Monthly Publication

MARKET REVIEW - April 2021

it.assistant@ipcnet.org 31 May 2021 168

PEPPER MARKET REPORT - KEY HIGHLIGHTS

01 World - Pepper prices in April 2021 showed a positive outlook with no origins reported a decrease.
02 IPC Price Index and Composite Price – Price index and composite price of both black and white pepper for April 2021 were reported positive as it increased by 7.5% for black pepper and 10.3% for white pepper.

03 Indonesia – The increase of Indonesian pepper price contributed to the rise of demand amidst the limited stock. Though farmers\' stocks depleted, it was reported that some speculators bought a hefty amount for their in-stock and further business.
04 Viet Nam – The increase of Viet Nam pepper price contributed to the rise of demand amidst the limited stock. Although pepper prices are high, this year\'s crop output has decreased tremendously in Viet Nam.
05 Highlights on the Indonesian 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 INDONESIA

HIGHLIGHTS ON THE INDONESIAN PEPPER

OVERVIEW OF THE INDONESIAN 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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