Pepper prices on March 18, 2025: Mixed fluctuations

Pepper prices today, March 18, 2025, recorded mixed fluctuations in the domestic market and a stable trend in the international market. This is a crucial time to assess supply and demand conditions and the factors influencing global and domestic pepper prices. Below is detailed information on global pepper prices, domestic pepper prices, and market analysis.

Pepper prices on March 18 globally

In the international market, pepper prices remained stable in major producing regions such as Indonesia, India, and Brazil. Meanwhile, increasing consumption demand in Europe and the U.S. is putting pressure on global supply.

Pepper prices in international markets

• Pepper prices in Indonesia: Export black pepper prices saw a slight increase, ranging from $ 3,800 to $ 3,900/ton, driven by import demand from China and the U.S.
• Pepper prices in India: Domestic pepper prices in Kerala remained at $ 4,200/ton, supported by stable supply and rising domestic consumption.
• Pepper prices in Brazil: Brazilian pepper prices are currently fluctuating between $ 3,700 and $ 3,800/ton, stable compared to last week.

Reasons for stable global pepper prices

• Stable supply in major producing countries: Despite dry weather in some regions, pepper production remains ensured through effective farming measures.
• High demand in major markets: Europe and the U.S. continue to be the largest pepper-consuming regions, particularly in the food and processing industries.
• Stable exchange rates: The USD has shown little volatility over the past week, helping to maintain stable export pepper prices.

Pepper prices on March 18 domestically

In the domestic market, pepper prices recorded mixed fluctuations across different regions. While prices in Dak Lak and Dak Nong saw slight increases, areas like Binh Phuoc experienced declines. The national average price ranged from VND 157,000 - VND 160,000/kg.

Pepper price in Dak Lak: VND 159,000/kg, unchanged from yesterday.

Pepper price in Gia Lai: VND 158,000/kg, unchanged from yesterday.

Pepper price in Dak Nong: VND 159,000/kg, unchanged from yesterday.

$ 1 = VND 25.340 - Source: Vietcombank.