Pepper prices on February 27, 2025: The market fluctuates sharply

Pepper prices on February 27 globally

Globally, pepper prices on February 27 showed mixed movements.

Specifically, black pepper Lampung in Indonesia decreased by 0.44%, reaching $ 7,318/ton, while white pepper Muntok dropped by 0.43% to $ 10,074/ton.

Malaysia's black pepper Kuching ASTA remained at $ 9,500/ton, while its white pepper ASTA reached $ 12,000/ton.

In Brazil, black pepper ASTA 570 traded at $6,850/ton, up 0.73%.

In Vietnam, export black pepper prices declined across the board, with the 500 g/l type trading at $ 6,900/ton (up 5.58%) and the 550 g/l type at $ 7,100/ton (up 6.34%). Similarly, white pepper exports stood at $ 9,900/ton (up 3.54%).

Harvesting has started in different areas, but the pace is generally very slow. Unlike previous years, most farmers have kept their pepper after harvest and are only selling it in limited quantities.

The main reason for this is that coffee and durian prices are more attractive, offering higher profits, which provide farmers with better income and less pressure to sell pepper. Additionally, many intermediary agents have gone bankrupt.

Thus, global pepper prices on February 27, 2025, saw significant fluctuations compared to yesterday.

Pepper prices on February 27 domestically

Domestically, pepper prices continue to decrease compared to yesterday.

Specifically, in Dak Lak, the price dropped by an additional VND 1,000, trading at VND 159,000/kg.

Similarly, the price of pepper in Dak Nong has reached VND 159,000/kg.

In Gia Lai, the price continues to trade at VND 157,000/kg.

Traders in Dong Nai are still purchasing pepper at VND 157,000/kg.

Pepper prices in Ba Ria - Vung Tau remain at VND 157,000/kg.

In Binh Phuoc, traders are still transacting at VND 157,000/kg.

Thus, the domestic pepper prices on February 27, 2025, are trading around VND 156,000 - 160,000/kg.

$ 1 = VND 25.350 - Source: Vietcombank.