Pepper prices on March 2, 2025: Domestic market recovers

Pepper prices on March 2 globally

Pepper prices today, March 2, remained unchanged globally.

Specifically, black pepper Lampung in Indonesia held steady at $ 7,235/ton, while white pepper Muntok remained at $ 9,959/ton.

In Malaysia, black pepper Kuching ASTA was priced at $ 9,500/ton, and white pepper ASTA reached $ 12,000/ton.

For the Brazilian market, black pepper ASTA 570 traded at $ 6,850/ton.

In Vietnam, export black pepper prices declined across the board, with the 500 g/l variety trading at $ 6,900/ton and the 550 g/l variety at $ 7,100/ton. Similarly, export white pepper remained at $ 9,900/ton.

Global pepper prices today, March 2, 2025, remained stable. Summarizing this week, the global pepper market experienced significant fluctuations.

Specifically, Indonesian pepper prices saw a notable decline, dropping by 0.71% to 1.66%, while Malaysian pepper prices remained unchanged. In contrast, Brazilian black pepper prices rose by 0.74%, and export pepper prices from Vietnam surged significantly, with increases ranging from 3.66% to 6.15%.

Thus, global pepper prices on March 2, 2025, remained steady compared to yesterday.

Pepper prices on March 2 domestically

In Vietnam, domestic pepper prices on March 2 showed a recovery, rising again compared to yesterday.

Specifically, in Dak Lak, the price today is VND 159,000/kg, an increase of VND 1,000.

Similarly, in Dak Nong, the price has risen to VND 159,000/kg.

In Gia Lai, the price has increased by VND 1,000, trading at VND 157,000/kg.

Traders in Dong Nai are buying pepper at VND 156,000/kg, also up by VND 1,000.

With the same increase, the price in Ba Ria - Vung Tau today is VND 157,000/kg.

Meanwhile, traders in Binh Phuoc are transacting at VND 158,000/kg, up by VND 2,000.

Thus, as of March 2, 2025, domestic pepper prices are trading around VND 156,000 - 159,000/kg.

$ 1 = VND 25.340 - Source: Vietcombank.