Pepper price today February 22, 2025: Domestic price slightly decreased, Indonesian pepper price slightly increased
Today's domestic pepper price on February 22, 2025 is at 159,000 - 162,000 VND/kg. Today's pepper price slightly decreased from 1,000 to 1,500 VND/kg compared to yesterday.
Domestic pepper prices today
The highest pepper purchase price in key pepper growing regions (Dak Lak, Lam Dong, Gia Lai, Dak Nong, Ba Ria - Vung Tau, Binh Phuoc) was recorded at 162,000 VND/kg.
Specifically, in Dak Nong province, pepper price is at 162,000 VND/kg. A sharp decrease of 1,500 VND/kg compared to yesterday.
In Gia Lai, pepper price is 159,000 VND/kg. Decreased 1,000 VND/kg compared to yesterday.
In Dak Lak, pepper price is 161,000 VND/kg. Decreased 1,000 VND/kg compared to yesterday.
In Binh Phuoc and Dong Nai, pepper price today is at 159,000 VND/kg. Down 1,000 VND/kg compared to yesterday.
In Ba Ria - Vung Tau, pepper price today is at 160,000 VND/kg. No change compared to yesterday.
Thus, today's pepper price in the domestic market is currently at its lowest price of 159,000 VND/kg.
According to information from the Vietnam Pepper and Spices Association (VPSA), in the first 18 days of February 2025, Vietnam successfully exported 7,535 tons of pepper, with a total turnover of 51.5 million USD.
In the first month of this year, the US and Germany took the lead in Vietnam's pepper consumption, with imported pepper reaching 2,829 tons and 1,326 tons, respectively. However, the Chinese market has not shown signs of strong recovery, causing pepper exports to this market to not have a significant improvement.
However, VPSA also believes that the global pepper market outlook in 2025 will continue to be positive. Pepper output is forecast to decrease in the context of extreme weather affecting productivity in many countries.
World pepper prices today
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 February 22 (local time) as follows:
Indonesia’s Lampung black pepper prices increased slightly from yesterday at $7,287 per ton (up 0.27%). Similarly, Muntok white pepper prices also increased slightly from yesterday at $10,127 per ton (up 0.27%).
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at USD 6,700/mt.
Malaysia’s ASTA black pepper price is stable compared to yesterday at USD 9,000/ton. In addition, the country’s ASTA white pepper price is also stable compared to yesterday at USD 11,600/ton.
Prices of all types of Vietnamese pepper remained stable compared to yesterday. Of which, the price of Vietnamese black pepper 500 gr/l reached 6,500 USD/ton; 550 gr/l reached 6,650 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at 9,550 USD/ton.
The fact that pepper growers are not selling in large quantities is helping to prevent supply from being congested, thereby keeping prices stable at a high level. In addition, China – the largest consumer market of Vietnamese pepper – is showing signs of increasing purchases, which could support pepper prices to continue to rise.
