Weekly Publications

No. 22/25, 26 - 30 May 2025

it.assistant@ipcnet.org 30 May 2025 168

MARKET REPORT - KEY HIGHLIGHTS

The global pepper market exhibited mixed trends this week, coinciding with the celebration of Ascension Day by Christian communities.
Both local and international prices for Indian pepper were reported to have declined this week.
Both local and international prices for Indonesian pepper continued to show an upward trend this week, partially supported by the appreciation of the Indonesian Rupiah against the US Dollar (IDR 16,254 per 1 USD, or a 1% increase).
The local price of Malaysian pepper has continued its upward trend since last week. Meanwhile, the international price of Malaysian white pepper remained stable, whereas the international price of Malaysian black pepper recorded a downward trend.
After remaining stable for the past three weeks, the local price of Sri Lankan pepper showed a declining trend this week.
Both local and international prices of Vietnamese pepper were reported to have declined this week.

The price of Brazilian black pepper continued its downward trend for the second consecutive week. Meanwhile, Cambodian black pepper and Chinese white pepper remained stable and unchanged.
Pepper imports by Singapore (2023–2025) recorded a total of 840 Mt as of March 2025, with Indonesia as the top supplier (465 Mt), followed by Malaysia, Madagascar, Brazil, and Viet Nam.

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

IMPORT OF PEPPER BY SINGAPORE (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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