Pepper prices today, July 8, 2025: Slightly increasing again.

Domestic pepper prices

Today's pepper prices in key growing regions have slightly increased compared to yesterday. As a result, the average domestic pepper price is between 140,000 VND/kg and 142,000 VND/kg.

In the Central Highlands region, today's pepper price in Dak Lak remains unchanged compared to yesterday, currently at 144,000 VND/kg.

Today's pepper price in Gia Lai increased slightly by 1000 VND/kg compared to yesterday, currently standing at 140,000 VND/kg.

Today's pepper price in Dak Nong increased by 1000 VND/kg compared to yesterday, currently standing at 141,000 VND/kg.

In the Southeast region, today's pepper price in Ba Ria - Vung Tau is 142,000 VND/kg, an increase of 2,000 VND/kg compared to yesterday. Dong Nai also increased by 2,000 VND/kg compared to yesterday, reaching 142,000 VND/kg.

Additionally, today's pepper price in Binh Phuoc increased by 1000 VND/kg compared to yesterday, currently standing at 141,000 VND/kg.

According to the Import-Export Department (Ministry of Industry and Trade), domestic pepper prices are currently low because people and speculators continue to hold onto their stock in the expectation that prices will recover more strongly in the third and fourth quarters.

The hoarding mentality has led to a decrease in short-term supply to the market, creating temporary shortages domestically.

Today's pepper prices (July 8th) in the world market.

On the world market, based on quotations from exporting companies and export prices in various countries, the International Pepper Association (IPC) has updated the prices of various types of pepper traded on the international market on July 7th (local time) as follows:

Indonesian Lampung black pepper prices fell sharply compared to yesterday, reaching US$7,385/ton (down 2.11%). Meanwhile, Muntok white pepper prices increased slightly compared to yesterday, reaching US$10,167/ton (down 0.2%).

Brazilian ASTA black pepper prices rose slightly compared to yesterday, reaching $6,250 per ton (up 3.2%).

Malaysian ASTA black pepper prices fell slightly compared to yesterday, currently at US$8,900/tonne (down 1.11%). Meanwhile, the price of ASTA white pepper remained unchanged from yesterday at US$11,750/tonne.

Prices of various types of Vietnamese pepper have increased sharply compared to yesterday. Specifically, the price of Vietnamese black pepper (500 gr/l) reached US$6,440/ton (up 3.11%); and the price of 550 gr/l reached US$6,570/ton (up 3.04%).

Similarly, the price of Vietnamese white pepper increased sharply compared to yesterday, reaching US$9,150/ton (up 2.19%).

On the global market, pepper prices remain under significant pressure from the strong US dollar, geopolitical tensions, and rising transportation costs.

In the long term, supply from Indonesia and Brazil will be key factors influencing price trends. Indonesia is expected to begin harvesting in July, while Brazil will be in its harvest season in the middle of this year. If supply from these two countries increases significantly, world pepper prices could continue to face pressure.

First half of 2025: Export prices of pepper will increase sharply in value despite a decrease in production volume.

According to the Vietnam Pepper and Spice Association (VPSA), as of the end of June 2025, Vietnam had exported a total of 124,133 tons of pepper, including 105,939 tons of black pepper and 18,194 tons of white pepper. The total export value reached US$850.5 million, of which black pepper accounted for US$704.1 million and white pepper for US$146.4 million.

Compared to the same period last year, export volume decreased by 12.9%, but value increased by 34.1% thanks to the average export price in the first six months reaching US$6,852/ton, a 54% increase. However, exports to the Americas, Europe, and Africa all declined sharply by 16% to nearly 27%, while exports to Asia increased slightly by 3%.

The US continues to be the largest market for Vietnamese pepper, accounting for 23.6% of total exports, equivalent to 27,463 tons, but down 26.6% compared to the same period last year. China ranks second with 9,293 tons, up 24.7%. Other major markets include India (8,804 tons, up 7.7%), UAE (8,747 tons, up 4.3%), and Germany (7,239 tons, down 24%).

Regarding exporting companies, Olam Vietnam led with 12,388 tons, accounting for 10% of the market share but decreasing by 6.7%. Nedspice Vietnam achieved 10,604 tons, an increase of 2.5%; Phuc Sinh reached 10,232 tons, an increase of 8.2%. Meanwhile, Tran Chau and Haprosimex JSC exported 6,624 tons and 6,460 tons respectively, experiencing sharp decreases of 26.9% and 35.7%.

Conversely, Vietnam imported 28,296 tons of pepper in the first six months of the year, with a total value of $174.1 million. Of this, black pepper accounted for 23,537 tons and white pepper 4,759 tons. Compared to the same period last year, the import volume increased by 57.2%, while the import value increased sharply by 150.1%.

The three main pepper-supplying countries for Vietnam are Brazil (14,904 tons), Cambodia (6,257 tons), and Indonesia (5,574 tons). Imports from Brazil surged by 105.8%, from Cambodia by a slight 0.7%, and from Indonesia by 86.4%.

On the importing side, Olam Vietnam continues to lead with 6,433 tons, followed by Tran Chau with 2,524 tons and Nedspice Vietnam with 1,809 tons.