Pepper price forecast for tomorrow, August 3, 2025: Vietnamese pepper "reduces burden", will the value increase again?

Pepper price on August 3, 2025 is stable, Vietnamese pepper benefits from the US tax reduction to 20%. Increasing demand, competition with India, prices may increase in the long term.

Update pepper price on August 2, 2025

Pepper prices today, August 2, 2025, in the Central Highlands and Southeast regions did not record any new fluctuations, prices remained unchanged compared to the previous day.

Specifically, in the Central Highlands, Gia Lai recorded 139,000 VND/kg (unchanged compared to yesterday), Dak Lak was 139,500 VND/kg (also unchanged compared to yesterday) and Dak Nong (now merged into Lam Dong) was at 140,000 VND/kg (price unchanged compared to yesterday).

In the Southeast, Ho Chi Minh City and Dong Nai both maintained the price at 139,000 VND/kg (stable compared to yesterday).

In the global market, pepper prices today, August 2, 2025, remained stable with some slight fluctuations. According to information from the International Pepper Community (IPC):

For black pepper:

Indonesian black pepper: 7,063 USD/ton, down 0.21% compared to yesterday. The converted price to VND/kg is 186,393 VND/kg.

Brazilian black pepper ASTA 570: Remains at USD 6,000/ton, unchanged. Converted price to VND/kg is VND 158,340/kg.

Malaysian ASTA black pepper: USD 8,900/ton, unchanged. Converted price to VND/kg is VND 234,871/kg.

Vietnamese black pepper 500 g/l: 6,140 USD/ton, unchanged. Converted price to VND/kg is 162,035 VND/kg.

Vietnamese black pepper 550 g/l: 6,270 USD/ton, unchanged. Converted price to VND/kg is 165,466 VND/kg.

For white pepper:

Indonesian white pepper: 9,873 USD/ton, down 0.21% compared to yesterday. The converted price to VND/kg is 260,549 VND/kg.

Malaysian ASTA white pepper: 11,750 USD/ton, unchanged. Converted price to VND/kg is 310,083 VND/kg.

Vietnam ASTA white pepper: 8,850 USD/ton, unchanged. Converted price to VND/kg is 233,552 VND/kg.

News, pepper price forecast tomorrow 8/3/2025

The global pepper market is showing signs of stability, however, factors such as tariff policies from the US and import demand from major markets will continue to impact prices.

The US's reduction of tax on Vietnamese pepper from 46% to 20% is a positive signal, giving Vietnamese pepper a great competitive advantage and is expected to see a sharp increase in orders in the fourth quarter of 2025 and the first quarter of 2026.

Import demand from the US is expected to increase sharply as businesses build inventories for the peak consumption season.

Meanwhile, the depreciation of the Indian Rupee against the USD could continue to put downward pressure on Indian pepper prices, creating price competition in the international market.

Overall, pepper prices in the short term will likely remain stable, but in the long term, with the advantage of the new US tax policy, Vietnamese pepper has great potential to consolidate its position and prices can grow positively.

Source: https://baodanang.vn/du-bao-gia-tieu-ngay-mai-3-8-2025-tieu-viet-giam-ganh-lieu-gia-tri-lai-tang-3298507.html