Weekly Publications

No. 47/24, 18 - 22 November 2024

it.assistant@ipcnet.org 22 Nov 2024 142

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a mix response with only Sri Lankan local black pepper continued to be reported with an increase.
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 15,875 @ 1 USD) or 1% depreciation, both local and international prices for Indonesian pepper reported with a decreasing trend this week.
Both local and international price for Malaysian pepper continued to be reported with a decreasing trend this week which partially contributed to the weakening of the Malaysian Ringgit against the US Dollar (MYR 4.47 @ 1 USD) or 2% depreciation.
The local price for Sri Lankan Peper reported with an increasing trend this week.
Both local and international price for Vietnamese pepper reported with a decreasing trend this week.

Brazilian black pepper as well as Chinese white pepper reported with a decreasing trend this week. Whilst, Cambodian black pepper reported stable.
Import of Pepper by Belgium (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 BELGIUM (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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