Weekly Publications

No. 17/25, 21 - 25 April 2025

it.assistant@ipcnet.org 26 Apr 2025 127

MARKET REPORT - KEY HIGHLIGHTS


The pepper market this week continued to show mixed response as the US market is reported unstable due to tariffs and shipping costs started to rise.
Both local and international price for Indian pepper reported with an increasing trend this week which partially contributed to the strengthening of the Indian Rupee against the US Dollar (INR 85.26 @ 1 USD) or 1% appreciation.
Indonesian black pepper price reported with an increasing trend this week. Whilst Indonesian white pepper reported stable.
Even though the Malaysian Ringgit strengthened against the US Dollar (MYR 4.38 @ 1 USD) or 1% appreciation, both local and international price for Malaysian pepper reported with a decreasing trend this week.
The local price for Sri Lankan pepper reported with an increasing trend this week.
Local price for Vietnamese pepper reported with a decreasing trend this week. Whilst, International price for Vietnamese pepper reported with an increasing trend.

Brazilian black pepper as well as Chinese white pepper reported with an increasing trend this week. Whilst, the Cambodian black pepper continued to be reported stable and unchanged.
Export of Pepper by The United Kingdom (2023 - 2025).

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 THE UNITED KINGDOM (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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