Pepper price today June 16, 2025: Sharp decrease compared to last week

Domestic pepper price

Pepper prices today in key growing areas continued to decrease sharply compared to yesterday. Thereby, the domestic pepper price level is from 137,000 VND/kg to 138,000 VND/kg.

In the Central Highlands region, pepper price today in Dak Lak decreased sharply by 2,000 VND/kg compared to yesterday, currently at 138,000 VND/kg.

Pepper price today in Gia Lai decreased by 2,000 VND/kg compared to yesterday, currently at 137,000 VND/kg.

Pepper price today in Dak Nong decreased by 2,000 VND/kg compared to yesterday, currently at 137,000 VND/kg.

In the Southeast region, pepper price today in Ba Ria - Vung Tau is currently at 137,000 VND/kg, down 2,000 VND/kg compared to yesterday. Dong Nai decreased 2,000 VND/kg compared to yesterday at 137,000 VND/kg.

In addition, pepper price today in Binh Phuoc decreased by 2,000 VND/kg compared to yesterday, currently at 137,000 VND/kg.

Overall, domestic pepper prices have decreased by 5,000 to 6,000 VND/kg compared to last week. Dak Nong recorded a decrease of 6,000 VND/kg, while the remaining localities decreased by 5,000 VND/kg.

In Vietnam, domestic pepper prices remain stable in the context of supply and demand not having many positive changes. The Import-Export Department (Ministry of Industry and Trade) assessed that in the short term, prices may stabilize or decrease slightly due to unstable export demand, while supply remains quite tight after the harvest season.

Harris Spice Company said that the domestic harvest is gradually ending, causing the additional supply to the market to tend to decrease, however, pepper prices have not increased sharply due to weak international demand, and import businesses are still cautious in signing contracts amid trade tensions and global tariff fluctuations.

Pepper price today June 16 in the 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 all types of pepper traded in the international market on June 14 (local time) as follows:

Indonesian Lampung black pepper prices remained unchanged from yesterday at $7,500/ton. Meanwhile, Muntok white pepper prices were also unchanged from yesterday at $10,132/ton.

Brazilian black pepper ASTA 570 price remained unchanged from yesterday at $6,175/mt.

Malaysia’s ASTA black pepper price remained unchanged from yesterday at $9,100/ton. Meanwhile, the country’s ASTA white pepper price remained unchanged from yesterday at $11,850/ton.

Prices of all types of pepper in Vietnam remained unchanged compared to yesterday. Of which, the price of Vietnamese black pepper 500 gr/l reached 6,300 USD/ton; 550 gr/l reached 6,400 USD/ton.

Similarly, Vietnam's white pepper price remained unchanged from yesterday at $9,300/ton.

Global pepper market gloomy amid peak season

Last week, world pepper prices recorded slight fluctuations with a clear differentiation trend between major producing countries. According to the International Pepper Community (IPC), black pepper prices in Indonesia increased by 0.85% and Brazil increased by 0.41%, while Muntok white pepper (Indonesia) decreased slightly by 0.1% compared to the previous week.

Normally, the pepper market is at its busiest from April onwards. But this year, the market picture is relatively gloomy. Low demand, limited trading activities and the psychology of waiting for lower prices are dominating the behavior of importers and traders.

In addition, the weakening trend of coffee prices due to forecasts of increased output in the next crop also affects the general sentiment in the agricultural market, including pepper.

According to Harris Spice, in the medium term, pepper prices will fluctuate within a narrow range, as Vietnam still has a certain amount of inventory. However, if there are signs of increased demand from major markets, expectations of recovery will be clearer.

In the medium and long term, the new crop from Brazil and Indonesia expected to hit the market in mid-year will be a factor that can put pressure on prices, or help the market establish a new price level if accompanied by increased demand.