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Pepper price today June 8, 2025: Sharp decrease across the board

Today's domestic pepper price on June 8 is at 143,000 - 144,000 VND/kg. Domestic pepper prices have all dropped sharply from 1,000 to 2,000 VND/kg compared to yesterday. Vietnam's pepper prices are expected to recover thanks to tax negotiations with the US.

Báo Nghệ AnBáo Nghệ An07/06/2025

Domestic pepper prices: Sharp decrease across the board

As of 5:00 a.m. today (June 8), the domestic pepper market has fallen sharply. Currently, the pepper purchase price is recorded at 142,000 - 143,000 VND/kg.

Pepper price in Ba Ria - Vung Tau decreased sharply by 2000 VND/kg compared to yesterday, staying at 142,000 VND/kg. Similarly, pepper price in Dak Lak also decreased by 2000 VND/kg compared to yesterday, staying at 143,000 VND/kg.

Gia Lai and Binh Phuoc both listed the price at 142,000 VND/kg, down 1,000 VND/kg compared to yesterday. Meanwhile, Dak Nong is the province with the highest purchase price in the country at 143,000 VND/kg, down 1,000 VND/kg compared to yesterday.

Pepper price today June 8, 2025: Sharp decrease across the board

World pepper prices: All remain unchanged

In the world market, pepper prices remained stable. At the Indonesian exchange, black pepper and white pepper were listed at 7,437 USD/ton (equivalent to 195,177 VND/kg); white pepper was listed at 10,142 USD/ton (about 266,167 VND/kg).

In Vietnam, the export price of black pepper 500 g/l and 550 g/l remained unchanged compared to yesterday, fluctuating between 6,300 and 6,400 USD/ton (equivalent to 165,401 - 168,026 VND/kg). The price of ASTA white pepper remained unchanged at 9,300 USD/ton (about 244,163 VND/kg).

Malaysian and Brazilian exchanges were stable. Malaysian white pepper continued to hold the highest global price at USD 11,850/ton (equivalent to VND 311,110/kg).

Comments and forecasts

In recent weeks, Vietnamese pepper prices have fallen by about 4%. This price level was once considered an important support level as many times before, every time it reached this level, the market bounced back.

Positive signals are coming from reciprocal tariff negotiations between Vietnam and the US. This development is expected to create psychological leverage for the pepper market, in the context of prices being under pressure from many sides.

On the afternoon of June 5 (US time), Minister of Agriculture and Environment Do Duc Duy had an important meeting with Senator John Boozman and Congressman Glenn GT Thompson. Here, Vietnam expressed its desire to promote cooperation, not competition but mutual support for development. In addition to importing plant varieties and modern technological equipment from the US, Vietnam hopes to continue to strongly export key agricultural products such as coffee, pepper, cashew, shrimp and wooden products.

According to data from the Vietnam Pepper and Spice Association (VPSA), in the first 5 months of 2025, Vietnam exported more than 100,000 tons of pepper, earning nearly 693 million USD. Although the export volume decreased by 12% compared to the same period last year, the value increased sharply by 40.5%, thanks to high export prices.

The US remains the largest market for Vietnamese pepper, accounting for nearly 23% of total exports. However, exports to the US in the same period fell sharply by 24.4% to just over 23,000 tons. In May alone, pepper exports to the US reached 6,342 tons, down slightly by 1% compared to the previous month.

In the context of pepper prices approaching the support zone and the market showing signs of slowing down, hope for recovery is gradually forming, especially when the Vietnam - US trade relationship is showing positive trends.

Source: https://baonghean.vn/gia-tieu-hom-nay-8-6-2025-dong-loat-giam-manh-10299170.html


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