Weekly Publications

No. 33/24, 12 - 16 August 2024

it.assistant@ipcnet.org 16 Aug 2024 104

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week continued to show a mix response.
After reported with an increasing trend for the last two (2) weeks, both local and international price for Indian pepper reported stable this week.
Only Indonesian black pepper continued to be reported with an increasing trend since last week.
Whilst, Indonesian white pepper reported with a decreasing trend as most farmers in Indonesia currently in harvest season.
Only local price for Malaysian pepper reported with a decreasing trend this week.
Whilst, international price for Malaysian pepper reported stable and unchanged.
After reported with an increasing trend for the last two (2) weeks, the local price for Sri Lankan pepper reported stable this week.
The local prices for Vietnamese pepper reported stable this week. Whilst, the international price for Vietnamese pepper reported with a decreasing trend this week.

Brazilian black pepper continued to be reported with a decreasing trend for the last three (3) weeks.
Whilst, Cambodian black pepper and Chinese white pepper continued to be reported stable and unchanged.
Export of Pepper by Brazil (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 BRAZIL (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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