Weekly Publications

No. 27/25, 30 June - 4 July 2025

it.assistant@ipcnet.org 04 Jul 2025 154

MARKET REPORT - KEY HIGHLIGHTS

The global pepper market exhibited mixed trends this week, with only Sri Lankan reporting a decline in local prices.
After two consecutive weeks of decline, both local and international prices of Indian pepper showed signs of recovery, supported in part by the appreciation of the Indian Rupee against the US Dollar (INR 85.57 per USD, up by 1%).
Supported by the appreciation of the Indonesian Rupiah (IDR 16,214 per USD, up by 1%), both local and international prices of Indonesian pepper recorded an upward movement this week.
Domestic prices of Malaysian pepper rose modestly; however, international prices remained steady with no significant change.
Local prices of Sri Lankan pepper declined during the week, marking the only reported decrease among major producing countries.
After five consecutive weeks of decline, both local and international prices of Vietnamese pepper rebounded this week. The upward trend coincided with the announcement of a new US-Viet Nam trade deal. Under the agreement, the United States will impose a 20% tariff on Vietnamese exports to the US and a 40% tariff on transshipped products. (Source: CNN Business).

Brazilian black pepper prices rose this week, while Cambodian black pepper and Chinese white pepper remained stable and unchanged.
Between 2023 and March 2025, the Netherlands imported a total of 3,590 metric tons of pepper. Viet Nam was the leading supplier (2,065 MT), followed by Brazil, Indonesia, India, and China.

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 NETHERLANDS (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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