DAILY: Domestic pepper prices remained unchanged on May 9, 2025
Friday, May 9,2025
AsemconnectVietnam - According to Kinhtedothi, domestic pepper prices remained unchanged at 153,000 to 155,000 VND/kg on May 9, 2025, compared to yesterday.
After three consecutive days of decline, the domestic market has stabilized. The average export price of black pepper over the first four months of the year reached 6,749 USD/ton, up 96.0%, while white pepper reached 8,611 USD/ton, up 73.8% year-on-year.
- In Dak Lak and Dak Nong provinces, pepper is being purchased at 155,000 VND/kg.
- In Gia Lai, Dong Nai, Ba Ria – Vung Tau, and Binh Phuoc provinces, the price stands at 153,000 VND/kg.
International Market:
At the close of the latest session, the International Pepper Community (IPC) listed the following prices:
At the close of the latest session, the International Pepper Community (IPC) listed the following prices:
- Black pepper from Lampung (Indonesia): 7,338 USD/ton, up 0.22%
- Brazil ASTA 570 black pepper: 6,800 USD/ton
- Kuching (Malaysia) ASTA black pepper: 9,200 USD/ton
- Muntok white pepper: 9,939 USD/ton, up 0.22%
- Malaysia ASTA white pepper: 11,900 USD/ton
Vietnamese black pepper traded at:
- 6,700 USD/ton for the 500 g/l grade
- 6,800 USD/ton for the 550 g/l grade
- White pepper: 9,700 USD/ton
IPC reported price increases in Indonesia, attributing them partly to a 1% appreciation of the Indonesian Rupiah against the USD (16,705 IDR/USD) and tight supply in the market.
Other market trends:
- Domestic and international pepper prices in India declined.
- Sri Lankan domestic pepper prices continued to rise.
- Malaysia’s domestic pepper prices increased, while its export prices trended downward.
- Prices remained stable for Brazilian black pepper, Cambodian black pepper, and Chinese white pepper.
Vietnam’s Export Statistics (Jan–Apr 2025):
According to the Vietnam Pepper and Spice Association, Vietnam exported 74,250 tons of pepper, including:
According to the Vietnam Pepper and Spice Association, Vietnam exported 74,250 tons of pepper, including:
- 63,124 tonnes of black pepper
- 11,126 tonnes of white pepper
Total export value reached 510.6 million USD:
- Black pepper: 423.2 million USD
- White pepper: 87.4 million USD
Compared to the same period in 2024:
- Export volume decreased by 10.6%
- Export revenue increased by 45%
- Average black pepper export price: 6,749 USD/ton (up 96%)
- Average white pepper export price: 8,611 USD/ton (up 73.8%)
Top Export Markets:
- USA: 16,682 tonnes (22.5% market share, down 26.7%)
- India: 5,905 tonnes (8.0%, up 6.4%)
- UAE: 4,981 tonnes (6.7%, up 42.2%)
- Germany: 4,952 tonnes (6.7%, down 9.7%)
- China: 3,371 tonnes (4.5%, up 94.4%)
Top Exporting Companies:
- Olam Vietnam: 7,692 tonnes (down 8.0%, 10.4% market share)
- Phuc Sinh: 6,712 tonnes (up 32.2%)
- Nedspice: 6,635 tonnes (down 6.4%)
- Tran Chau: 4,425 tonnes (down 27.3%)
- Haprosimex JSC: 3,976 tonnes (down 25.2%)
Top White Pepper Exporters:
- Olam Vietnam: 1,628 tonnes
- Nedspice Vietnam: 1,350 tonnes
- Phuc Sinh: 733 tonnes
T.Huong
Source: Vitic
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