Forecast for domestic pepper price tomorrow, April 30, 2025, the market is stable and slightly decreased.

Today's pepper price was updated on the afternoon of April 29, 2025 as follows: The domestic pepper market remained stable and anchored at a high level. However, the pepper price in Gia Lai decreased slightly, down 500 VND/kg compared to the previous session. Currently, the average pepper purchase price in key areas is 155,200 VND/kg.

Specifically, today's pepper price in Gia Lai province decreased slightly, down 500 VND/kg compared to the previous trading session, currently the pepper purchase price in this locality is at 154,000 VND/kg.

Pepper prices in Ba Ria - Vung Tau are also on a stable trend, currently pepper is purchased at 155,000 VND/kg.

Pepper prices in Binh Phuoc fluctuated little compared to the previous trading session. Currently, the pepper purchasing price in this locality is at 155,000 VND/kg.

Dak Nong and Dak Lak pepper prices are stable and at a high level. Currently, the pepper purchase price in these two localities is at 156,000 VND/kg.

Domestic pepper prices updated on the afternoon of April 29, 2025

Experts say the domestic pepper market is currently stable ahead of the holiday, with prices showing no major fluctuations. In the short term, prices are expected to increase slightly due to limited supply and high export demand. Farmers and businesses need to focus on quality and sustainability to take advantage of opportunities from the international market.

This stability is mainly due to the fact that the market is in the holiday season, which reduces consumption demand and limits supply. In addition, farmers and exporters tend to hold on to their goods instead of selling them immediately.

In the short term, pepper prices may remain stable or increase slightly after the holiday due to limited supply, reduced output and high demand from major export markets such as the US and China.

Farmers in Dak Nong province harvest pepper

Ptexim's recent report shows that demand in major markets such as the EU and Asia is improving, while China continues to buy at a slow pace.

In the first quarter of 2025, China’s pepper imports from Vietnam increased by 87.8% year-on-year, but the country still maintained cautious purchases. Current pepper import volumes are still 92.2% lower than in 2023, suggesting that this is more of a strategic activity than a reflection of urgent demand.

For the US market, demand for long-term pepper orders in the third and fourth quarters of 2025 is quite positive, demonstrating strong confidence in market stability as well as the possibility of future supply shortages.

However, pepper exporting companies have almost not offered long-term contracts due to predictions that the market will continue to increase prices in 2025 and 2026.

Update world pepper prices on the afternoon of April 29, 2025

Forecast of world pepper price tomorrow April 30, 2025, the market remains stable.

According to forecast, world pepper prices will fluctuate slightly tomorrow; however, there will still be fluctuations and stability in countries.

Update on world pepper prices from the International Pepper Community (IPC) on the afternoon of April 29, 2025 as follows: the pepper market tends to be stable and sideways.

Specifically, IPC listed the price of Indonesian Lampung black pepper at 7,126 USD/ton; similarly, Muntok white pepper is currently purchased at 9,643 USD/ton.

The Malaysian pepper market remained stable after many previous declines. Currently, the price of Malaysian ASTA black pepper is purchased at 9,300 USD/ton and the price of ASTA white pepper is at 11,900 USD/ton.

Pepper prices in Brazil remained stable, with little change compared to the previous trading session. The current purchase price is 6,900 USD/ton.

The Vietnamese pepper market continues to move sideways and stabilize. Currently, the export price of Vietnamese black pepper is at 6,800 USD/ton for 500 g/l; 550 g/l is at 6,900 USD/ton and the price of white pepper is at 9,800 USD/ton.

*The above pepper price forecast is for reference only, the actual price will be officially available early tomorrow morning (April 30, 2025) on Congthuong.vn.