Pepper prices on March 22, 2025: Domestic declines

Pepper prices on March 22 globally

On the global market, pepper prices continued their upward trend, particularly in major exporting countries such as Vietnam, Indonesia, and Brazil. However, Chinese white pepper prices recorded a slight decline, reflecting a short-term adjustment.

Global pepper price movements

• Vietnamese black pepper export price: $ 4,000/ton, unchanged from yesterday.
• Indonesian black pepper price: $ 3,850/ton, up $ 10/ton.
• Brazilian black pepper price: $ 3,890/ton, up $ 15/ton.
• Chinese white pepper price: $ 5,940/ton, down $ 20/ton.

Factors influencing global pepper prices

• Stable consumption demand: Major markets such as the US, Europe, and the Middle East continue to import large quantities of pepper to meet food processing and seasoning needs.
• Limited supply: Unfavorable weather conditions in key producing countries, particularly Vietnam and Indonesia, have reduced output, exerting upward pressure on prices.
• Stable USD exchange rate: The US dollar remains strong, supporting pepper prices in the international market.

Pepper prices on March 22 domestically

On the domestic market, today's pepper prices recorded a slight decline in some key provinces. Pepper prices ranged from VND 159,000 - 160,000/kg, down VND 500/kg compared to yesterday. This marks the first adjustment after a continuous price increase over the past week.

Specifically, pepper prices in Gia Lai decreased slightly by VND 500/kg from yesterday, with the local buying price now at VND 159,000/kg.

Similarly, pepper prices in Ba Ria - Vung Tau dropped by VND 500/kg, with the current purchase price at VND 159,000/kg.

After a slight increase in the previous session, Binh Phuoc pepper prices reversed and fell by VND 500/kg, now trading at VND 159,000/kg.

Meanwhile, pepper prices in Dak Lak remained stable with little fluctuation compared to the previous session, currently being purchased at VND 160,000/kg.

In Dak Nong, pepper prices remained unchanged, maintaining the highest level in the country at VND 160,500/kg.

$ 1 = VND 25.370 - Source: Vietcombank.