(VAN) Pepper prices on April 4, 2025, remain stable amid volatility. Many farmers are holding back their stock, leading to a quiet domestic pepper market.
Pepper prices on April 4 globally
The global pepper market today continues to remain stable, with little change in prices compared to the previous day. Below is the pepper price table updated by the International Pepper Community (IPC) as of 4:30 a.m. on April 4, 2025.
According to the report, Vietnam’s black pepper is currently priced at $ 7,100/ton for the 500 gr/l grade and $ 7,300/ton for the 550 gr/l grade. White pepper is priced at $ 10,100/ton. Although global pepper prices remain stable, rising consumption demand in major markets such as the US and Europe is putting pressure on supply.
Global market outlook
Experts forecast that if major producing countries such as Vietnam, Indonesia, and Brazil do not recover their output soon, global pepper prices may continue to stay high. The growing demand for pepper in the food and spice industries could lead to a supply shortage in the near future.
Domestic pepper prices on April 4, 2025, remain stable. Photo: Internet.
Pepper prices on April 4 domestically
Pepper prices on April 4, 2025, domestically have remained stable, with no significant changes compared to yesterday.
In Gia Lai, the pepper price is VND 157,000/kg.
In Dak Lak, the price is VND 158,000/kg.
In Dak Nong, the price is VND 158,000/kg.
In Ba Ria – Vung Tau, the price is VND 157,000/kg.
In Dong Nai, the price is VND 157,000/kg.
In Binh Phuoc, the price is VND 158,000/kg.
Harvesting situation
Currently, the pepper harvest season is halfway through. Many farmers are still holding onto their stock, waiting for higher prices, leading to a sluggish pepper market. It has been reported that pepper yields this season have decreased significantly by 20% to 30% compared to the previous season due to unfavourable weather.
$ 1 = VND 25.590 – Source: Vietcombank.
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