Pepper price today June 1, 2025: Continuous sharp decline
Today's domestic pepper price, June 1, is at 144,000 - 146,000 VND/kg. Domestic pepper prices have dropped sharply for the third consecutive day, from 500 to 2,000 VND/kg compared to yesterday. Shipping costs to the US have increased sharply by 30%.
Pepper price today June 1, 2025 in domestic market
Pepper prices in some key growing areas continued to fall sharply for the third consecutive day today. As a result, domestic pepper prices ranged from VND144,000/kg to VND146,000/kg.
In the Central Highlands region, pepper price today in Dak Lak remained unchanged compared to yesterday, currently at 146,000 VND/kg.
Pepper price today in Gia Lai decreased by 500 VND/kg compared to yesterday, currently at 144,500 VND/kg.
Pepper price today in Dak Nong decreased sharply by 2,000 VND/kg compared to yesterday, currently at 144,000 VND/kg.
In the Southeast region, pepper prices today in Ba Ria - Vung Tau are currently at 145,000 VND/kg, unchanged from yesterday. Dong Nai is unchanged from yesterday at 145,000 VND/kg.
In addition, pepper price today in Binh Phuoc is unchanged compared to yesterday, currently at 145,000 VND/kg.
Pepper price today June 1 in the world market
In the world market, based on quotes from export enterprises and export prices in various countries, the International Pepper Association (IPC) has updated the prices of all types of pepper traded in the international market on May 31 (local time) as follows:
Indonesia's Lampung black pepper price remained unchanged from yesterday at $7,427/ton. Meanwhile, Muntok white pepper price also remained unchanged from yesterday at $10,125/ton.
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $6,650/mt.
Malaysia's ASTA black pepper price remained unchanged from yesterday at $9,150/ton. Meanwhile, the country's ASTA white pepper price remained unchanged from yesterday at $11,850/ton.
Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of 500 gr/l black pepper in Vietnam reached 6,500 USD/ton; 550 gr/l reached 6,600 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,500/ton.
With US tariff policy still unclear, many importers are cautious about signing new contracts. Shipping costs to Europe and the US have increased sharply in the past week, with increases of 20% to 30%.
Short-term pepper purchasing prices depend on export growth and the stockpiling trend of international processors and traders. Hesitation from buyers makes the market unpredictable.
According to the Vietnam Pepper and Spices Association (VPSA), the export situation in the second quarter of 2025 and the following months will continue to face difficulties due to high pepper prices, putting both exporters and importers under financial pressure. To maintain exports, Vietnamese enterprises need to focus more on markets such as the EU, India and the Middle East, while increasing investment in deep processing and building their own brands.
Meanwhile, in Malaysia, Sarawak remains a hub for the production of high-quality black and white pepper, which is internationally recognized for its distinctive aroma. Dr Stephen Rundi Utom, Minister of Food Industry, Commodities and Regional Development of Sarawak, said the pepper here is distinguished by its high pungency and purity, maintained through more than a century of farming tradition.
Since 2003, Sarawak pepper has been protected by Geographical Indication (GI), which has enhanced its reputation in the international market. As of 2024, Sarawak still accounts for more than 98% of Malaysia's pepper production. The pepper growing area reached 8,300 hectares, a slight increase compared to the previous year. At the same time, the number of farmers participating in pepper cultivation also increased to 39,300, showing that the industry is still growing steadily.
