Pepper price today August 4: Pepper price slightly increased
Pepper price today, August 4, is around 146,000 - 148,000 VND/kg. Slight increase from 500 to 1,000 VND in key areas compared to yesterday.
Pepper price update on August 4, pepper price increased slightly, ranging from 146,000 to 148,000 VND/kg.
Pepper price information was updated at 4:00 a.m. on August 4, 2024, the average domestic pepper price was at 147,400 VND/kg, in Dong Nai and Vung Tau it reached the highest level of 148,000 VND/kg.
Dak Lak recorded a price of 147,500 VND/kg, an increase of 500 VND compared to yesterday.
Dak Nong and Binh Phuoc both witnessed an increase of VND1,000, reaching VND147,000/kg.
Gia Lai kept the price stable at 146,000 VND/kg, unchanged from the previous day.
Dong Nai and Ba Ria - Vung Tau both increased by 1,000 VND, to 148,000 VND/kg.
| Province/district (survey area) | Purchase price (Unit: VND/kg) | Change from yesterday (Unit: VND/kg) |
| Dak Lak | 147,500 | +500 |
| Gia Lai | 146,000 | - |
| Dak Nong | 147,000 | +1,000 |
| Ba Ria - Vung Tau | 148,000 | +1,000 |
| Binh Phuoc | 147,000 | +1,000 |
| Dong Nai | 148,000 | +1,000 |
The latest update from the International Pepper Community (IPC) shows that pepper prices in the international market on August 4 were stable from leading exporters.
Indonesia recorded Lampung black pepper price at USD 7,176/ton and Muntok white pepper at USD 8,793/ton. Brazil maintained ASTA 570 black pepper price stable at USD 6,750/ton. Malaysia quoted ASTA black pepper price at USD 8,500/ton and ASTA white pepper price at USD 10,400/ton, unchanged from the previous.
Vietnam maintained the price of 500 gr/l black pepper at $6,000/tonne and 550 gr/l at $6,600/tonne, along with the price of white pepper stable at $8,800/tonne.
Pepper production forecast for the upcoming crop is expected to remain unchanged from 2024.
VPSA conducted a survey in three provinces of the Central Highlands and noted increasing competition from coffee and durian trees for pepper cultivation.
The area for growing new pepper has not been significantly expanded, and is often intercropped with coffee trees at a ratio of 6:2.
A 100-day drought after the 2024 harvest has severely affected pepper gardens in the Central Highlands.
Soon after, unusually heavy rains in the third week of May flooded pepper gardens in Binh Phuoc and Dak Nong.
Wet weather conditions have created favorable conditions for pests to thrive, causing problems such as yellowing leaves, slow death, and other pests and diseases.
Due to tree health problems, the rate of young fruit drop in pepper gardens is high, leading to the risk of reduced yield.
