14/09/2026
PEPPER MARKET INTELLIGENCE FOR EUROPEAN BUYERS – WEEK 38
BRAZIL + VIETNAM
Vietnam FOB Prices Move Higher — While Export Momentum Slows
Vietnam pepper prices moved higher this week, providing industrial buyers with an important market signal.
The interesting point is that this is happening while recent export shipment momentum has slowed.
VIETNAM | HIGHER REPLACEMENT LEVELS
Domestic black pepper closed at around VND 139,500/kg in the market information received by Brazspice, approximately 0.7% higher week on week.
At the same time, Vietnam exported approximately 190,153 MT during January–August, +14.2% year on year. However, August represented the fourth consecutive monthly decline in shipment volume.
For buyers, these two developments should not be viewed as contradictory.
Selective farmer selling, available raw-material quality and replacement costs can support export prices even when short-term shipment volumes are slowing.
CURRENT VIETNAM EXPORT SUPPLY PROGRAM
Conventional Black Pepper — Steam Sterilized
550 g/l Double Cleaned
USD 6,655/MT FOB | EUR 5,741/MT
570 g/l Double Cleaned
USD 6,770/MT FOB | EUR 5,840/MT
Organic Programs — EU & FDA — Steam Sterilized
Organic Black Pepper — Steam Sterilized
USD 9,320/MT FOB | EUR 8,040/MT
Organic White Pepper 630 g/l — Steam Sterilized
USD 12,725/MT FOB | EUR 10,977/MT
Pesticides Guarantee & EU + USD 180/MT, subject to the agreed analytical scope and exporter confirmation.
Compared with Week 37, Vietnam FOB levels increased:
550 g/l + USD 120/MT
570 g/l + USD 125/MT
Organic Black + USD 170/MT
Organic White + USD 170/MT
BRAZIL | FOB ASSESSMENT UNDER REVIEW
Brazspice does not have sufficient new executable Brazil exporter information this week to publish a dependable Brazil FOB assessment.
Rather than estimate a number, we maintain:
BRAZSPICE BRAZIL FOB ASSESSMENT: UNDER REVIEW
The latest available external IPC ASTA 570 reference remains an important directional benchmark, but should not be interpreted as an executable Brazspice offer.
BUYER STRATEGY | READ BEYOND THE EXPORT VOLUME
Strong year-to-date exports do not automatically mean today's shipment pace is accelerating.
Likewise, slowing monthly exports do not automatically mean prices should fall.
For industrial buyers, the more useful questions are:
How much suitable raw material is actually available?
At what replacement cost?
How actively are farmers selling?
And what price must an exporter pay today to replace the pepper being shipped?
That is where current procurement pressure can become visible before annual export statistics tell the complete story.
BRAZSPICE PROCUREMENT SIGNAL: MONITOR CLOSELY
Vietnam FOB prices have moved higher. Brazil price visibility remains limited. Buyers with Q4 requirements should continue comparing origins, specifications, treatment, logistics and landed procurement costs rather than relying on headline export volumes alone.
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