Pepper price today April 1, 2025: Price drops again
Today's domestic pepper price, April 1, is at 158,000 - 159,000 VND/kg. Pepper price has decreased by 1,000 VND/kg compared to yesterday. In March, pepper price increased sharply from 2,000 to 4,000 VND/kg.
Pepper price today April 1, 2025 in domestic market
The highest pepper purchase price in key pepper growing areas (Dak Lak, Lam Dong, Gia Lai, Dak Nong, Ba Ria - Vung Tau, Binh Phuoc) was recorded at 159,000 VND/kg.
Specifically, in Dak Nong province, pepper price is at 159,000 VND/kg. Decreased by 1000 VND/kg compared to yesterday.
In Gia Lai, pepper price is 158,000 VND/kg. Decreased 1000 VND/kg compared to yesterday.
In Dak Lak, pepper price is 159,000 VND/kg. Decreased 1000 VND/kg compared to yesterday.
In Binh Phuoc and Dong Nai, pepper price today is at 158,000 VND/kg. Decreased 1000 VND/kg compared to yesterday.
In Ba Ria - Vung Tau, pepper price today is at 158,000 VND/kg. Decreased 1000 VND/kg compared to yesterday.
Thus, today's pepper price in the domestic market is currently at its lowest price of 158,000 VND/kg.
In the last trading session of March 2025, domestic pepper prices fluctuated around 159,000 - 160,000 VND/kg. If calculated for the whole month, it has increased sharply from 2,000 to 4,000 VND/kg.
The new pepper crop has just begun to hit the market, creating pressure to cause prices to drop slightly in the short term. However, in the long term, many forecasts suggest that pepper prices will continue to trend upward.
Pepper harvesting activities in key areas are taking place busily. Dak Nong has harvested about 70% of the area, Dak Lak has reached 40%, and Gia Lai and Dong Nai have harvested about 50%.
In March, Vietnam is expected to export 16,000 to 18,000 tons of pepper. In the first quarter of 2025, the export volume only reached 43,000 - 45,000 tons, the lowest level in the past 6 years.
Pepper price today April 1 in the world market
In the world market, based on quotes from export enterprises and export prices in various countries, the International Pepper Community (IPC) has updated the prices of pepper of all types traded in the international market on April 1 (local time) as follows:
Indonesian Lampung black pepper prices remained unchanged from yesterday at $7,239 per tonne. Similarly, Muntok white pepper prices remained unchanged from yesterday at $10,066 per tonne.
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $7,000/mt.
Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,900/ton. Meanwhile, the country’s ASTA white pepper price also remained unchanged from yesterday at $12,400/ton.
Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of Vietnamese black pepper 500 gr/l reached 7,100 USD/ton; 550 gr/l reached 7,300 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at $10,100/ton.
Globally, pepper production in 2025 is forecast to decline to 434,000 tonnes. Meanwhile, demand remains high. Tight supply, stable demand and farmers’ hoarding sentiment continue to be the main factors keeping pepper prices high.
Export businesses are currently stepping up purchases to ensure goods sources for international partners, contributing to supporting the domestic market.
In the international market, pepper prices – especially black pepper – are also on an upward trend thanks to strong demand from major markets such as the US and Europe. Major pepper producing countries including Vietnam, Indonesia and Brazil are all facing difficulties due to bad weather, reducing production. Meanwhile, major consuming countries are increasing imports to serve the food and spice industry.
The US dollar remains high, creating favorable conditions for pepper prices in the international market. In Vietnam, post-harvest supply remains scarce as farmers and traders continue to hold onto their goods, selling only a very limited amount. This further increases expectations that pepper prices will remain high in the coming time.
