Weekly Publications

No. 15/25, 7 - 11 April 2025

it.assistant@ipcnet.org 11 Apr 2025 150

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week of April continued to show mixed response.
Even though the Indian Rupee weakened against the US Dollar (INR 86.25 @ 1 USD) or 1% depreciation, both local and international price for Indian pepper reported with an increasing trend this week.
Indonesian markets started to open this week after being closed for a whole week due to the Eid al-Fitr holiday as less transaction reported in the market.
LBoth local and international price for Malaysian pepper reported with a decreasing trend this week.
The local price for Sri Lankan pepper continued to be reported with an increasing trend for the last seven (7) weeks.
Both local and international price for Vietnamese pepper reported with a decreasing trend this week.

Only Brazilian black pepper reported with a decreasing trend this week. Whilst, the Cambodian black pepper as well as Chinese white pepper continued to be reported stable and unchanged.
Export of Pepper by Spain (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 SPAIN (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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