March 10, 2025 | 22:36 GMT +7
March 10, 2025 | 22:36 GMT +7
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Globally, pepper prices remain unchanged as of March 10.
Specifically, black pepper Lampung in Indonesia holds at $ 7,376/ton, while white pepper Muntok stays at $ 10,242/ton.
In Malaysia, black pepper Kuching ASTA is priced at $ 9,800/ton, and white pepper ASTA reaches $ 12,300/ton.
In Brazil, black pepper ASTA 570 remains at $ 6,850/ton.
In Vietnam, black pepper 500 g/l is trading at $ 7,000/ton, while 550 g/l is at $ 7,200/ton. Similarly, white pepper for export is priced at $ 10,000/ton.
Global pepper prices show no new fluctuations today, though the market performed well over the past week.
Specifically, Indonesia's pepper prices rose by 1.95 - 2.84%, while Malaysia's prices increased by 2.5 - 3.16%. Meanwhile, Brazil's black pepper remained stable, and Vietnam’s export pepper prices increased by 1.01 - 1.45%.
India's pepper prices have surged over 40% in the past two years, with experts warning of further increases due to declining production in key growing regions. Tight supply caused by adverse weather, lower stock levels, and shifts in cultivation patterns among major producing countries have contributed to the price surge.
Update on domestic and global pepper prices on March 10, 2025
Thus, the world pepper price on March 10, 2025, remains stable compared to yesterday.
In the domestic market, the pepper price on March 10 has not changed compared to yesterday.
Specifically, Dak Lak is still trading around VND 161,000/kg today;
The pepper price in Dak Nong remains at the level of VND 162,000/kg today;
Gia Lai is trading at the level of VND 159,000/kg today;
Traders in Dong Nai are still buying pepper at the price of VND 159,000/kg;
The price of pepper in Ba Ria - Vung Tau today also holds at VND 159,000/kg;
Traders in Binh Phuoc continue to trade at the price of VND 159,000/kg.
Thus, the domestic pepper price on March 10, 2025 is trading around VND 159,000 - 162,000/kg.
$ 1 = VND 25.300 - Source: Vietcombank.
Translated by Hoang Duy
(VAN) Higher sugar, dairy, and vegetable oil prices drive the overall increase.
(VAN) The low supply and slow 2025 harvest is causing pepper prices to be high right from the beginning of the year in both domestic and export markets.
(VAN) Experts warn the price of groceries may rise because of the tariffs imposed Tuesday on Canada, Mexico and China, but before the produce lands on shelves, farmers will be affected first.
(VAN) Survey results involving nearly 28,400 samples from 95 countries across the globe have found an increasing rise in mycotoxins last year.
(VAN) Pepper prices on March 5, 2025, continue to rise in Indonesia. Domestic pepper prices have increased by VND 200 - VND 1,000.
(VAN) Coffee prices on March 5, 2025, continue to rise. Domestic coffee prices have surged by another VND 2,000, trading around VND 133,000 - VND 135,100/kg.