Domestic pepper prices: Continue to increase
As of 11am today (September 12), domestic pepper prices continued to increase sharply, increasing by an average of VND1,500/kg compared to the previous trading session. Currently, pepper purchasing prices range from 154,000 - 157,000 VND/kg. The average pepper purchase price nationwide is at 155,300 VND/kg.
Sharing at 154,000 VND/kg, the two provinces of Gia Lai and Binh Phuoc simultaneously increased by 1,000 VND/kg compared to yesterday. Meanwhile, Ba Ria - Vung Tau today announced the price at 155,000 VND/kg, the highest increase of 2,000 VND/kg.
Notably, after a series of days of maintaining the leading position, Dak Lak province today had a breakthrough, rising to 157,000 VND/kg, an increase of 2,000 VND/kg. Following immediately is Dak Nong province, which currently lists pepper prices at 156,500 VND/kg.
World pepper prices: Maintain stability
According to the International Pepper Community, on the exchanges, black and white pepper prices in the Indonesian market remained at the same level. Black pepper prices maintained an additional increase of 0.97%, fluctuating around 7,147 USD/ton (equivalent to 185,251 VND/kg). At the same increase, the price of white pepper increased to 9,805 USD/ton (equivalent to 254,146 VND/kg).
For the Brazilian market, the price of ASTA 570 black pepper is anchored at 6,800 USD/ton.
Meanwhile, in the Malaysian market, ASTA black and white pepper prices are anchored at 9,850 USD/ton and 12,300 USD/ton, respectively.
Notably, Vietnam's export black pepper prices have stabilized after a day of unexpected price declines. The 500 g/l type is traded at 6,600 USD/ton (equivalent to 171,072 VND/kg); the 550 g/l type is currently at 6,800 USD/ton (equivalent to 176,256 VND/kg). Similarly, the price of white pepper for export fluctuates around 9,600 USD/ton (equivalent to 248,832 VND/kg).
In the Indian market, pepper prices continue to remain unchanged in most pepper cultivations. Garbled pepper costs 67,200 rupees/kg, (equivalent to 208,287 VND/kg), Ungarbled is listed at 65.200 rupees/kg, while gram/liter has the lowest price of 64,200 rupees/kg (exchanged at 1989:89 VND/kg).
Assessment and forecast
Immediately after the US announced a 30-day counterpart tax postponement, the US market was resumed, many businesses took advantage of the 10% stable tax period to export goods. The vibrant export market has caused domestic pepper prices to increase.
This growth comes not only from domestic consumption demand but also from increased export demand, especially in the context of large markets such as the US, EU and China maintaining high demand for Vietnamese consumption.
In addition, the quality factor also plays an important role. This year's pepper harvest season is considered to be of high quality, with pepper meeting export standards, helping products easily penetrate international markets.
According to statistics from Vietnam Customs, the average export price of black pepper in March 2025 is 6,711 USD/ton, white pepper is 8,617 USD/ton, an increase of nearly 95% and 74% over the same period last year.
