June 2, 2025 | 12:19 GMT +7
June 2, 2025 | 12:19 GMT +7
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Update on the latest pepper market price on 06/2/2023
Pepper prices on June 2 in the world market remained stable in all other countries.
Accordingly, the price of Lampung black pepper in Indonesia remained at $3,581/ton. And the price of Muntok white pepper in this country is $6,091/ton.
Malaysia's Kuching ASTA black pepper price remained stable at $4,900/ton; while the country's ASTA white pepper is still priced at $7,300/ton.
For the Brazilian market, the price of black pepper ASTA 570 is $2,950/ton.
In Vietnam, the export price of 500 and 550 g/l is black pepper at $3,500 and $3,600/ton, respectively. The export price of white pepper is $5,000/ton.
Today's world pepper price is maintained by the International Pepper Community at the level listed yesterday in all markets.
Thus, pepper price on 06/2/2023, in the world market is flat compared to yesterday.
Pepper's price on June 2 in the domestic market has no new changes compared to yesterday.
Specifically, Dak Lak and Dak Nong pepper prices today remained at VND 74,000/kg;
Today's pepper price in Gia Lai was also flat, trading at VND 72,500/kg;
Pepper price today in Dong Nai remained unchanged, purchased at VND 73,000/kg;
The latest pepper price today in Ba Ria - Vung Tau remained at VND 75,500/kg;
And Binh Phuoc pepper price on June 2 continues to trade at VND 75,000/kg.
Domestic pepper prices continued to move sideways today in the context of high coffee prices. Currently, the domestic pepper market is holding the highest price of VND 75,500/kg.
According to statistics of the General Department of Customs in April 2023, businesses have exported 102,539 tons of pepper, up 32.1% (24,929 tons) over the same period last year. However, due to the decrease in pepper price, the export turnover of the industry only reached $ 316.6 million, down 12.4%.
According to the Vietnam Pepper and Spices Association (VPSA), China has surpassed the US to become the largest pepper export market of Vietnam in the first 4 months of this year. The volume reached 35,914 tons, which increased more than 15 times (1.430%) over the same period.
And it far exceeds the 20,498 tons that Vietnam exported to this market in the last year. In terms of proportion, China accounts for 35% of the total export volume of our country compared to a modest figure of 3% in the 4 months of 2022.
In April alone, Vietnam's pepper exports to China reached 9,995 tons, down 36.4% compared to the record 15,710 tons in March. This is a 48 times increase (4.682%) compared to April 2022.
Thus, pepper price on 06/2/2023 in the domestic market is trading around VND 72,500 - 75,500/kg.
$1 = VND 23,280.00 - Source: Vietcombank
Translated by Hoang Duy
(VAN) Coffee prices on May 29, 2025, are fluctuating. The domestic coffee market declined, dropping by VND 2,200, trading at VND 119,700 – VND 120,000/kg.
(VAN) Pepper prices on May 29, 2025 declined sharply. Domestic pepper prices in Vietnam remain stable, Trading at VND 147,000 to VND 148,000/kg.
(VAN) Rubber prices on May 28, 2025 are maintaining an upward trend. Domestic latex prices remain stable, trading in the range of VND 397 to VND 462/TSC.
(VAN) Coffee prices on May 28, 2025, show mixed movements. Domestically, prices dropped sharply by VND 1,600, trading at VND 121,700 – VND 122,200/kg.
(VAN) Pepper prices on May 28, 2025, remained unchanged globally. Domestic pepper prices have increased by VND 1,500, trading at VND 147,000 – VND 148,000/kg.
(VAN) Rice prices on May 27, 2025, show no new changes for both paddy and milled rice. Meanwhile, Vietnam’s export rice prices continue to remain flat.
(VAN) Pepper prices on May 27, 2025, recorded a slight increase in Indonesia, while domestic prices remain stable, trading at VND 146,000 to VND 147,000/kg.