Weekly Publications

No. 23/25, 2 - 6 June 2025

it.assistant@ipcnet.org 06 Jun 2025 183

MARKET REPORT - KEY HIGHLIGHTS

The global pepper market exhibited mixed trends this week, coinciding with the celebration of Eid Al-Adha by Muslim communities. Additionally, the US market has been notably sluggish over the past four weeks, amid price uncertainty caused by trade tensions and weak demand, compounded by a 125% surge in freight rates, which continues to hamper business activity.
Both local and international prices for Indian pepper were reported to have declined compared to last week.
Both local and international prices for Indonesian pepper were reported to be stable this week, due to lower stock availability in the market.
Both local and the international price of Malaysian pepper remained stable this week.
The local price of Sri Lankan pepper showed a declining trend for the second consecutive week.
Both local and international prices for Vietnamese pepper were reported to have declined since last week, as the industry awaits final tariff decisions from the United States.

The price of Brazilian black pepper continued its downward trend for the third consecutive week. Meanwhile, prices of Cambodian black pepper and Chinese white pepper remained stable and unchanged.
Pepper Export by The United States of America (2023–2025) recorded a total of 1,993 Mt as of March 2025, with Canada as the top purchaser (1,138 Mt), followed by Mexico, Costa Rica, El Salvador, and Barbados.

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 THE UNITED STATES OF AMERICA (2023 - 2025)

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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