Weekly Publications

No. 51/24, 16 - 20 Desember 2024

it.assistant@ipcnet.org 20 Dec 2024 140

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week continued to show mixed response.
Both local and international price for Indian pepper reported with a decreasing trend this week.
After reported with an increasing trend for the last three (3) weeks, Indonesian black pepper price reported stable this week. Whilst, Indonesian white pepper reported with a decreasing trend.
The local price for Malaysian pepper reported with a decreasing trend this week which partially contributed to the weakening of the Malaysian Ringgit against the US Dollar (MYR 4.48 @ 1 USD) or 1% depreciation. Furthermore, the international price for Malaysian pepper reported with an increasing trend.
The local price for Sri Lankan pepper reported stable for the last two (2) weeks.
The local price for Vietnamese pepper reported stable this week. Whilst, the international price for Vietnamese pepper reported with an increasing trend this week.

Brazilian black pepper as well as Chinese white pepper reported with an increasing trend this week. Furthermore, the Cambodian black pepper remained stable and unchanged.
Export of Pepper by Switzerland (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 SWITZERLAND (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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