Pepper price today February 25, 2025: Slight decrease of 1,000 VND/kg
Today's domestic pepper price on February 25, 2025 is at 159,000 - 161,000 VND/kg. Today's pepper price decreased slightly by 1,000 VND/kg compared to yesterday. Pepper exports to the Chinese market doubled compared to the same period in 2024.
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 161,000 VND/kg.
Specifically, in Dak Nong province, pepper price is at 161,000 VND/kg. A slight decrease of 1,000 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 159,000 VND/kg. Down 1,000 VND/kg 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 a report from Ptexim, this year’s pepper harvest season has officially begun in some areas such as Dak Nong, Binh Phuoc… However, the harvest progress is still slow. The harvest season in 2025 is forecast to last longer, with the main harvest expected to take place in late March or early April.
Despite high prices, experts recommend that farmers should not expand acreage indiscriminately but should focus on quality, sustainable farming and cooperate with businesses to stabilize output.
The Vietnam Pepper and Spices Association (VPSA) assesses the global pepper market in 2025 to be positive due to a decrease in supply due to harsh weather. Exports to China may increase when Vietnam enters the main harvest season, although the amount of pepper exported to this country in 2024 will be limited.
Meanwhile, the US and Germany remain the two largest import markets, with output of 2,829 tons and 1,326 tons, respectively.
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 25 (local time) as follows:
Indonesia’s Lampung black pepper price increased slightly from yesterday at USD 7,356/ton (up 0.94%). On the contrary, Muntok white pepper price decreased slightly from yesterday at USD 10,125/ton (down 0.02%).
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at USD 6,800/mt.
Malaysia’s ASTA black pepper price is stable compared to yesterday at USD 9,500/ton. In addition, the country’s ASTA white pepper price is also stable compared to yesterday at USD 12,000/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.
According to data released by the General Department of Customs, Vietnam's pepper exports in January reached 12,958 tons, worth more than 87.5 million USD, down 12.1% in volume and 10.1% in value compared to December 2024, and down 25.9% in volume but up 25.1% in value compared to the same period last year due to high prices.
Notably, according to data from the Vietnam Pepper and Spices Association (VPSA), pepper exports to the Chinese market doubled compared to the same period in 2024, reaching 947 tons.
China's market share in Vietnam's total pepper export volume also increased to 7.3% from 2.7% in January 2024. However, the amount of pepper exported to this market is still 45% lower than the same period in 2023.
Export volume to markets fluctuated inconsistently, but in general, the value of turnover still increased compared to the same period last year.
The reason is because the export price of pepper has increased sharply, for example, the export price of pepper to the US market reached an average of 7,680 USD/ton, an increase of 85.3%; the German market reached an average of 7,065 USD/ton, an increase of 54.8%; India reached 7,158 USD/ton, an increase of 75.6%..., especially the average export price of pepper to Pakistan doubled, to 6,780 USD/ton.
