Pepper prices today, June 1, 2025: Continuing to fall sharply.

Today's pepper prices in the domestic market (June 1, 2025)

Today, pepper prices in some key growing regions continued to fall sharply for the third consecutive day. As a result, the average domestic pepper price is between 144,000 VND/kg and 146,000 VND/kg.

In the Central Highlands region, today's pepper price in Dak Lak remains unchanged compared to yesterday, currently at 146,000 VND/kg.

Today's pepper price in Gia Lai decreased by 500 VND/kg compared to yesterday, currently standing at 144,500 VND/kg.

Today's pepper price in Dak Nong has dropped sharply by 2000 VND/kg compared to yesterday, currently standing at 144,000 VND/kg.

In the Southeast region, today's pepper price in Ba Ria - Vung Tau is 145,000 VND/kg, unchanged from yesterday. Dong Nai also remains unchanged from yesterday at 145,000 VND/kg.

In addition, the price of pepper in Binh Phuoc today remains unchanged compared to yesterday, currently at 145,000 VND/kg.

Today's pepper prices (June 1st) in the world market.

On the world market, based on quotations from exporting companies and export prices in various countries, the International Pepper Association (IPC) has updated the prices of various types of pepper traded on the international market on May 31st (local time) as follows:

Indonesian Lampung black pepper prices remained unchanged from yesterday at US$7,427/ton. Additionally, Muntok white pepper prices also remained unchanged from yesterday at US$10,125/ton.

The price of Brazilian ASTA 570 black pepper remained unchanged from yesterday at $6,650 per ton.

Malaysian ASTA black pepper prices remained unchanged from yesterday at US$9,150/tonne. Additionally, the price of ASTA white pepper from the same country also remained unchanged from yesterday at US$11,850/tonne.

Prices for all types of Vietnamese pepper remain unchanged compared to yesterday. Specifically, the price of Vietnamese black pepper (500 gr/l) is 6,500 USD/ton; and the price of 550 gr/l is 6,600 USD/ton.

Similarly, the price of Vietnamese white pepper remained unchanged from yesterday at $9,500 per ton.

Amid uncertainty surrounding US tax policy, many importers are becoming cautious about signing new contracts. Last week, shipping costs to Europe and the US surged, rising by 20% to 30%.

Short-term pepper prices depend on export rates and stockpiling trends among processing companies and international traders. Hesitation from buyers makes the market unpredictable.

According to the Vietnam Pepper and Spice Association (VPSA), export conditions in the second quarter of 2025 and subsequent months will continue to be challenging due to high pepper prices, putting financial pressure on both exporters and importers. To maintain exports, Vietnamese businesses 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, the state of Sarawak continues to maintain its role as a center for producing high-quality black and white pepper, recognized worldwide for its distinctive aroma. Dr. Stephen Rundi Utom, Minister of Food Industry, Commodities and Regional Development of Sarawak, stated that the pepper here stands out for its high spiciness and purity, maintained through more than a century of traditional cultivation.

Since 2003, Sarawak pepper has been protected by Geographical Indication (GI), enhancing its reputation in the international market. As of 2024, Sarawak still accounts for over 98% of Malaysia's pepper production. The area under pepper cultivation reached 8,300 hectares, a slight increase compared to the previous year. Simultaneously, the number of farmers involved in pepper cultivation also increased to 39,300, indicating that the industry continues to grow steadily.