Market

Pepper price today June 18, 2025: Down to lowest in 1 year

Quoc DuongJune 18, 2025 04:30

Today's domestic pepper price on June 18 is at 133,000 - 134,000 VND/kg. Domestic pepper prices continue to drop sharply from 1,500 to 2,000 VND/kg compared to yesterday. Pepper prices have dropped to their lowest level in 1 year since June 2024.

Domestic pepper prices

Pepper prices today in key growing areas continued to decrease sharply compared to yesterday. Accordingly, the domestic pepper price level is from 133,000 VND/kg to 134,000 VND/kg.

In the Central Highlands region, pepper price today in Dak Lak decreased sharply by 2,000 VND/kg compared to yesterday, currently at 134,000 VND/kg.

Pepper price today in Gia Lai decreased by 1,500 VND/kg compared to yesterday, currently at 133,000 VND/kg.

Pepper price today in Dak Nong decreased by 2,000 VND/kg compared to yesterday, currently at 134,000 VND/kg.

In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 133,000 VND/kg, down 2,000 VND/kg compared to yesterday. Dong Nai decreased 2,000 VND/kg compared to yesterday at 133,000 VND/kg.

In addition, pepper price today in Binh Phuoc decreased by 2,000 VND/kg compared to yesterday, currently at 133,000 VND/kg.

Giá tiêu hôm nay 18/6/2025: Giảm xuống thấp nhất trong 1 năm

The pepper market is facing many pressures that will cause prices to fall in the short term, mainly due to global trade instability, conflicts in the Middle East and a 125% increase in transportation costs. Importers are becoming cautious and limiting the signing of new contracts due to unclear tariff policies.

However, demand from the US and Europe is showing signs of recovery, especially for orders in the fourth quarter of 2025 and early 2026. Experts predict that pepper prices may stabilize or decrease slightly in the short term, but recovery may begin in late Q3 2025 if demand increases again and supply continues to tighten.

On the supply side, Indonesia expects pepper output to fall by 20-30% this year due to climate change, while Brazil is forecast to increase by 20%. In Vietnam, in the first five months of 2025, pepper exports reached nearly 100,000 tons, earning more than $690 million.

Although export volume decreased by 12.5%, the value increased sharply by 40.5% compared to the same period last year, showing that the average export price has improved significantly.

Pepper price today June 18 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) updated the prices of all types of pepper traded in the international market on June 17 (local time) as follows:

Indonesia's Lampung black pepper price increased slightly compared to yesterday at 7,506 USD/ton (up 0.09%). In addition, Muntok white pepper price also increased slightly compared to yesterday at 10,139 USD/ton (up 0.09%).

Brazilian black pepper ASTA 570 price decreased sharply compared to yesterday at 6,050 USD/ton (down 2.07%).

Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,100 per tonne. Meanwhile, the country’s ASTA white pepper price remained unchanged from yesterday at $11,850 per tonne.

Prices of all types of Vietnamese pepper have decreased sharply compared to yesterday. In particular, the price of Vietnamese black pepper 500 gr/l reached 6,000 USD/ton (down 5%); 550 gr/l reached 6,100 USD/ton (down 4.92%).

Similarly, Vietnam's white pepper price dropped sharply compared to yesterday, reaching 9,000 USD/ton (down 3.33%).

Featured Nghe An Newspaper

Latest

x
Pepper price today June 18, 2025: Down to lowest in 1 year
POWERED BYONECMS- A PRODUCT OFNEKO