Pepper prices on February 5, 2025: Dak Nong slightly increases

Pepper prices on February 5 globally

Global pepper prices on February 5 saw a sharp increase in Brazil.

Specifically, black pepper Lampung in Indonesia remained at $ 7,219/ton, while white pepper Muntok held steady at $ 9,694/ton.

Malaysia's black pepper Kuching ASTA was priced at $ 9,000/ton, and its white pepper ASTA stood at $ 11,600/ton.

In Brazil, black pepper ASTA 570 traded at $ 6,300/ton, up 2.38%.

Meanwhile, Vietnam’s export pepper prices declined, with black pepper at 500 g/l at $ 6,350/ton and 550 g/l at $ 6,650/ton. Similarly, white pepper for export was at $ 9,550/ton.

Global pepper prices remained largely stable on February 5, 2025, with the exception of a significant increase of over 2% for black pepper in Brazil.

Global pepper prices for 2025 are expected to stay high due to declining supply, while demand from major markets like the U.S. and Europe remains steady. The demand for pepper in the food and spice processing industry continues to be a key driver for the market.

Thus, global pepper prices on February 5, 2025, saw a sharp increase in Brazil compared to the previous day.

Pepper prices on February 2 domestically

As for the domestic market, pepper prices on February 5, 2025, showed little change from the previous day.

Specifically, Dak Lak today maintains the price at VND 150,000/kg;

The price of pepper in Dak Nong today increased by VND 200, reaching VND 150,200/kg;

The price of pepper in Gia Lai today is still trading at VND 149,000/kg;

Traders in Dong Nai continue to purchase pepper at VND 149,000/kg;

The price of pepper in Ba Ria - Vung Tau is VND 149,000/kg;

Meanwhile, traders in Binh Phuoc are still trading at VND 149,000/kg.

The price of pepper in Dak Nong today increased slightly by VND 200, making it the highest purchasing price in the country, at VND 150,200/kg.

In the 5th week of 2025, the price of black pepper in Vietnam recorded steady growth of about 1.32%, shared Mr Marcellus Giovanni, CEO of Brazspice Spices International.

This increase is mainly driven by strong demand from key export markets such as the European Union (EU) and the US. Despite the Tet holiday period, market activity has remained relatively stable as exporters and producers have resumed operations.

Thus, domestic pepper prices on February 5, 2025, are trading around VND 149,000 - 150,200/kg.

$ 1 = VND 24.950 - Source: Vietcombank.