May 29, 2025 | 21:16 GMT +7

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Thursday- 21:16, 29/05/2025

Pepper prices on May 29, 2025: Vietnam’s prices fall sharply

(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.

Pepper prices on May 29 globally

Globally, pepper prices on May 29 are seeing a sharp decline in Vietnam’s export pepper segment.

Accordingly, the price of black pepper Lampung in Indonesia slightly decreased by 0.27%, down to $7,427/ton. Meanwhile, the price of white pepper Muntok fell by 0.3%, to the level of $10,125/ton.

The price of black pepper Kuching ASTA from Malaysia is at $9,150/ton; while white pepper ASTA from this country is currently priced at $11,850/ton.

In the Brazilian market, black pepper ASTA 570 is traded at around $6,650/ton.

In Vietnam, export black pepper with a density of 500 g/l is traded at $6,500/ton (a drop of 3.08%); while the 550 g/l type is at $6,600/ton (down 3.03%). Meanwhile, export white pepper is priced at $9,700/ton.

Global pepper prices today remain steady in Malaysia and for Brazilian black pepper, but drop sharply for Vietnam’s export pepper and slightly in Indonesia.

The Vietnam Pepper and Spice Association (VPSA) forecasts that pepper exports will continue to face challenges due to high prices and financial pressures. To sustain exports, businesses need to strengthen their presence in the EU, India, and Middle East markets, while also investing in deep processing and brand development.

Thus, global pepper prices on May 29, 2025, have dropped sharply compared to the previous day.

Pepper prices on May 29 domestically

In Vietnam, domestic pepper prices on May 29 remained unchanged from the previous day.

Latest domestic and global pepper prices on May 29, 2025

Latest domestic and global pepper prices on May 29, 2025

Specifically, in Dak Lak, black pepper is still being traded at VND 148,000/kg today.

In Dak Nong, the price of black pepper remains at VND 148,000/kg.

In Gia Lai, black pepper is being traded at VND 147,000/kg.

In Dong Nai, traders are purchasing black pepper at VND 147,000/kg.

In Ba Ria - Vung Tau, black pepper is maintaining a price level of VND 147,000/kg.

In Binh Phuoc, traders continue to buy black pepper at VND 147,000/kg.

Thus, the domestic pepper price on May 29, 2025 is trading around VND 147,000 – 148,000/kg.

$ 1 = VND 25.810 - Source: Vietcombank.

Author: Bang Nghiem

Translated by Hoang Duy

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