Weekly Publications

No. 40/24, 30 September - 4 October 2024

it.assistant@ipcnet.org 04 Oct 2024 117

MARKET REPORT - KEY HIGHLIGHTS

The pepper market in the first week of October showed a mix response.
Both local and international price for Indian pepper reported with a decreasing trend this week.
As the Indonesian Rupiah weakened against the US Dollar (IDR 15,297 @ 1 USD) or 1% depreciation,
both local and international prices for Indonesian pepper reported with a decreasing trend this week.
Only local price for Malaysian pepper reported stable this week.
Whilst, the international price for Malaysian pepper reported with increasing trend this week.
As the Sri Lankan Rupee strengthened against the US Dollar (LKR 296.51 @ 1 USD) or 2% appreciation,
the local price for Sri Lankan pepper reported with an increasing trend this week.
The local price for Vietnamese pepper continued to be reported with a decreasing trend since last week.
Whilst, international price for Vietnamese pepper also continued to be reported stable and unchanged.

Brazilian black pepper as well as Cambodian black pepper remained stable and unchanged.
Furthermore, Chinese market closed this week during Golden Week Public Holiday.
Export of Pepper by Austria (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 AUSTRIA (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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