AsemconnectVietnam - According to Kinhtedothi, domestic pepper prices ranged between 123,000 – 125,000 VND/kg on June 24, 2025. Global pepper prices continue a slight downward trend at the start of the week.

 In Vietnam, following a significant decline, the market is now stabilizing. Meanwhile, exports to the U.S. are showing signs of slowing down.
• Đắk Lắk and Đắk Nông: 125,000 VND/kg
• Gia Lai, Đồng Nai, Bà Rịa – Vũng Tàu, Bình Phước: 123,000 VND/kg
Prices this morning are unchanged from yesterday, and the domestic market remains flat after a sharp drop.
International Pepper Market Update:
According to the latest session from the International Pepper Community (IPC):
• Black Pepper Prices:
o Lampung (Indonesia): $7,452/ton
o Brazil ASTA 570: $6,050/ton
o Kuching (Malaysia) ASTA: $9,000/ton
o Vietnam 500 g/l: $6,000/ton
o Vietnam 550 g/l: $6,100/ton
• White Pepper Prices:
o Muntok (Indonesia): $10,066/ton
o Malaysia ASTA: $11,750/ton
o Vietnam: $9,000/ton
Prices globally are showing a slight downtrend early this week.
IPC’s Assessment for Last Week:
• India: Both domestic and export prices fell, partly due to the Indian rupee weakening 1% against the USD (to 86.37 INR/USD).
• Indonesia & Malaysia: Prices remained stable for both domestic and export markets.
• Sri Lanka: Domestic prices have fallen for three consecutive weeks.
• Vietnam: Both domestic and export prices have declined for three weeks in a row, driven by:
o Weaker demand from the Middle East, U.S., and China
o Rising global inventories
Other countries:
• Black pepper prices from Brazil and Cambodia, and white pepper from China, are also declining.
• Brazil’s drop is likely due to anticipated higher output this year.
Domestic Outlook:
According to Vietnam’s Center for Industry and Trade Information (VITIC), some export companies are beginning to restock after a pause, potentially supporting domestic prices.
There are positive signals from EU and U.S. markets, especially for Q4 2025 and Q1–Q2 2026 orders. A trade agreement between the U.S. and Vietnam, expected to be signed in July, may bring a significant breakthrough for the sector.
According to statistics from the General Department of Customs, pepper exports in the first 5 months of 2025 reached 99,922 tonnes, equivalent to over 690.43 million USD, with an average price of 6,909.7 USD/tonne, down by 8.6% in volume, but up by 47.2% in turnover and up by 61.1% in price compared to the first 5 months of 2024.
In May of 2025 alone, it is estimated to reach 26,328 tonnes, equivalent to 182.28 million USD, with an average price of 6,923.3 USD/tonne, down by 0.4% in volume, down by 1% in turnover and down by 0.6% in price compared to April of 2025. Compared to May of 2024, it also decreased by 0.1% in volume, but increased sharply by 55.7% in turnover and 55.8% in price. Pepper exported to the US market accounted for 24.7% of the total volume and 26.8% of the total export turnover of this commodity group of the country, reaching 24,687 tonnes, equivalent to over 184.9 million USD, with an average price of 7,489.6 USD/tonne, down by 13.7% in volume but up by 43.5% in turnover and up by 66.3% in price compared to the first 5 months of 2024. In May 2025 alone, 6,926 tonnes of pepper were exported to the US, equivalent to 52.37 million USD, with a price of 7,561.7 USD/tonne, up by 2.4% in volume, up by 6.2% in turnover and up by 3.8% in price compared to April of 2025. Compared to May 2024, it increased by 18.6% in volume, 81.9% in turnover and 53.3% in price.
The German market ranked second with 8,451 tonnes of pepper, earning 63.67 million USD, up by 23.5% in volume and 93.9% in turnover over the same period last year while the exports to the Indian market 7,501 tonnes, equivalent to 53.28 million USD, priced at 7,102.6 USD/tonne, up by 10.1% in volume, up by 90.2% in turnover, up by 72.8% in price; and the exports to the U.A.E reached 3,960 tonnes, equivalent to 26.93 million USD, down by 28.8% in volume but up by 16.5% in turnover.
T.Huong
Source: Vitic