18/08/2026
🌿 SPICES MARKET UPDATE - JULY OVERVIEW & WEEK 32, 2026 📈
Here are the key takeaways from our comprehensive July and Week 32 report:
🔹 Black Pepper Price & Export Milestones
• Domestic black pepper prices remained stable, closing the week at 139,500 VND/kg after a fleeting mid-week rise to 140,000 VND/kg. Overall, the price is down 8.2% from January 1, 2026.
• In July 2026, Vietnam exported 22,743 tonnes of pepper, up 8.8% year-on-year.
• For the first seven months of 2026, the industry achieved a billion-dollar milestone: exporting 168,429 tonnes for $1.087 billion, a 16.1% increase in volume compared to the same period in 2025.
🔹 Import Sourcing Shifts
• Vietnam's pepper import mix has shifted dramatically. Sourcing has quietly re-centered on Cambodia, which now supplies over half (51.9%) of all inbound volume, representing a massive 256% year-on-year surge.
🔹 Cassia & Star Anise Highlights
• Cassia: July 2026 exports reached 11,788 tonnes, marking a 13.6% increase compared to July 2025.
• Star Anise: Despite a year-to-date decline, July shipments saw a massive 97.8% year-on-year jump, reaching 1,191 tonnes.
🔹 Weather Warnings & Crop Risks
• From August to October, Vietnam's pepper crop enters a highly sensitive phase.
• Recent scattered thunderstorms, strong winds, and high humidity in the Central Highlands and Southern Vietnam increase the risk of flower drop, lower berry set, and fungal diseases. If these conditions persist, they could weigh heavily on the 2027 crop yield.
🔹 Global Logistics
• After sliding for three consecutive weeks, global container rates bounced back, with the Drewry World Container Index ticking up 1% to $4,297 per 40ft container.
• This bump is driven by stronger rates on Transpacific lanes and ongoing port congestion in China squeezing capacity.
At PTEXIM, we guarantee premium quality across all our products, strictly meeting European and American standards (including Lead, Coumarin, and Pesticide limits).
👉 Read the full detailed market report and check our updated prices here:
https://drive.google.com/file/d/1E8PF7UI-l0oqkTz5nnbtcPSMBXCQQtIe/view?usp=sharing