Pepper price today March 16, 2025: Sharp decline

Published Mar 16, 2025

Tridge summary

As of March 16, 2025, global pepper prices remained stable with slight increases in the prices of Lampung black pepper in Indonesia and Muntok white pepper, and a decrease in the export price of black pepper in Vietnam. The domestic pepper price in Vietnam, however, saw a significant drop of VND1,500 - 2,000, trading around 157,500 - 159,000 VND/kg. In 2024, Vietnam's pepper exports are projected to reach 1.32 billion USD with an output of 200,000 tons, and in 2025, they could potentially hit 1.5 billion USD due to the country's dominant global market share.

Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Pepper price today, March 16, latest in the world In the world, the latest pepper price on March 16 remained stable. Accordingly, the price of Lampung black pepper in Indonesia increased slightly by 0.15%; to 7,265 USD/ton. The price of Muntok white pepper also increased by 0.15%; at 10,252 USD/ton. The price of Kuching ASTA black pepper in Malaysia is 9,800 USD/ton; while the price of ASTA white pepper in this country reached 12,300 USD/ton. For the Brazilian market, the price of ASTA 570 black pepper is traded at 6,900 USD/ton. In Vietnam, the export price of black pepper decreased simultaneously when the 500 g/l type was traded at 7,000 USD/ton; and the 550 g/l type is at 7,200 USD/ton. Similarly, the export price of white pepper is at 10,000 USD/ton. There are no new fluctuations in world pepper prices today. In summary this week, the global pepper market fluctuated in opposite directions. In which, the price of Indonesian black pepper decreased sharply by 1.5% but ...

Source: Agriculture