Pepper price today June 20, 2025: Record sharp drop

Today's domestic pepper price, June 20, is at 127,500 - 129,000 VND/kg. Domestic pepper prices have dropped sharply by a record 5,000 to 6,000 VND/kg compared to yesterday. Pepper prices are also under great pressure from global geopolitical instability.

Domestic pepper price

Pepper prices today in key growing areas have dropped sharply compared to yesterday. As a result, the domestic pepper price level is from 127,500 VND/kg to 129,000 VND/kg.

In the Central Highlands region, pepper price today in Dak Lak decreased sharply by 5,000 VND/kg compared to yesterday, currently at 129,000 VND/kg.

Pepper price today in Gia Lai decreased by 5,000 VND/kg compared to yesterday, currently at 127,500 VND/kg.

Pepper price today in Dak Nong decreased by 6,000 VND/kg compared to yesterday, currently at 128,000 VND/kg.

In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 128,000 VND/kg, down 5,000 VND/kg compared to yesterday. Dong Nai decreased 5,000 VND/kg compared to yesterday at 128,000 VND/kg.

In addition, pepper price today in Binh Phuoc decreased by 5,000 VND/kg compared to yesterday, currently at 128,000 VND/kg.

Pepper prices fall due to global uncertainty, exports still increase in value thanks to high quality and demand from the US

Along with the downward trend of coffee prices, pepper prices are also under great pressure from global geopolitical instability. The US Federal Reserve (Fed) keeping interest rates unchanged, escalating tensions in the Middle East and the 90-day mark of applying a 46% reciprocal tax from the US on Vietnamese pepper have made the market more sluggish in the short term.

However, unlike the hot period of the previous decade, the sharp increase in pepper prices in the past two years has not led to a wave of new large-scale planting. In Gia Lai, the country's key pepper growing region, people remain cautious.

Mr. Nguyen Dinh Trung (Ia Tiem commune, Chu Se district) said that although pepper prices have improved since the end of 2023, new acreage has not increased significantly. Many old pepper acreages have been converted to coffee and durian, with only a few households maintaining a few dozen pepper poles to take advantage of vacant land in coffee gardens.

Despite the market slowdown, Vietnam's pepper exports still recorded positive results. According to data from the General Department of Customs, in the first 5 months of 2025, Vietnam exported nearly 99,900 tons of pepper, earning about 690.4 million USD.

Although output decreased by 12.5% compared to the same period last year, export value increased sharply by 40.5%. The average export price of pepper reached 6,910 USD/ton, up 61.1% compared to the same period in 2024, a record increase in many years.

The three largest consumer markets of Vietnamese pepper account for nearly 41% of volume and nearly 44% of total export turnover, of which the United States continues to be the leading market.

In the first 5 months of the year, the US spent nearly 185 million USD to import 24,687 tons of Vietnamese pepper. Although the import volume decreased by nearly 19%, the value increased by 34.8%, showing that US consumers and businesses still highly appreciate the quality of Vietnamese pepper and are willing to pay more for standard products.

Pepper price today June 20 in the world market

In the world market, based on quotes from export enterprises and export prices in various countries, the International Pepper Community (IPC) has updated the prices of pepper of all types traded in the international market on June 19 (local time) as follows:

Indonesia's Lampung black pepper price fell sharply compared to yesterday at 7,461 USD/ton (down 0.76%). In addition, Muntok white pepper price also fell sharply compared to yesterday at 10,079 USD/ton (down 0.76%).

Brazilian ASTA black pepper prices were unchanged from yesterday at $6,050/mt.

The price of Malaysian ASTA black pepper has dropped sharply compared to yesterday, currently at 9,000 USD/ton (down 1.11%). In addition, the price of ASTA white pepper of this country has dropped sharply compared to yesterday, reaching 11,750 USD/ton (down 0.85%).

Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of 500 gr/l black pepper in Vietnam reached 6,000 USD/ton; 550 gr/l reached 6,100 USD/ton.

Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,000/ton.

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Source: https://baonghean.vn/gia-tieu-hom-nay-20-6-2025-giam-manh-ky-luc-10299974.html