Pepper prices on February 19, 2025: Dak Nong increases by VND 500

Pepper prices on February 19 globally

On the global market, pepper prices in Indonesia increased slightly today.

Specifically, black pepper Lampung in Indonesia rose 0.05% to $ 7,298/ton, while white pepper Muntok increased 0.74% to $ 10,143/ton.

In Malaysia, black pepper Kuching ASTA remains at $ 9,000/ton, and white pepper ASTA is priced at $ 11,600/ton.

For Brazil, black pepper ASTA 570 is being traded at $ 6,800/ton.

Meanwhile, in Vietnam, black pepper export prices have decreased, with 500 g/l at $ 6,500/ton and 550 g/l at $ 6,650/ton. Similarly, white pepper export prices are at $ 9,550/ton.

Global pepper prices today showed little fluctuation, with a slight increase in Indonesia, while other countries remained stable.

The International Pepper Community (IPC) forecasts that global pepper production in 2025 will continue to decline, partly because the economic yield of pepper is lower compared to other crops, leading many farmers to avoid choosing pepper as their main crop.

Other factors affecting production include extreme weather conditions, which impact pepper yields, while production costs have risen significantly.

Thus, the global pepper price on February 19, 2025, has slightly increased in Indonesia compared to yesterday.

Pepper prices on February 19 domestically

Domestically, pepper prices on February 19 have shown little change compared to yesterday.

Specifically, in Dak Lak, prices remain at VND 162,000/kg;

In Dak Nong, prices have increased by VND 500, reaching VND 162,500/kg;

In Gia Lai, prices remain steady at VND 160,000/kg;

Traders in Dong Nai are still purchasing pepper at VND 160,000/kg;

In Ba Ria - Vung Tau, prices are holding steady at VND 160,000/kg;

Traders in Binh Phuoc are trading at VND 160,000/kg.

Thus, domestic pepper prices on February 19, 2025, are trading around VND 160,000 - 162,500/kg.

$ 1 = VND 25.310 - Source: Vietcombank.