Pepper price today (June 17) in the domestic market decreased to only 134,500 - 136,000 VND/kg, the lowest level since June 2024. In the short term, pepper prices are forecast to stabilize or decrease slightly, but in the medium and long term, the shortage of supply may support prices to increase again.
Domestic pepper price today
Today's pepper price in the domestic market continued to decrease compared to the stable and flat session at the end of the week. Currently, the average pepper purchase price in key areas is 135,300 VND/kg.
Specifically, today's pepper price in Gia Lai province suddenly decreased sharply compared to the stable and flat session at the end of the week, a decrease of 2,500 VND/kg compared to yesterday, the current pepper purchase price in this locality is at 134,500 VND/kg.
Similarly, pepper price in Binh Phuoc has the same downward trend, a decrease of 2,000 VND/kg, the current pepper purchase price is at 135,000 VND/kg.
Pepper prices in Dak Lak also fluctuated downward, down 2,000 VND/kg, currently pepper prices in this locality are purchased by traders at 136,000 VND/kg. Pepper prices in Ba Ria - Vung Tau decreased again compared to yesterday's flat session, down 2,000 VND/kg, currently pepper purchase price is at 135,000 VND/kg.
Today's pepper price in Dak Nong has the lowest decrease compared to other localities, a decrease of 1,000 VND/kg compared to yesterday, currently traders are purchasing pepper in this locality at a price of 136,000 VND/kg. According to experts, the continuous downward adjustment of domestic pepper prices shows the instability in short-term supply and demand, especially when the key growing areas in the Central Highlands and the Southeast have almost finished harvesting.
However, the sharp drop in domestic pepper prices last week was due to a temporary adjustment. Therefore, with global supply still limited and consumption demand remaining stable, the pepper market is expected to regain balance in the near future. In the short term, the sideways trend will still be dominant, with a narrow fluctuation range.
Experts say that the consumption market still has potential, especially in Asia, Europe and North America. Although consumer demand may be temporarily affected by global economic factors, in the medium and long term, pepper is still an agricultural product with high export value due to its important role in the food, processing and medicinal supply chain.
However, there are still some risk factors, especially geopolitical fluctuations, logistics costs, technical barriers and competition from other exporting countries such as Brazil and Indonesia. In addition, if pepper prices continue to remain high, the possibility of expanding planting areas in other countries may also put pressure on supply in the future.
Currently, the consumption market is still potential, especially in Asia, Europe and North America. Although consumer demand may be temporarily affected by global economic factors, in the medium and long term, pepper is still an agricultural product with high export value due to its important role in the food, processing and medicinal supply chain.
World pepper price today
Updated world pepper price from the International Pepper Community (IPC) at 4:30 a.m. on June 17, 2025 as follows: the pepper market remains stable, moving sideways; only pepper prices in Indonesia fluctuate slightly downward.
Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,499 USD/ton; similarly, the price of Muntok white pepper is currently purchased at 10,130 USD/ton.
The Malaysian pepper market continues to remain stable, currently the price of Malaysian ASTA black pepper is purchased at 9,100 USD/ton and the price of ASTA white pepper is at 11,850 USD/ton.
Pepper prices in Brazil tend to move sideways, with little fluctuation compared to the previous trading session, with the current purchase price reaching 6,175 USD/ton.
Vietnam's pepper export market has stabilized and is currently flat compared to the current export price of Vietnamese black pepper at 6,300 USD/ton for 500 g/l; 550 g/l at 6,400 USD/ton and white pepper at 9,300 USD/ton.
Currently, India imports pepper from about 30 countries and territories, of which the 4 main supply markets include Sri Lanka, Vietnam, Indonesia and Brazil, accounting for a total of 94.19% of the market share.
Vietnam is the second largest source of pepper to India, however, India's pepper imports from Vietnam decreased significantly in the first 3 months of 2025, down 24.1% in volume compared to the same period in 2024, causing Vietnam's pepper market share in India to also decrease to 20.66%, from 36.89%.
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