Domestic pepper price
Pepper prices today in key growing areas increased slightly compared to yesterday. Thereby, the domestic pepper price level is from 140,000 VND/kg to 142,000 VND/kg.
In the Central Highlands region, pepper prices today in Dak Lak remain unchanged compared to yesterday, currently at 144,000 VND/kg.
Pepper price today in Gia Lai increased slightly by 1,000 VND/kg compared to yesterday, currently at 140,000 VND/kg.
Pepper price today in Dak Nong increased by 1000 VND/kg compared to yesterday, currently at 141,000 VND/kg.
In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 142,000 VND/kg, up 2,000 VND/kg compared to yesterday. Dong Nai increased 2,000 VND/kg compared to yesterday at 142,000 VND/kg.
In addition, pepper price today in Binh Phuoc increased by 1,000 VND/kg compared to yesterday, currently at 141,000 VND/kg.
According to the Import-Export Department (Ministry of Industry and Trade), domestic pepper prices are currently low because people and speculators continue to hold onto goods in the expectation that prices will recover more strongly in the third and fourth quarters.
The hoarding mentality causes a short-term decrease in supply to the market, creating temporary scarcity in the country.
Pepper price today August 7 in 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 July 7 (local time) as follows:
Indonesia's Lampung black pepper price fell sharply compared to yesterday at $7,385/ton (down 2.11%). In addition, Muntok white pepper price increased slightly compared to yesterday at $10,167/ton (down 0.2%).
Brazilian ASTA black pepper price increased slightly compared to yesterday at 6,250 USD/ton (up 3.2%).
Malaysia's ASTA black pepper price decreased slightly compared to yesterday, currently at 8,900 USD/ton (down 1.11%). In addition, the country's ASTA white pepper price remains unchanged compared to yesterday, reaching 11,750 USD/ton.
Prices of all types of pepper in Vietnam increased sharply compared to yesterday. Of which, the price of Vietnamese black pepper 500 gr/l reached 6,440 USD/ton (up 3.11%); 550 gr/l reached 6,570 USD/ton (up 3.04%).
Likewise, Vietnam's white pepper price increased sharply compared to yesterday, reaching 9,150 USD/ton (up 2.19%).
In the world market, pepper prices are still under great pressure due to the strong USD, geopolitical tensions and high transportation costs.
In the long term, supply from Indonesia and Brazil will be the key factors affecting price trends. Indonesia is expected to start harvesting in July, while Brazil will enter its harvest season in the middle of this year. If supply from these two countries increases sharply, global pepper prices may continue to be under pressure.
First half of 2025: Pepper export price decreases in output but increases sharply in value
According to the Vietnam Pepper and Spices Association (VPSA), by the end of June 2025, Vietnam had exported a total of 124,133 tons of pepper, including 105,939 tons of black pepper and 18,194 tons of white pepper. The total export turnover reached 850.5 million USD, of which black pepper brought in 704.1 million USD and white pepper reached 146.4 million USD.
Compared to the same period last year, export volume decreased by 12.9%, but value increased by 34.1% thanks to the average export price in the first 6 months of the year reaching 6,852 USD/ton, up 54%. However, exports to the Americas, Europe and Africa all decreased sharply from 16% to nearly 27%, while exports to Asia increased slightly by 3%.
The US continued to be the largest consumer market for Vietnamese pepper, accounting for 23.6% of total exports, equivalent to 27,463 tons, but down 26.6% year-on-year. China ranked second with 9,293 tons, up 24.7%. Other major markets included India (8,804 tons, up 7.7%), the UAE (8,747 tons, up 4.3%) and Germany (7,239 tons, down 24%).
Regarding export enterprises, Olam Vietnam led with 12,388 tons, accounting for 10% of the market share but down 6.7%. Nedspice Vietnam reached 10,604 tons, up 2.5%; Phuc Sinh reached 10,232 tons, up 8.2%. Meanwhile, Tran Chau and Haprosimex JSC exported 6,624 tons and 6,460 tons, respectively, down sharply by 26.9% and 35.7%, respectively.
On the other hand, Vietnam imported 28,296 tons of pepper in the first 6 months of the year, with a total turnover of 174.1 million USD. Of which, black pepper accounted for 23,537 tons and white pepper 4,759 tons. Compared to the same period last year, the import volume increased by 57.2%, while the import value increased sharply by 150.1%.
The three main pepper suppliers to Vietnam are Brazil (14,904 tons), Cambodia (6,257 tons) and Indonesia (5,574 tons). Imports from Brazil jumped 105.8%, from Cambodia increased slightly by 0.7% and from Indonesia increased by 86.4%.
On the import side, Olam Vietnam continued to lead with 6,433 tons, followed by Tran Chau with 2,524 tons and Nedspice Vietnam with 1,809 tons.
Source: https://baonghean.vn/gia-tieu-hom-nay-8-7-2025-tang-nhe-tro-lai-10301796.html
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