Forecast of domestic pepper price tomorrow, April 16, 2025, continues to increase.

Today's pepper price was updated on the afternoon of April 15, 2025 as follows: The domestic pepper market continued to increase compared to yesterday, an increase of 1,000 - 1,500 VND/kg. Currently, the average pepper purchase price in key areas is 156,600 VND/kg.

Specifically, pepper prices today in Gia Lai province rebounded, an increase of 1,500 VND/kg compared to yesterday, currently the pepper purchasing price in this locality is at 155,500 VND/kg.

Similarly, pepper prices in Ba Ria - Vung Tau also increased, increasing by 1,000 VND/kg compared to yesterday, currently pepper is purchased at 156,000 VND/kg.

Pepper prices in Binh Phuoc also increased again, an increase of 1,500 VND/kg compared to the previous trading session, currently the pepper price is purchased at 155,500 VND/kg.

Dak Nong pepper price rebounded compared to previous flat sessions, an increase of 1,500 VND/kg, currently the pepper purchasing price in this locality is at 158,000 VND/kg.

Pepper prices in Dak Lak have also increased again, an increase of 1,000 VND/kg compared to yesterday. Currently, the pepper purchase price in this locality is the highest in the country at 158,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 15, 2025

Experts say that domestic pepper prices are on the path to strong recovery after a period of stagnation due to the impact of the US imposing high reciprocal taxes on Vietnamese goods, including pepper.

However, after the announcement of a 90-day suspension of this tax rate, purchasing activities from international importers immediately became active again.

The move to postpone the tax not only helps relieve the waiting mentality in the market but also encourages import businesses to boost transactions to avoid cost risks after the extension period expires.

Farmers in Gia Lai province harvest pepper.

Pepper traders say that previously, pepper exported to the US was almost tax-free. However, many shipments on their way to the US will now face a new 10% tax, even though contracts were signed before the tax announcement. This means that import partners may renegotiate prices when the goods arrive at the port.

Immediately after the tax information was announced, importers increased purchases due to concerns that the tax rate after the 90-day delay could be even higher.

According to the Vietnam Pepper and Spice Association (VPSA), Vietnam currently maintains its position as the world's leading pepper exporter. In 2024 alone, the total global pepper export volume reached 451,265 tons, of which Vietnam contributed 250,600 tons - accounting for more than half of the global output. In addition to relying on domestic raw materials, Vietnam also proactively imports pepper from many other countries for processing and re-export.

Update world pepper prices on the afternoon of April 15, 2025

World pepper price forecast tomorrow April 16, 2025 will increase slightly.

According to forecast, world pepper prices tomorrow will be stable, slightly increasing, 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 15, 2025 as follows: pepper markets increased and decreased sharply between countries. Of which, the market in Malaysia decreased the most, with a decrease of 200 - 250 USD/ton; the Indonesian market decreased from 66 - 130 USD/ton. In contrast, the Brazilian pepper market increased slightly with an increase of 50 USD/ton; Vietnam's pepper export price was stable.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,081 USD/ton; similarly, Muntok white pepper is currently purchased at 9,675 USD/ton.

The Malaysian pepper market has decreased sharply compared to the most recent trading session. Currently, the price of Malaysian ASTA black pepper is purchased at 9,600 USD/ton and the price of ASTA white pepper is at 12,100 USD/ton.

Pepper prices in Brazil increased slightly after previous stable sessions, currently the purchase price reached 6,850 USD/ton.

Vietnam's pepper market is stable and flat. Currently, the 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 16, 2025) on Congthuong.vn.