Vietnam Pepper Update

Black Pepper

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On April 27, the Vietnam pepper prices ranges from 96,000 to 97,000 VND/kg. In Dak Lak province, pepper is being purchased at 98,000 VND/kg, while in Dak Nong province, it stands at 97,000 VND/kg. Gia Lai province sees pepper priced at 97,500 VND/kg, similar to Dong Nai province. In Ba Ria - Vung Tau province, the price reaches 98,000 VND/kg, and in Binh Phuoc province, it is at 97,000 VND/kg.

Despite recent declines, pepper prices have slightly risen ahead of the April 30 - May 1 holiday.

Despite a recent harvest and ample supply, Vietnam pepper market prices have increased supporting the raising concerns about potential supply shortages due to ongoing drought conditions.