Pepper price today October 1, 2025: Price dropped sharply to 3000 VND/kg

Pepper price today in domestic market

According to records, this morning pepper prices in the domestic market decreased sharply from 1,500 to 3,000 VND/kg, ranging from 146,000 - 147,000 VND/kg.

Specifically, pepper prices in Dak Lak, Ba Ria - Vung Tau and Dong Nai are being traded at 147,000 VND/kg. In Dak Nong, pepper prices today decreased to 147,000 VND/kg. In Gia Lai, pepper prices today decreased to 146,500 VND/kg. Meanwhile, in Binh Phuoc, pepper prices are at the lowest level of 146,000 VND/kg.

Pepper price today in world market

At the end of the most recent trading session, the International Pepper Community (IPC) said that the price of Indonesian Lampung black pepper was quoted at 6,979 USD/ton, down 0.07% compared to yesterday.

Prices in other leading producing countries remained generally stable. Currently, Brazilian black pepper ASTA 570 is quoted at USD 6,500/ton, while Malaysian Kuching black pepper is at USD 9,600/ton.

In Vietnam, black pepper export prices continue to fluctuate in the range of 6,600 - 6,800 USD/ton for 500 g/l and 550 g/l.

At the same time of survey, the price of Indonesian Muntok white pepper reached 9,889 USD/ton, down 0.08% USD/ton compared to the previous session.

Meanwhile, the price of Malaysian ASTA white pepper remained stable at USD 13,000/ton. Similarly, the price of Vietnamese white pepper remained at around USD 9,250/ton.

Pepper prices are currently being affected by both price support factors and price reduction pressure. One of the reasons for the downward trend in prices is the shift in investment capital flows.

Many traders have sold off their pepper stocks to switch to coffee trading, after the commodity fluctuated strongly and attracted attention. That created a lot of selling pressure in the market, making it difficult for pepper prices to maintain the previous upward momentum.

In addition, although the total pepper output may decrease, the Indonesian market is still preparing for new supplies as the harvest enters its peak period in Lampung and South Sumatra. Increased supply in the short term may put further pressure on prices.

Domestically, pepper exports continued to record positive price movements. According to data from the Customs Department, in the first 15 days of September 2025, Vietnam exported 9,720 tons of pepper, worth 63.7 million USD. Compared to the same period last year, this figure increased by 28.5% in volume and 35.1% in value.

In total, from the beginning of the year to mid-September, the total export volume reached 175,818 tons with a value of nearly 1.2 billion USD. Compared to the same period last year, the export volume decreased by 8.1% but the value increased by 28.7%. The volume was the lowest since 2018 but the turnover reached the highest in the same period ever.

In the next 6 to 12 months, pepper price forecasts depend largely on the replanting of pepper gardens, the application of sustainable farming methods as well as the ability to meet international standards. If Vietnam maintains its quality advantage and continues to expand its export market, pepper has every opportunity to maintain its strategic role with stable prices at a high level.