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Black and white pepper prices closed firmer as expected with a smart gain of Vietnam Dongs 5000 per kilo ( USD 190 pmt) with most of the carryover and 2025 crop liquidated. Local prices of Black has been moving in a very narrow range of 147000- 152000 Vietnam Dongs Per kilo for the last 6 months and business happening only for near by shipment. Our farm visit since Monday clearly indicates the crop of 2026 is going to be much smaller than earlier [...]
Pepper prices remained flat in week 38 with very minor fluctuations in the local market.The main reason for slight easing of prices was due to the Chinese Withdrawal from the market for two weeks holiday and will be back only on October 5th . Local traders and exporters who were vying with the Chinese for raw material reduced their aggressive buying and the market paused. Vietnam has imported 35522 metric tons till mid September mostly from Brazil followed by Indonesia [...]
We’re seeing a consolidation in black and white pepper prices across Asian origins. This is primarily due to declining production, climate change, and strong demand from major markets. There’s been a buying frenzy from all five continents as pipeline stocks are emptying and stockpiles in importing countries are depleting. This is happening because replacement costs are high, and Brazilian pepper, despite being priced slightly below Vietnamese pepper, isn’t attractive enough for traders .It’s noteworthy that despite a 50% tariff on [...]
From January through August 2025, Vietnam exported pepper valued at $1.06 billion, totaling 166,000 metric tons. This volume comprised 143,000 metric tons of black pepper and 23,000 metric tons of white pepper. To support these exports, Vietnam imported 18,000 metric tons from Brazil, 9,000 metric tons from Cambodia, and 7,000 metric tons from Indonesia. The estimated 2025 crop for Vietnam is approximately 180,000 metric tons, with a potential variation of plus or minus 10,000 metric tons. Additionally, the carry-forward stock [...]
This update details the current market situation for black and white pepper, noting significant price increases and supply challenges. In Week 34 and Week 35, black and white pepper prices across all producing regions in Asia and South America saw an increase of almost 12%. This surge coincides with a significant reduction in August exports from Brazil, which fell to just 167 tons to Vietnam, Brazil’s largest trading partner and importer of black pepper. The Indonesian crop for 2025 is experiencing delays [...]
Today, black and white pepper prices opened very firm, with multinational companies actively purchasing available stock. This strong demand has pushed local prices higher, and we’ve been feeling a squeeze in supplies over the past two weeks. Prices opened at 150,000 Vietnam Dongs per Kilo. After a few lots were traded at this price, sellers began to withdraw due to a lack of offers from the farming side. Following are the FOB price quotes for the Day from indicative prices we [...]
Market Summary & Key Developments (August 2025) Brazilian Pepper Exports – Major Setback US Tariff Impact: The Trump administration’s 50% tariff, coupled with transhipment restrictions, has crippled Brazil’s ability to export pepper to Vietnam and re-export to the USA. Mislabeling Concerns: Past mislabeling (Brazilian pepper declared as Vietnamese) has now triggered scrutiny by Vietnamese Customs, especially for overdue re-exports. August Exports: Only 163 MT exported from Brazil in early August – all-time low, signaling market distress. Vietnamese Market Reaction Surge in Local Prices: Prices jumped from140,000 VND/kg to 146–147,000 VND/kg, with no [...]
We’re seeing a significant surge in black and white pepper prices in Vietnam for the fourth consecutive day. Major exporters are actively in the market as third-quarter coverage gets underway. With the tariff decision finalized, Vietnam has emerged as the most cost-effective origin and the country with the cheapest tariffs. This has prompted USA buyers, who had been delaying their purchases, to enter the market. Already, 142,000 metric tons of pepper from the 2025 crop have been exported, leaving a [...]
Black pepper prices closed slightly lower today, despite strong export figures for the first 15 days of July. Exports totaled 10,000 metric tons during this period, bringing the total from January 1st to July 15th, 2025, to 135,000 metric tons. Regarding supply, imports through July 15th, 2025, starting from January, reached 30,032 metric tons. With a carry-over of 45,000 metric tons and an estimated crop of 170,000 metric tons, we are left with 100,000 metric tons until the new crop [...]
We’ve observed significant activity in the black and white pepper markets this week, driven by strong global buying interest. US grinders, in particular, have been looking to purchase through the first quarter of 2026 at current prices. Exporters have secured orders for near-month shipments, and we’ve heard that multinational companies have sold for the last quarter of 2025 and the first quarter of 2026 at $6650-6800 FOB HCMC for 570 GL Asta cleaned pepper. Locally, with limited sellers and [...]
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