Pepper price forecast for December 21st: Domestic prices remain stable.
The forecast for pepper prices on December 21st is stable, with a maximum of 148,500 VND/kg. On the world market, Indonesian pepper prices decreased slightly, while Vietnamese and Brazilian prices remained stable.
Domestic pepper prices remain unchanged.
According to the latest update on December 20th, the domestic pepper market remained stable compared to the previous trading session. Prices in key growing regions showed no change, fluctuating between 146,500 and 148,500 VND/kg.
Currently, Lam Dong and Dak Lak provinces continue to maintain the highest prices nationwide at 148,500 VND/kg. Meanwhile, Gia Lai and Dong Nai have the lowest prices at 146,500 VND/kg.
Domestic pepper price list as of December 20th.
| Local | Price (VND/kg) |
|---|---|
| Lam Dong | 148,500 |
| Dak Lak | 148,500 |
| Ho Chi Minh City | 147,000 |
| Gia Lai | 146,500 |
| Dong Nai | 146,500 |
The global market experienced slight fluctuations.
On the international market, data from the International Pepper Association (IPC) shows that export pepper prices have seen a slight adjustment in Indonesia, while other major markets continue to remain stable.
Specifically, the price of Indonesian Lampung black pepper decreased by 0.09% to $6,961 per ton. Similarly, the price of the same country's Muntok white pepper also fell by 0.08%, trading at $9,597 per ton. This adjustment is considered insignificant, reflecting market caution.
Meanwhile, pepper prices in other countries remained unchanged. In Vietnam, the export price of white pepper remained stable at US$9,250/ton; black pepper (500 gr/l and 550 gr/l) maintained prices of US$6,500/ton and US$6,700/ton respectively. Prices in Brazil and Malaysia also showed no change.
World pepper price list (for reference)
| Nation | Type of pepper | Price (USD/ton) |
|---|---|---|
| Indonesia | Lampung Black Pepper | 6,961 |
| Indonesia | Muntok White Pepper | 9,597 |
| Vietnam | White pepper | 9,250 |
| Vietnam | Black pepper 500 g/l | 6,500 |
| Vietnam | Black pepper 550 g/l | 6,700 |
| Brazil | Black pepper | 6,250 |
| Malaysia | ASTA Black Pepper | 9,200 |
| Malaysia | ASTA White Pepper | 12,300 |
Pepper price forecast for December 21, 2025
The forecast for pepper prices on December 20, 2025, is expected to fluctuate between 146,500 and 148,500 VND/kg, with variations across regions. In Gia Lai and Binh Phuoc, prices are expected to be around 146,500 VND/kg. Ba Ria - Vung Tau may maintain around 147,000 VND/kg, while Dak Lak and Dak Nong will see higher prices, closer to 148,500 VND/kg.
On the world market, pepper prices are predicted to fluctuate, rising and falling depending on the production region and the import demand of major markets.
For pepper growers, the current focus should be on controlling costs and maintaining existing plantations. Expanding to new areas is not yet feasible given the high prices of fertilizers and labor. Sustainable farming practices, reducing chemical fertilizers and increasing the use of organic farming, will help lower costs and improve quality. Households with stable finances can consider selling in batches to avoid pressure from a sudden surge in supply.
For businesses, diversifying markets and products is crucial. Increasing the proportion of clean, organic pepper and deeply processed products helps increase value, as sustainably produced peppers usually command higher prices than conventional ones. Simultaneously, closely monitoring exchange rate fluctuations, transportation costs, and signing flexible contracts will help reduce risks and create advantages when the market recovers.
