Pepper price today January 25, 2025: Pepper price forecast in 2025 will remain high
Today's domestic pepper price, January 25, is at 147,000 - 148,000 VND/kg. No change on the first day of the Lunar New Year holiday. Pepper prices are forecast to remain high in 2025.
Domestic pepper price today
The highest pepper purchase price in key pepper growing areas (Dak Lak, Lam Dong, Gia Lai, Dak Nong, Ba Ria - Vung Tau, Binh Phuoc) was recorded at 148,000 VND/kg.
Specifically, in Dak Nong province, pepper price is at 148,000 VND/kg. Unchanged compared to yesterday.
In Gia Lai, pepper price is 147,500 VND/kg. Unchanged compared to yesterday.
In Dak Lak, pepper price is 148,000 VND/kg. Unchanged compared to yesterday.
In Binh Phuoc and Dong Nai, pepper price today is at 147,000 VND/kg. Unchanged compared to yesterday.
In Ba Ria - Vung Tau, pepper price today is at 147,000 VND/kg. Unchanged compared to yesterday.
Thus, today's pepper price in the domestic market is currently at its lowest price of 147,000 VND/kg.
Pepper prices are forecast to remain high in 2025 thanks to stable consumption demand and limited supply. However, the market also faces challenges from speculators and a large dependence on key markets such as the US and China.
Vietnam continues to maintain its position as the world's largest pepper producer and exporter, accounting for 40% of global output and exporting to 110 countries and territories. The US is the largest market with an export volume of 72,311 tons in 2024, accounting for 28.9% of total exports and an increase of 33.2% over the previous year.
Currently, Vietnam's pepper processing technology is not inferior to any competitor in the world. Pepper products of Vietnamese enterprises have reached the standards of the market, including demanding and specific markets such as the EU, UAE...
World pepper price today
In the world market, based on quotes from export enterprises and export prices in various countries, the International Pepper Association (IPC) has updated the prices of pepper of all types traded in the international market on January 25 (local time) as follows:
Indonesia's Lampung black pepper price remained unchanged from yesterday at $7,157/ton. In addition, Muntok white pepper price also increased sharply from yesterday at $9,456/ton.
Brazilian black pepper ASTA 570 price increased slightly compared to yesterday at 6,150 USD/ton (up 0.81%).
Malaysia's ASTA black pepper price is stable compared to yesterday at 9,000 USD/ton. In addition, the country's ASTA white pepper price is also stable compared to yesterday at 11,600 USD/ton.
Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of Vietnamese black pepper 500 gr/l reached 6,350 USD/ton; 550 gr/l reached 6,650 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,550/ton.
According to VTV, commenting on the pepper export market in 2025, Mr. Tran Thanh Hai - Deputy Director of the Import-Export Department, said that global pepper output will continue to decrease this year.
Information from trade shows that Indonesia and India, two "heavyweight" markets of our country, are forecast to reduce production due to facing many difficulties in weather conditions. Meanwhile, consumption demand is increasing, especially in large markets such as the US and Europe... This is a favorable condition for exporting Vietnamese pepper.
However, according to industry experts, the market will still have many uncertain factors and unpredictable changes, so import-export enterprises need to closely monitor developments and purchasing movements from partners to have appropriate purchasing and storage plans to avoid risks.
