Forecast of domestic pepper price tomorrow, April 15, 2025, sideways and slightly increasing.

Today's pepper price was updated on the afternoon of April 14, 2025 as follows: The domestic pepper market is stable, sideways and anchored at a high level compared to yesterday. Currently, the average pepper purchase price in key areas is 155,300 VND/kg.

Specifically, today's pepper price in Gia Lai province is stable compared to yesterday's trading session, currently the pepper purchasing price in this locality is at 154,000 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau fluctuated little, staying at a high level, currently pepper is purchased at 155,000 VND/kg.

Pepper prices in Binh Phuoc have remained stable compared to the previous trading session, currently the pepper price is purchased at 154,000 VND/kg.

Dak Nong pepper price remains stable compared to yesterday, currently the pepper purchase price in this locality is at 156,500 VND/kg.

Pepper prices in Dak Lak have remained stable compared to the previous high session. Currently, pepper purchasing prices in this locality are the highest in the country at 157,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 14, 2025

Domestic pepper prices today fluctuated little, remaining flat and at a high level. According to statistics, last week, the domestic pepper market increased by 1,000 - 2,000 VND/kg.

Experts say that in early April 2025, when the US announced plans to impose a 46% reciprocal tax on Vietnam, pepper prices began to fall continuously. Importers stopped buying to wait for further moves from the leaders of the two countries. The market became stagnant, leading to a sharp drop in pepper prices.

However, the US later announced that it would postpone the imposition of reciprocal tariffs on Vietnam as well as some other partners for 90 days. The current tax rate on pepper is 10%, and immediately, importers increased their purchases.

Along with that, information about this year's harvest with lower output than last year is very popular in Vietnam. These factors have helped pepper prices increase again last week, and at the same time, the expectation is towards 160,000 VND/kg.

Farmers in Dak Nong province harvest pepper

According to assessments, key pepper growing areas across the country recorded a decrease in the 2025 crop yield compared to previous years. The reason was due to unfavorable weather during the flowering and fruiting stages of pepper plants. Limited supply resulted in a small amount of goods sold on the market, creating clear competition in purchasing activities.

Many farmers are now hoarding their products after harvest, instead of selling them immediately, with the expectation that pepper prices will continue to increase in the short term. The psychology of waiting for prices to increase among farmers, combined with strong purchasing demand from export enterprises, is becoming an important driving force to help domestic pepper prices increase again.

According to preliminary statistics of the Vietnam Pepper and Spice Association (VPSA), in March, Vietnam imported 4,940 tons of pepper of all kinds with a total turnover of 28.9 million USD. Compared to the previous month, the import volume increased by 68.7%, the turnover increased by 81.3% and compared to the same period in 2024, the import volume increased by 32.5%, the turnover increased by 104.9%.

Update world pepper prices on the afternoon of April 14, 2025

World pepper price forecast tomorrow April 15, 2025 remains stable.

According to forecast, world pepper prices will be stable tomorrow, but there will still be slight fluctuations between countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of April 14, 2025 as follows: the pepper market remains stable, sideways compared to previous consecutive increases and decreases.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,147 USD/ton; similarly, Muntok white pepper is currently purchased at 9,805 USD/ton.

The Malaysian pepper market remained stable compared to the most recent trading session. Currently, the price of Malaysian ASTA black pepper is purchased at 9,850 USD/ton and the price of ASTA white pepper is at 12,300 USD/ton.

Pepper prices in Brazil stabilized after previous slight increases, currently at $6,800/ton.

The Vietnamese pepper market has stabilized and is now flat. The current export price of Vietnamese black pepper is at 6,600 USD/ton for 500 g/l; 550 g/l is at 6,800 USD/ton and the price of white pepper is at 9,600 USD/ton.

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (April 15, 2025) on Congthuong.vn.