Pepper Prices Today, March 13, 2025: Strong Increase Across the Board, Đắk Lắk - Đắk Nông Exceed 160,000 VND/kg
Thursday, March 13,2025
AsemconnectVietnam - According to Kinh tế & Đô thị, domestic pepper prices today, March 13, 2025, range from 158,000 to 161,000 VND/kg, increasing by 1,500 - 2,500 VND/kg compared to yesterday.
The Central Highlands region saw a strong increase, particularly in Đắk Lắk - Đắk Nông, pushing prices in this area above 160,000 VND/kg. After two days of declines at the beginning of the week, domestic pepper prices have rebounded.
In Đắk Lắk province, pepper is being purchased at 160,500 VND/kg, up 2,000 VND/kg.
In Đắk Nông province, the price has risen to 161,000 VND/kg, an increase of 2,500 VND/kg.
In Gia Lai province, the price is 158,500 VND/kg, up 1,500 VND/kg.
Meanwhile, in Đồng Nai province, pepper prices stand at 158,000 VND/kg, up 2,000 VND/kg.
In Bà Rịa - Vũng Tàu province, the price is 159,000 VND/kg, increasing by 2,000 VND/kg.
In Bình Phước province, pepper is being purchased at 159,000 VND/kg, also up 2,000 VND/kg.
As of early this morning, pepper prices have increased by 1,500 - 2,500 VND/kg compared to the same time yesterday. The Central Highlands region has seen a significant rise, especially in Đắk Lắk - Đắk Nông, pushing local prices past 160,000 VND/kg. After two days of declines earlier this week, domestic pepper prices have rebounded.
According to the Industry and Trade Information Center – Ministry of Industry and Trade (VITIC), the 2025 pepper harvest is currently underway, reaching its peak in March and continuing into April. Global pepper production is expected to continue declining in 2025 due to a reduction in cultivated areas in Vietnam and unfavorable weather conditions in India. India's pepper production may drop by 20-25%, mainly due to adverse weather in Karnataka.
Vietnam's 2024/25 pepper production is forecasted to reach 172,000 tons, a 2% decrease from the previous year and a 47% drop compared to the 322,000 tons recorded in the 2018/19 season. This projection by VITIC is lower than the initial forecast by the Vietnam Pepper and Spice Association (VPSA).
Reports and observations indicate that cultivated areas have declined in many regions, leading to reduced production. However, some pepper farms continue to achieve high yields thanks to scientific cultivation methods and proper care.
At the close of the latest trading session, the International Pepper Community (IPC) listed:
• Lampung black pepper (Indonesia) at 7,254 USD/ton, down 0.14%
• Brazil ASTA 570 black pepper at 6,900 USD/ton
• Kuching black pepper (Malaysia) ASTA at 9,800 USD/ton
• Muntok white pepper at 10,237 USD/ton, down 0.14%
• Malaysian white pepper ASTA at 12,300 USD/ton
Vietnamese black pepper prices:
• 500 g/l at 7,000 USD/ton
• 550 g/l at 7,200 USD/ton
• White pepper at 10,000 USD/ton
The IPC continues to lower the prices of Indonesian pepper.
T.Huong
Source: Vitic
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