Pepper prices today, February 17, 2025: Rising for the second consecutive week.
Today, February 17th, domestic pepper prices are at 157,000 - 160,000 VND/kg. Domestic pepper prices continue to increase by 1,000 to 2,000 VND/kg compared to last week. Vietnam's pepper exports in 2025 are expected to have many favorable conditions.
Domestic pepper prices today
The highest pepper purchase price recorded in key pepper-growing regions (Dak Lak, Lam Dong, Gia Lai, Dak Nong, Ba Ria - Vung Tau, Binh Phuoc) was 160,000 VND/kg.
Specifically, in Dak Nong province, the price of pepper is 160,000 VND/kg. This remains unchanged from yesterday.
In Gia Lai, the price of pepper is 157,000 VND/kg. This remains unchanged from yesterday.
In Dak Lak, the price of pepper is 160,000 VND/kg. This remains unchanged from yesterday.
In Binh Phuoc and Dong Nai provinces, the price of pepper today is 157,000 VND/kg, unchanged from yesterday.
In Ba Ria - Vung Tau, the price of pepper today is 158,000 VND/kg. This is unchanged from yesterday.
Thus, the lowest price for pepper in the domestic market today is 157,000 VND/kg.
Domestic pepper prices fluctuated sharply last week, soaring to 6,000 VND/kg in the middle of the week, but then falling back to 160,000 VND/kg by the end of the week.
Nevertheless, by the end of last week, pepper prices had increased by 1,000 to 2,000 VND/kg compared to the previous week, marking the second consecutive week of price increases after the Lunar New Year of the Year of the Snake.
Specifically, pepper prices in Dak Lak province increased the most, by 2,000 VND/kg, while other localities saw increases of 1,000 VND/kg. Pepper prices in Binh Phuoc remained unchanged compared to the previous week.
According to experts, domestic pepper prices have risen sharply due to increased demand and limited supply and inventory. Meanwhile, the harvest season has been delayed by about a month due to changing weather patterns.
Vietnam's pepper exports in 2025 will have many advantages, with prices expected to remain high as production declines in some areas.
Today's world pepper prices
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 February 17th (local time) as follows:
Indonesian Lampung black pepper prices remained unchanged from yesterday at US$7,251/ton. Similarly, Muntok white pepper prices also remained unchanged from yesterday at US$10,068/ton.
The price of Brazilian ASTA 570 black pepper remained unchanged from yesterday at $6,700 per ton.
Malaysian ASTA black pepper prices remained stable compared to yesterday, currently at US$9,000/ton. Additionally, the price of ASTA white pepper from the same country also remained unchanged compared to yesterday, at US$11,600/ton.
Prices for all types of Vietnamese pepper remained stable compared to yesterday. Specifically, the price of Vietnamese black pepper (500 gr/l) reached US$6,500/ton; and the price of black pepper (550 gr/l) reached US$6,650/ton.
Similarly, the price of Vietnamese white pepper remained unchanged compared to yesterday at $9,550 per ton.
At the end of last week, the International Pepper Association (IPC) listed the price of Indonesian Lampung black pepper as slightly higher by 0.2% compared to the previous week. Notably, the price of Brazilian ASTA 570 black pepper increased sharply by 4.6% (US$300/ton) last week.
The International Pepper Community (IPC) forecasts that global pepper production will continue to decline in 2025, particularly in Vietnam and Brazil – the world's two largest pepper exporters. The community estimates that world pepper production will decrease by approximately 4%, equivalent to 22,000 tons. The IPC assesses that this decline in production could drive up pepper prices on the world market this year.
