Update pepper price situation yesterday
Pepper prices remain stable nationwide for 2 days
According to records from the main growing areas in the Central Highlands and the Southeast, pepper prices on August 4, 2025 did not have any fluctuations compared to the previous day. This is a rare event, causing many people to worry about the possibility that the market has peaked. Specifically:
Central Highlands: Gia Lai maintains 139,000 VND/kg, Dak Lak maintains 139,500 VND/kg.
Southeast: Ho Chi Minh City and Dong Nai are both stable at 139,000 VND/kg.
It is worth mentioning that in Dak Nong - now merged into Lam Dong, pepper prices reached the highest level nationwide: 140,000 VND/kg. This price is significantly higher than in neighboring regions, creating a big difference.
The world market also has no fluctuations.
The slowdown has not only occurred in Vietnam but also spread to international markets. Pepper prices in major exporting countries have remained stable, signaling a general "resting" period for the market.
Indonesia: Lampung black pepper remained at 7,063 USD/ton, Muntok white pepper at 9,873 USD/ton.
Malaysia: ASTA black pepper maintained at 8,900 USD/ton, ASTA white pepper at 11,750 USD/ton.
Brazil: Black pepper ASTA 570 stable at USD 6,000/ton.
Vietnam's pepper export prices are similar. Black pepper 500g/l and 550g/l remained at $6,140/ton and $6,270/ton, respectively, while white pepper was $8,850/ton.
News, pepper price forecast tomorrow August 5, 2025
Pepper price on August 5, 2025 in the country
According to experts, domestic pepper prices on August 5, 2025 are likely to remain high, and may even increase slightly. Pepper prices are forecast to fluctuate between VND 139,000 - 141,000/kg. In key areas such as Dak Lak and Lam Dong, prices may increase by VND 1,000 - 2,000/kg if exports improve and domestic supply dries up.
The positive forecasts are due to the increasingly limited supply of pepper. Harvesting in many major growing regions has ended early, while new supplies are not sufficient to replenish. In addition, dry weather has affected productivity in some areas of the Central Highlands, adding to concerns about supply.
Pepper price on August 5, 2025 on the world market
In the world market, pepper prices are being greatly affected by the new trade policy of the US. The administration of President Donald Trump may impose a 25% tax on imported spices from India, making products such as pepper, turmeric, and ginger from this country less competitive than those from Vietnam and Indonesia.
This is seen as a golden opportunity for Vietnamese exporters. While Indian products may be subject to a 25% tariff, Vietnamese pepper is only subject to a 20% tariff. This difference could help Vietnam and Indonesia gain more market share in the US market, which is India’s second-largest spice export market. Indian exporters have also expressed concerns about the risk of losing orders and a short-term drop in revenue.
General future trends
Overall, the upward trend in pepper prices remains solid. Limited supply and Vietnam’s position as the world’s largest supplier, accounting for more than 50% of global exports, are key factors that make it difficult for pepper prices to fall sharply.
However, the market still has some potential risks that need to be monitored. Pepper prices in Brazil and Indonesia may recover, creating competitive pressure. In addition, problems in VAT refund policies may affect Vietnam's export activities. These are factors that may cause pepper prices to stagnate or adjust slightly in the short term.
Source: https://baodanang.vn/du-bao-gia-tieu-ngay-mai-5-8-2025-chuan-bi-don-co-hoi-vang-tu-my-3298641.html
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