Pepper prices on March 24, 2025: Holding at VND 159,000

Pepper prices on March 24 globally

On the global market, pepper prices continued to hold at high levels, driven by strong import demand from major markets such as the US, Europe, and the Middle East. Limited supply from key producing countries like Vietnam, Indonesia, and Brazil also supported stable price growth.

Global pepper price movements

• Vietnamese black pepper (export): $4,100/ton, up $50/ton from the previous session.
• Indonesian black pepper: $3,950/ton, up $40/ton.
• Brazilian black pepper: $3,980/ton, up $60/ton.
• Chinese white pepper: $6,000/ton, up $20/ton.

Factors affecting global pepper prices

• Limited supply: Major producing countries reported lower output due to adverse weather and rising production costs.
• Increasing consumption demand: Key markets are ramping up imports for the food and spice industries.
• Stable USD exchange rate: The strong USD continues to support pepper prices in the international market.

Pepper prices on March 24 domestically

On the domestic market, pepper prices today remained stable at high levels, ranging from VND 159,000 to VND 160,500/kg. This marks the second consecutive week that domestic pepper prices have remained stable, supported by strong export demand and an unchanged domestic supply.

Pepper prices in the Central Highlands

The pepper price in Dak Lak is VND 160,000/kg, unchanged from yesterday.

The pepper price in Gia Lai is VND 159,000/kg, unchanged from yesterday.

The pepper price in Dak Nong province is VND 160,500/kg, unchanged from yesterday.

Pepper prices in the Southeast region

The pepper price in Ba Ria – Vung Tau today is VND 159,000/kg, unchanged from yesterday.

The pepper price in Binh Phuoc today is VND 159,000/kg, unchanged from yesterday.

Pepper prices today, March 24, 2025: Holding at high levels from VND 159,000 to VND 160,500/kg.

$ 1 = VND 25.435 – Source: Vietcombank.