Pepper prices on February 4, 2025: Strong increase after LNY

After the Lunar New Year holiday, the domestic and global pepper markets have recorded significant fluctuations. Domestic pepper prices have surged by VND 1,500 – VND 2,000/kg, while on the international market, prices in some major producing countries have also shown a slight upward trend. Below are the details:

Pepper prices on February 4 domestically

According to surveys, domestic pepper prices today range from VND 149,000 to VND 150,000/kg, up VND 1,500 – VND 2,000/kg compared to yesterday. This significant increase right after the Lunar New Year reflects high consumption demand and positive market signals.

Central Highlands region

• Dak Lak: VND 150,000/kg, up VND 1,800/kg.
• Dak Nong: VND 150,000/kg, up VND 1,800/kg.
• Gia Lai: VND 149,000/kg, up VND 1,500/kg.

Southeast region

• Ba Ria - Vung Tau: VND 149,000/kg, up VND 2,000/kg.
• Binh Phuoc: VND 149,000/kg, up VND 2,000/kg.
• Dong Nai: VND 149,000/kg, up VND 2,000 kg.

Thus, the highest pepper price today is recorded in Dak Lak and Dak Nong at VND 150,000/kg, while the lowest price is VND 149,000/kg in Gia Lai, Ba Ria - Vung Tau, Binh Phuoc, and Dong Nai.

Pepper prices on February 4 globally

On the international market, pepper prices in major producing countries have shown mixed fluctuations. According to data from the International Pepper Community (IPC), black and white pepper prices in Indonesia, Malaysia, and Vietnam have remained stable or slightly increased.

Black Pepper Prices

• Indonesia (Lampung): $ 7,219/ton, up 1.07% from yesterday.
• Malaysia (ASTA): $ 9,000/ton, unchanged.
• Brazil (ASTA 570): $ 6,150/ton, unchanged.
• Vietnam:
  • 500 g/l black pepper: $ 6,350/ton (unchanged).
  • 550 g/l black pepper: $ 6,650/ton (unchanged).

White Pepper Prices

• Indonesia (Muntok): $ 9,694/ton, up 0.55%.
• Malaysia (ASTA): $ 11,600/ton, unchanged.
• Vietnam: $ 9,550/ton (unchanged).