Weekly Publications

No. 09/25, 24 - 28 February 2025

it.assistant@ipcnet.org 28 Feb 2025 158

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a mixed response as Muslims around the world prepared to mark the beginning of the Holy Month of Ramadan this week.
Both local and international price for Indian pepper reported with a decreasing trend this week.
After reported stable for the last two (2) weeks, Indonesian black pepper reported stable this week. Whilst, Indonesian white pepper price reported with a decreasing trend.
Both local and international price for Malaysian pepper continued to be reported with an increasing trend since last week.
The local price for Sri Lankan pepper also reported with an increasing trend this week.
The local price for Vietnamese black pepper reported with a decreasing trend this week. Whilst local Vietnamese white pepper reported stable. Furthermore, international price for Vietnamese pepper reported with an increasing trend this week. Furthermore, China was expected to increase purchases as soon as Vietnam enters its main harvest season in March - April 2025 (vpsaspice.org).

Brazilian black pepper, Cambodian black pepper as well as Chinese white pepper prices reported stable and unchanged this week.
Export of Pepper by Turkey (2022 - 2024).

FARM GATE PRICE BLACK PEPPER - in US$/Mt

FARM GATE PRICE WHITE PEPPER - in US$/Mt

FOB PRICE BLACK PEPPER - in US$/Mt

FOB PRICE WHITE PEPPER - in US $/Mt

EXPORT OF PEPPER BY TURKEY (2022 - 2024)

BUYERS PRICES AT NEW YORK (In US$/Mt)

 

Notes:

  • Prices given are indicative prices. Quality may differ from place to place. Prices can vary and the IPC is not responsible for loss or damages caused to the users of these prices in the context of business contracts or other transactions
  • Producers\' price ex Kochi is the price quoted for un-garbled quality at Kochi
  • Producers\' prices ex Lampung and Pangkal Pinang are average prices received by farmers for unprocessed pepper
  • Producers\' prices ex Kuching are the average prices offered by local traders to farmers for unprocessed pepper - grade 1
  • Producers\' price in Sri Lanka is the average price received by growers, collected from 11 pepper growing districts in Sri Lanka - grade 1
  • Producers\' price ex Ho Chi Minh City is prices for local purchases of pepper (500 g/l for black and 630g/l for white)

Notes:
IPC DOES NOT set the price of pepper; IPC only publishes the prevailing price of pepper as reported from various origins and sources. Some of the data in this publication are from the IPC Secretariat database. The data were obtained from the official reports and correspondence between the IPC and has been processed based on statistical norms that can be accounted for.

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