Pepper prices today, November 24, 2025: Supply bottlenecks.
Today, November 24, 2025, pepper prices increased slightly by 2500 VND/kg compared to last week. Supply is tightening in many major growing regions, leading to a decrease in circulating volume.
Domestic pepper prices today, November 24, 2025
Specifically, the price of pepper in Dak Lak is being purchased at 148,000 VND/kg, unchanged from yesterday. The price of pepper in Chu Se (Gia Lai) is being purchased at 147,000 VND/kg, unchanged from yesterday. The price of pepper in Dak Nong today is recorded at 148,000 VND/kg, unchanged from yesterday.
In the Southeast region, the price of pepper in Ba Ria - Vung Tau is currently at 146,500 VND/kg, unchanged from yesterday; in Binh Phuoc, the price of pepper today is also at 146,500 VND/kg, unchanged from yesterday.
| Province (survey area) | Purchase price (Unit: VND/kg) | Change compared to yesterday (Unit: VND/kg) |
| Dak Lak | 148,000 | But |
| Gia Lai | 147,000 | But |
| Boeing Nong | 148,000 | But |
| Ba Ria - Vung Tau | 146,500 | But |
| Binh Phuoc | 146,500 | But |
| Dong Nai | 146,500 | But |
Overall, domestic pepper prices increased by a total of 2,500 VND/kg compared to the previous week. The main reason is the increased demand from processing businesses to fulfill year-end orders. Supply in many major growing regions is being tightened, reducing the amount of goods in circulation and driving up pepper prices at the present time.
Key pepper-growing regions are continuously affected by prolonged heavy rains and floods, causing waterlogging and directly impacting pepper plant growth. The risk of root rot, leaf drop, and fungal diseases can reduce yields in the new season, leading to market concerns that pepper prices may continue to rise if supply significantly decreases.
Vietnam remains the world's leading producer and exporter of pepper. In the first 10 months of the year, pepper exports reached $1.4 billion, a 26% increase, while export prices rose by 34% compared to the same period last year. However, exports to the US only increased by 4.3% due to a sharp decrease in volume caused by retaliatory tariffs, which led to excessively high pepper prices. The removal of tariffs by the US has given businesses hope that their largest market will soon recover.
The general recommendation for farmers is to sell their produce in batches to avoid risks when pepper prices rise again, and to work with reputable dealers to reduce risks related to price and quality. For businesses, promoting deep processing, taking advantage of US tax incentives, and expanding export markets are crucial directions.
Today's world pepper prices
According to the International Pepper Association (IPC), at the close of the most recent trading session, the IPC listed Indonesian Lampung black pepper at US$7,104/ton and Muntok white pepper at US$9,673/ton.
Brazilian ASTA 570 black pepper is priced at US$6,175/ton. Malaysian ASTA black pepper remains stable at US$9,200/ton; Malaysian ASTA white pepper is priced at US$12,300/ton.
Vietnamese black pepper prices remained stable at high levels today, trading at US$6,400/ton for the 500 g/l variety; US$6,600/ton for the 550 g/l variety; and white pepper at US$9,050/ton.
In summary, over the past week, Indonesian black pepper prices decreased slightly by $4/ton compared to the previous week. Meanwhile, pepper prices in other leading producing countries remained generally stable. At the same time of the survey, Indonesian Muntok white pepper prices decreased by $72/ton over the past week, while prices in Malaysia and Vietnam remained unchanged.
On November 21, 2025, five major associations in the agricultural and export sectors – the Vietnam Food Association, the Vietnam Pepper and Spice Association, the Vietnam Seafood Processing and Export Association, the Vietnam Coffee and Cocoa Association, and the Vietnam Wood and Forest Products Association – submitted a petition to the National Assembly leadership. The petition focused on proposing amendments to several points in the 2024 Value Added Tax Law, as the new regulations are directly impacting the business operations of enterprises related to the prices of pepper, coffee, seafood, and many other agricultural and forestry products.
The Value Added Tax Law No. 48/2024/QH15 officially came into effect on July 1, 2025, with the goal of improving procedures and creating a more favorable legal framework. However, the implementation process has revealed that some regulations are not in line with reality, especially for unprocessed agricultural products. Businesses report that the new tax policy increases capital costs, affects cash flow, and puts significant pressure on the procurement and storage of goods such as pepper, cashew nuts, wood, and seafood.
Associations assess that VAT barriers are reducing the competitiveness of Vietnamese agricultural businesses. For key export items such as pepper, coffee, and cashew nuts, the prices of pepper and agricultural inputs fluctuate constantly, making businesses highly dependent on flexible cash flow. When VAT is applied to unprocessed products, the increased costs make it difficult for businesses to maintain a stable supply of goods, especially during periods of volatile agricultural prices.
Based on the reported difficulties, the associations propose that the National Assembly consider amending several articles in the 2024 Value Added Tax Law. The goal is to reduce financial pressure on businesses, protect the agricultural supply chain, and maintain sustainable growth for key export sectors, including pepper, which is heavily dependent on fluctuations in pepper prices and the world market.