Monthly Publication

MARKET REVIEW - July 2021

it.assistant@ipcnet.org 30 Aug 2021 152

PEPPER MARKET REPORT - KEY HIGHLIGHTS

01 World - Pepper prices in July 2021 showed a mixed response with only Malaysia recorded an increase for both local and international prices.
02 IPC Price Index and Composite Price - Pepper price index and composite price for July recorded a mixed response as price index for black pepper recorded a slight dip by 2.5% at 54.16 points while price index for white pepper recorded a 3.9% spiked at 57.71 points. Composite price of black pepper dropped to USD 4,029 per Mt while  composite price of white pepper increased to USD 5,971 per Mt.
03 India - Following three months responding positively, Indian pepper price this month reported with a decreasing trend.
04 Indonesia - Market continued with a decreasing trend as harvest in Bangka and Belitung expecting less than previous year.
05 Malaysia - Both local and international price of Malaysian peppers continued responding positively since April 2021.
06 Highlights on the Sri Lanka Pepper

 

IPC Price Index (Base price: Average 2011-2015)

 

Composite Price of Black and White Pepper (US$/Mt)

FARM GATE PRICE BLACK PEPPER - in US$/Mt

FOB PRICE BLACK PEPPER - in US$/Mt

 

FARM GATE PRICE WHITE PEPPER - in US$/Mt

 

FOB PRICE WHITE PEPPER - in US$/Mt

 

HIGHLIGHT ON SRI LANKA

 

HIGHLIGHTS ON THE SRI LANKA PEPPER

Monthly Average FOB Price of Black Pepper in Sri Lanka (USD/Mt)

OVERVIEW OF THE SRI LANKA PEPPER

Sources:

  • Brazil, Unofficial source (Coreimex, CSG Trade)
  • China: Hainan Pepper Association, China Spice Association
  • India: Spices Board Govt. of India, AISEF, NCDEX, Indian Chamber of Commerce & Industry
  • Indonesia: Unofficial source, Ministry of Agriculture Republic Indonesia
  • Malaysia : Malaysian Pepper Board
  • Sri Lanka: Sri Lankan Pepper Board, Department of Export Agriculture
  • Viet Nam : Viet Nam Pepper Association, HCMC
  • International Trade Centre (ITC) – Geneva

Notes:

Some of the data in this publication are from the IPC database. The data were obtained from the official reports and correspondence between the IPC and have been processed based on statistical norms that can be accounted for.

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