in price to 9,941 USD/ton.
Meanwhile, black and white pepper in the Malaysian market were recorded at 9,300 USD/ton and 11,900 USD/ton, respectively.
In the Indian market, pepper prices continue to remain unchanged in most pepper cultivations. Garbled pepper costs 67,200 rupees/kg, (equivalent to 214,442 VND/kg), Ungarbled is listed at 65,200 rupees/kg (equivalent to 208,060 VND/kg), while gram/liter has the lowest price of 64,200 rupees/kg (exchanged for 204,869 VND/kg).
Assessment and forecast
According to the Center for Industrial and Trade Information - Ministry of Industry and Trade (VITIC), pepper demand in the US market has progressed positively for long-term orders for the third and fourth quarters of 2025. This shows strong confidence in market stability and the possibility of a supply shortage in the future.
Global pepper supply is facing many challenges. According to the Vietnam Pepper and Spices Association (VPSA), although pepper prices have increased compared to last year, replanting activities in key provinces are still slow. The reason is that there is not much new land fund left, while farmers have switched to growing crops that are more economically efficient such as durian and coffee.
In addition, export companies are not currently offering long-term contracts, as the market is forecast to continue to fluctuate in 2025 and 2026.
