Pepper price today March 9, 2025: Slight decrease in Dak Lak
Today's domestic pepper price, March 9, is at 159,000 - 162,000 VND/kg. Pepper price decreased slightly by 500 VND/kg in Dak Lak compared to yesterday.
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 162,000 VND/kg.
Specifically, in Dak Nong province, pepper price is at 162,000 VND/kg. Unchanged compared to yesterday.
In Gia Lai, pepper price is 159,000 VND/kg. Unchanged compared to yesterday.
In Dak Lak, pepper price is 161,500 VND/kg. Slightly decreased by 500 VND/kg compared to yesterday.
In Binh Phuoc and Dong Nai, pepper price today is at 159,000 VND/kg. Unchanged compared to yesterday.
In Ba Ria - Vung Tau, pepper price today is at 159,000 VND/kg. No change compared to yesterday.
Thus, today's pepper price in the domestic market is currently at its lowest price of 159,000 VND/kg.
By the end of 2024, Vietnam's pepper acreage will reach 110,500 hectares, with an average yield of 26 quintals/hectare, twice the world average. Total output will reach about 200,000 tons.
Vietnam continues to maintain its leading position in the world pepper industry, accounting for 35% of total global output and nearly 55% of total export turnover.
At the Vietnam Pepper and Spices 2025 International Conference, experts said that erratic weather is affecting crops in many major pepper producing countries such as Brazil, India and China.
Therefore, global pepper production in 2025 is forecast to continue to decrease to 434,000 tons. Meanwhile, inventories also tend to decrease to new lows. In this situation, pepper prices this year may continue to increase.
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 March 9 (local time) as follows:
Indonesia’s Lampung black pepper price remained unchanged from yesterday at $7,376 per tonne. Similarly, Muntok white pepper price decreased slightly from yesterday at $10,242 per tonne.
Brazilian black pepper ASTA 570 price remained unchanged from yesterday at USD 6,850/mt.
Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,800/ton. Meanwhile, the country’s ASTA white pepper price also remained unchanged from yesterday at $12,300/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 7,000 USD/ton; 550 gr/l reached 7,200 USD/ton.
Similarly, Vietnam's white pepper price remained unchanged from yesterday at 10,000 USD/ton.
In February 2025, Vietnam imported 2,929 tons of pepper, including 1,716 tons of black pepper and 1,213 tons of white pepper. The total import turnover reached 15.9 million USD, up 61.2% over the previous month.
From the beginning of the year to February 28, 2025, the total amount of imported pepper reached 4,746 tons, including 2,469 tons of black pepper and 2,277 tons of white pepper. Import turnover reached 26.8 million USD, up 11.4% in volume and 74.1% in value over the same period in 2024.
Indonesia continued to be the largest pepper supplier to Vietnam in the first two months of 2025. The amount of pepper imported from Indonesia reached 2,730 tons, a sharp increase of 5.9 times (equivalent to 493.5%) over the same period last year, accounting for 57.5% of the total supply.
In contrast, imports from Brazil and Cambodia fell sharply. Specifically, imports from Brazil fell 55.2% to 1,302 tons, while imports from Cambodia fell 46% to 221 tons.
