Pepper price today December 23, 2024: Domestic pepper price decreased, export pepper price increased
Pepper price today, December 23, 2024, in the domestic market is at 144,500 - 145,500 VND/kg. Domestic pepper price has decreased by a total of 500 - 1,000 VND/kg compared to last week. In contrast, pepper export price increased by 100 - 200 USD/ton.
Domestic pepper price on December 23, 2024
In the Central Highlands region, pepper prices today in Dak Lak decreased by 1,000 VND/kg compared to last weekend, reaching 145,000 VND/kg.
Pepper price today in Gia Lai decreased by 500 VND/kg compared to last weekend, currently at 144,500 VND/kg.
Pepper price today in Dak Nong decreased by 900 VND/kg compared to last weekend at 145,300 VND/kg.
In the Southeast region, pepper prices in Ba Ria - Vung Tau today decreased by 500 VND/kg compared to last weekend, currently at 145,500 VND/kg. Pepper prices in Dong Nai decreased by 1,000 VND/kg compared to last weekend at 145,000 VND/kg.
In addition, pepper price today in Binh Phuoc decreased by 1,000 VND/kg compared to last weekend, currently at 145,000 VND/kg.
| Province/district (survey area) | Purchase price(Unit: VND/kg) | Change compared to last week (Unit: VND/kg) |
| Dak Lak | 145,000 | -1,000 |
| Gia Lai | 144,500 | -500 |
| Dak Nong | 145,300 | -900 |
| Ba Ria - Vung Tau | 145,500 | -500 |
| Binh Phuoc | 145,000 | -1,000 |
| Dong Nai | 145,000 | -1,000 |
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.
Although it decreased last week, pepper prices are unlikely to decrease further because supply is very limited.
Pepper export volume fell for the fourth consecutive month compared to the same period last year, a sign that supplies are running low, while the 2025 harvest is expected to start later than usual.
The average export price of Vietnamese pepper in November reached 6,713 USD/ton, up 2.5% compared to the previous month and 74% compared to the same period last year. This is also the highest price recorded since February 2017.
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 6,739 USD/ton (down 0.7% last week), and the price of Muntok white pepper at 8,911 USD/ton (down 1.7% last week).
Brazilian ASTA 570 black pepper price was at USD 6,275/ton (down 0.4% over the past week). Malaysian ASTA black pepper price was at USD 8,400/ton (up 2.4% over the past week); the country's ASTA white pepper price was at USD 10,600/ton (up 1.9% over the past week).
Vietnamese black pepper prices today remain high, trading at 6,400 USD/ton (up 1.6% over the past week) for 500 g/l; 550 g/l at 6,700 USD/ton (up 1.5% over the past week); white pepper prices at 9,600 USD/ton (up 2.1% over the past week).
Geopolitical instability in some regions affects export trade, leading to price fluctuations, causing difficulties for businesses in export activities.
Increased exports in the US and Europe but decreased in China and the Middle East have affected domestic market prices, which have fluctuated sharply at times.
Regulations on pesticide residues and environmental standards in major markets have put pressure on the industry to adjust farming methods and production processes.
