Weekly Publications

No. 27/24, 1 - 5 July 2024

it.assistant@ipcnet.org 05 Jul 2024 122

MARKET REPORT - KEY HIGHLIGHTS

The pepper market in early July showed a mix response.
Both local and international price for Indian pepper reported stable this week.
Both local and international price for Indonesian pepper reported stable this week as several farmers in Lampung province were preparing to harvest next month.
Only Malaysian local white pepper reported with a decreasing trend this week. Whilst, the others reported stable and unchanged.
The local price for Sri Lankan pepper continued to be reported with an increasing for the last two (2) weeks.
The local black pepper price as well as International price for Vietnamese pepper reported with an increasing trend this week.

Brazilian black pepper continued to be reported with a decreasing trend for the last three (3) weeks.
Furthermore, both Chinese white pepper and Cambodian black pepper continued to be reported stable and unchanged.
Import of Pepper by Singapore (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

IMPORT OF PEPPER BY SINGAPORE (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:

  • 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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