07
Jul
Vietnam’s pepper prices have been fluctuating due to various market dynamics. Here’s a review of the current market situation:
*Current Prices:*
– Black pepper (500 g/l) prices range from $ 5 800 to $6,000 per ton, while white pepper prices are stable at $9200 per ton. Local prices in Vietnam were around 148,000 VND per kilogram, showing a 10% increase due to rising demand from key markets like the European Union and Asia and finalisation of 20% Tariff on Vietnam originating produces and Products
*Market Trends:*
*Limited Supply*:
Vietnam’s pepper production is expected to decrease or remain stable at around 180,000 metric tons, supporting export prices.
*Steady Demand*:
Global demand for pepper is projected to remain steady, with a slight increase expected in 3 rd and 4 th Quarter of 2025.
*Competition*: Vietnam faces competition from other major pepper-producing countries like Brazil and Indonesia.Brazil exports in the first 5 months was 44000 mt and Vietnam remained their major destination and Indonesia exported 18000 mts in the first 5 months and again Vietnam continue to be the major importer
*Challenges:*
– *Drought Impact*: A prolonged drought earlier in the year delayed the 2025 harvest by two months, affecting crop quality.
Global Market Conditions*: Interest rate cuts by the US Federal Reserve may lead to higher prices for pepper in US dollars.
*Export Scenario:*
– Vietnam exported 120,000 tons of pepper in the first four months of 2025
Following were the indicative prices at close of week 26
Whole Black Pepper 500 gl Asta Cleaned Max 10% Light Berries and 0.5 % Extraneous Matter and Moisture Max 12% US$ 6250
Whole Black Pepper 550 gl Asta Cleaned Max 10% Light Berries and 0.2 % Extraneous Matter and Moisture Max 12% US $ 6350
Whole Black Pepper 570 gl Asta Cleaned Max 2% Light Berries and 0. 2% Extraneous Matter and Moisture Max 12% US$ 6475
DW White Asta cleaned traditionally
Processed USD 9250 pmt
Best Rgds
Jojan Malayil
+ 91 9895424290
+ 84 844 594 763
United Spice Company Limited
Lot D, D2&N2 Street, Nam Tan Uyen Industrial Zone, Tan Hiep Ward, Ho Chi Minh City, Vietnam
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