Pepper prices on March 15, 2025: Gia Lai continues to rise

Pepper prices on March 15 globally

Globally, pepper prices on March 15 remained unchanged.

Specifically, black pepper Lampung in Indonesia held steady at $ 7,265/ton, while Muntok white pepper remained at $ 10,252/ton.

In Malaysia, Kuching ASTA black pepper was priced at $ 9,800/ton, and ASTA white pepper reached $ 12,300/ton.

Meanwhile, in Brazil, ASTA 570 black pepper continued trading at $ 6,900/ton.

In Vietnam, export black pepper prices declined, with 500 g/l grade trading at $ 7,000/ton and 550 g/l grade at $ 7,200/ton. Similarly, white pepper for export stood at $ 10,000/ton.

The global pepper prices today are stable across all producing countries.

Thus, the global pepper price on March 15, 2025, remains unchanged compared to yesterday.

Pepper prices on March 15 domestically

In the domestic market, the pepper price on March 15 mostly remained unchanged compared to yesterday.

Specifically, in Dak Lak, the price today is VND 161,000/kg.

The price of pepper in Dak Nong remains at VND 161,000/kg today.

The price of pepper in Gia Lai increased by VND 500, trading at VND 159,500/kg.

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

The price of pepper in Ba Ria - Vung Tau remains at VND 160,000/kg today.

Traders in Binh Phuoc continue to trade at VND 160,000/kg.

The United States is the largest pepper importing market with 5,890 tons in the first two months, a decrease of 32.7% compared to the same period in 2024, accounting for 21.5% of the market share.

China has seen the strongest increase at 86.6%. In 2024, the export value reached $ 1.32 billion from a production of 200,000 tons.

VPSA forecasts that in 2025, pepper exports could reach a record $ 1.5 billion due to global production decline and stable demand. Vietnam currently accounts for about 40% of the global production and 55% of the global pepper export value.

Thus, the domestic pepper price on March 15, 2025, is trading around VND 159,500 - 161,000/kg.

$ 1 = VND 25.320 - Source: Vietcombank.