Pepper price today December 12, 2024: Export pepper price increases, domestic price is stable
Pepper prices today, December 12, 2024, in the domestic market continue to be stable. Pepper export prices suddenly increased, adding 100 USD/ton
Domestic pepper price on December 12, 2024
| Province/district (survey area) | Purchase price (Unit: VND/kg) | Change from yesterday (Unit: VND/kg) |
|---|---|---|
| Gia Lai | 145,000 | 0 |
| Ba Ria - Vung Tau | 146,000 | 0 |
| Dak Lak | 147,000 | 0 |
| Binh Phuoc | 145,000 | 0 |
| Dak Nong | 147,200 | 0 |
In the Central Highlands region, pepper prices today in Dak Lak are stable compared to yesterday, reaching 147,000 VND/kg.
Pepper price today in Gia Lai is stable compared to yesterday, currently at 145,000 VND/kg.
Pepper price today in Dak Nong is stable compared to yesterday at 147,200 VND/kg.
In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 146,000 VND/kg. Dong Nai is stable compared to yesterday at 146,000/kg.
In addition, pepper price today in Binh Phuoc is stable compared to yesterday, currently at 145,000 VND/kg.
Note: The above prices are for reference only, the actual price will vary depending on the locality, shipping method, payment method, transaction volume, etc. Readers please contact the nearest pepper businesses and agents for specific advice.
World pepper price today
Update on world pepper prices from the International Pepper Community (IPC), at the end of the most recent trading session, IPC listed the price of Indonesian Lampung black pepper at 6,835 USD/ton (down 0.09%), and the price of Muntok white pepper at 9,133 USD/ton (down 0.09%).
The price of Brazilian ASTA 570 black pepper is at 6,275 USD/ton. The price of Malaysian ASTA black pepper is at 8,200 USD/ton; the price of this country's ASTA white pepper is at 10,400 USD/ton.
Vietnamese black pepper prices today decreased slightly, trading at 6,300 USD/ton for 500 g/l (up 1.59%); 550 g/l at 6,600 USD/ton (up 1.52%); white pepper prices at 9,400 USD/ton (up 1.06%).
According to the Ministry of Industry and Trade, 2025 is forecast to be a favorable year for export activities. Factors such as cooling global inflation and recovering international market demand thanks to a wave of interest rate cuts from central banks will create conditions to promote export growth.
In addition, the economic recovery of major markets such as the US and EU plays an important role as a driving force. Industries such as electronics, consumer goods and textiles are expected to benefit the most from this recovery. Domestically, recent macroeconomic indicators such as GDP growth, industrial production index, and export orders all reflect a positive picture. The business community is taking full advantage of new-generation Free Trade Agreements (FTAs) to boost exports.
