May 30, 2025 | 10:26 GMT +7

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Friday- 20:15, 18/04/2025

Pepper prices on April 18, 2025: Slight increase in Gia Lai

(VAN) Pepper prices on April 18, 2025, remained flat globally, domestic prices rose slightly by VND 500 in Gia Lai, trading at VND 157,000–159,000/kg.

Pepper prices on April 18 globally

Globally, the latest pepper prices, as of April 18, remained unchanged across the board.

Accordingly, the price of black pepper (Lampung) in Indonesia remained steady at $7,051/ton, while white pepper (Muntok) remained at $9,634/ton.

In Malaysia, the price of Kuching ASTA black pepper remained at $9,600/ton, and white pepper ASTA also held firm at $12,100/ton.

In the Brazilian market, black pepper ASTA 570 was traded at around $ 6,850/ton.

In Vietnam, the export price of black pepper, grade 500 g/l, stood at $6,800/ton, while grade 550 g/l was priced at $6,900/ton. The export price of white pepper remained at $ 9,800/ton.

Global pepper prices today remain stable. In its March report, Harris Spice stated that although the harvest has begun in most regions of Vietnam, the volume of goods entering the market remains low, which supports current price levels.

In addition, demand from traders and speculators has also influenced the market, while buyers are currently showing a highly cautious approach.

This year, the pepper harvest in Vietnam is about a month behind schedule due to unseasonal rains at the beginning of the month. Although production is forecasted to be fairly positive in the Central Highlands provinces, farmers are holding back their stocks thanks to strong coffee prices this year, which enhances their tendency to hoard.

Latest domestic and global pepper prices on April 18, 2025

Latest domestic and global pepper prices on April 18, 2025

Thus, global pepper prices on April 18, 2025, remained unchanged compared to the previous day.

Pepper prices on April 18 domestically

In the domestic market, pepper prices on April 18 showed little change compared to the previous day.

Specifically, Dak Lak continued to trade at VND 159,000/kg.

In Dak Nong, pepper prices also held steady at VND 159,000/kg.

In Gia Lai, prices increased by VND 500 today, reaching VND 157,000/kg.

Traders in Dong Nai continued purchasing pepper at VND 157,000/kg.

Pepper prices in Ba Ria – Vung Tau held at VND 157,000/kg.

In Binh Phuoc, traders were also transacting at VND 157,000/kg.

Thus, domestic pepper prices on April 18, 2025, are being traded in the range of VND 157,000–159,000/kg.

$ 1 = VND 25.710 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

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