Pepper prices today, October 16, 2025: Vietnamese pepper exports decrease by $200/ton.

Domestic pepper prices remain stable.

Today, October 16, 2025, pepper prices in some key growing regions have temporarily halted their decline compared to yesterday, bringing the average domestic pepper price to between 144,500 and 147,000 VND/kg.

In the Central Highlands region, today's pepper price in Dak Lak province remains unchanged at 147,000 VND/kg.

Today's pepper price in Gia Lai province remains unchanged at 144,500 VND/kg.

Today's pepper prices in Lam Dong province remain unchanged at 147,000 VND/kg.

In the Southeast region, today's pepper prices in Ho Chi Minh City remain unchanged at 146,000 VND/kg.

Today's pepper prices in Dong Nai province remain unchanged, currently at 145,000 VND/kg.

After nine months of 2025, Vietnamese pepper exports reached nearly $1.3 billion, becoming one of the country's billion-dollar agricultural products. However, pepper cultivation is facing major challenges regarding plant varieties. Diseases and climate change are making it increasingly difficult to maintain productivity and quality, while research and breeding efforts have not kept pace with development needs.

Global pepper prices are projected to remain high due to reduced supply and recovering demand, benefiting Vietnam in terms of export value. However, the shortage of high-quality seeds remains the biggest bottleneck, affecting the sustainable development of the entire industry.

According to Mr. Nguyen Quang Ngoc, Director of the Pepper Research and Development Center, pepper is a perennial industrial crop, so the process of selecting and creating new varieties takes 15 to 20 years. This work requires many stages of testing, evaluating yield and checking stability; if it fails, it must start over from scratch, which is very costly.

Currently, the Center has bred several promising varieties, including both domestic and imported ones, but they are still in the testing phase. One new variety has been submitted to the Department of Crop Production and Plant Protection for registration and protection, and is expected to be recognized in 2026, raising hopes of helping the pepper industry become more self-reliant in terms of varieties and enhancing its export position.

World pepper prices and influencing factors

On the world market, based on quotations from exporting companies and export prices in various countries, the International Pepper Association (IPC) updates the latest pepper prices as of October 16, 2025 as follows:

Indonesian Lampung black pepper prices remained unchanged at US$7,234 per ton. Similarly, Muntok white pepper prices remained unchanged at US$10,093 per ton.

The price of Brazilian ASTA 570 black pepper remained unchanged at $6,100 per ton.

Malaysian ASTA black pepper prices remain unchanged at US$9,500 per ton. Similarly, ASTA white pepper prices also remain unchanged at US$12,500 per ton.

Prices of various types of Vietnamese pepper have fallen sharply. Specifically, the price of Vietnamese black pepper (500 gr/l) decreased by US$200/ton (3.13%) to US$6,400/ton; and the price of 550 gr/l decreased by US$200/ton (3.03%) to US$6,600/ton.

Similarly, the price of Vietnamese white pepper decreased by $200/ton (down 2.21%), reaching $9,050/ton.

Analysts believe that the recent drop in pepper prices is mainly due to profit-taking after a sharp increase from August until now. When prices peaked, many dealers and traders sold off to recover capital, increasing short-term supply and putting pressure on domestic prices, causing a slight decrease.

According to the Vietnam Pepper and Spice Association (VPSA), import demand from China, India, and Europe remains stable, but the pace of purchases has slowed as importers wait for lower prices. Domestically, inventory levels are not high, but purchasing power is weak due to a wait-and-see attitude, causing the market to temporarily stagnate.

Data from Chinese Customs shows that in the first eight months of 2025, China imported 6,390 tons of pepper worth $43.4 million, a decrease of 14.6% in volume but an increase of nearly 20% in value. Vietnam surpassed Indonesia to become the largest supplier with 2,572 tons, accounting for 40.2% of the market share. The average export price of Vietnamese pepper reached $7,212 per ton, higher than Indonesia and Brazil, affirming the reputation and quality of the product.

Experts predict that in the fourth quarter of 2025, the outlook for Vietnam's pepper exports will remain positive thanks to increased demand from China, the US, and Europe. However, the industry needs to invest heavily in improved varieties and production processes to maintain its competitive advantage in an increasingly fierce global market.