Pepper prices fall but have not hit bottom yet, retreat but prepare to advance

Pepper prices slightly decreased by VND1,000/kg, fluctuating between VND147,000-150,000/kg. The outlook for late 2025 is bright thanks to increased global demand, Vietnam maintains its export advantage.

Update on domestic pepper prices on September 18

Pepper prices today in the Central Highlands and Southeast provinces fluctuate between 147,000 - 150,000 VND/kg.

In Dak Lak and Dak Nong provinces, pepper prices were purchased at 150,000 VND/kg, down 1,000 VND.

Pepper price in Ba Ria - Vung Tau province is at 149,000 VND/kg, down 1,000 VND.

In Gia Lai province, pepper price today is at 147,000 VND/kg, down 1,000 VND.

Pepper price in Binh Phuoc province is at 147,000 VND/kg, down 1,000 VND.

Conscious	Pepper price (VND/kg)	Change from yesterday
Dak Lak	150,000	1,000 off
Dak Nong	150,000	1,000 off
Ba Ria - Vung Tau	149,000	1,000 off
Gia Lai	147,000	1,000 off
Binh Phuoc	147,000	1,000 off

This downward adjustment is mainly due to stable supply from the new crop, combined with the lack of major fluctuations in world export prices, causing domestic traders to be cautious in pushing up prices. However, Vietnam's white pepper price remained stable at 9,250 USD/ton compared to the previous session, showing that the high-end segment is less affected by short-term fluctuations.

In the long term (late 2025 and 2026), the pepper price outlook is more positive due to increased global demand from the food and spice industry, combined with limited production in major producing countries due to climate change. The US tariff policy may be clarified after negotiations, reducing pressure on export prices.

With Vietnam’s prices at competitive levels (US$6,700/ton for black pepper), the country has an export advantage if it can control quality well and diversify its markets. Investors should closely monitor Indian weather and US trade moves to adjust their strategies, with average prices forecast to increase by 5-10% by Q4/2025 if risk factors are controlled.

Update pepper price today September 18, 2025 on the world market

At the end of the most recent trading session, world pepper prices recorded a slight increase in Brazilian black pepper on the market.

Brazilian black pepper ASTA 570 price remained stable at USD 6,600/ton.

Meanwhile, the price of Indonesian Lampung black pepper was stable at 7,101 USD/ton.

Vietnam's black pepper export price remains unchanged, with 500g/l reaching 6,600 USD/ton; 550g/l reaching 6,800 USD/ton.

Malaysian ASTA black pepper price remained stable at USD 9,700/ton.

At the same time of survey, the price of Indonesian Muntok white pepper reached 10,062 USD/ton.

Meanwhile, Vietnamese white pepper remained unchanged at 9,250 USD/ton.

In particular, Malaysian ASTA white pepper continued to move sideways at 12,900 USD/ton.

Pepper type	Origin	Price (USD/ton)	Changes from previous session
Black Pepper ASTA 570	Brazil	6,600	Unchanged
Lampung Black Pepper	Indonesia	7.101	Unchanged
Black pepper for export 500 g/l	Vietnam	6,600	Unchanged
Black pepper for export 550 g/l	Vietnam	6,800	Unchanged
ASTA Black Pepper	Malaysia	9,700	Unchanged
Muntok White Pepper	Indonesia	10,062	Unchanged
White pepper	Vietnam	9,250	Unchanged
ASTA White Pepper	Malaysia	12,900	Unchanged

In the short term (September-October 2025), pepper prices may continue to fluctuate slightly with a stable or slightly increasing trend if the weather in India improves, especially when the Navarathri festival season begins from October 2. This event is expected to restore consumption demand in Northern India, helping to push up domestic and export prices.

However, if the floods persist, prices are at risk of falling further as Brazilian supply continues to compete strongly. In Vietnam, domestic prices may maintain current levels or increase slightly if exports to Europe and Asia recover, supported by low global inventories.

This slight decrease is attributed to the balance of supply and demand in the post-harvest period, when the inventory in the population has decreased significantly. Export demand has not increased strongly, mainly coming from traditional markets such as the US and Europe, causing domestic pepper prices to have no motivation to break out. However, domestic pepper prices still remain at a relatively high level compared to the same period last year, due to limited supply and increased production and logistics costs.

Source: https://baodanang.vn/gia-tieu-roi-nhung-chua-cham-day-lui-nhung-chuan-bi-tien-3303105.html