Weekly Publications

No. 07/25, 10 - 14 February 2025

it.assistant@ipcnet.org 14 Feb 2025 138

MARKET REPORT - KEY HIGHLIGHTS

The pepper market in the second week of February showed a mixed response with only Indian pepper reported with a decrease.
After reported with an increasing trend for the last three (3) weeks, both local and international price for Indian pepper reported with a decreasing trend this week.
Only Indonesian white pepper price continued to be reported with an increasing trend since last week. Whilst, Indonesian black pepper reported with a decreasing trend.
Local price for Malaysian pepper reported with an increasing trend this week. Whilst, international price for Malaysian pepper reported stable and unchanged.
After reported with an increasing trend for the last four (4) weeks, the local price for Sri Lankan pepper reported stable this week.
Only Vietnamese international black 550 g/l and white pepper remained stable this week. Whilst, the others reported with an increasing trend. According to Dak Nong Newspaper, Dak Nong farmers were currently focusing on harvesting pepper. Most of them were excited because the pepper price was high which had motivated them to continue investing in and taking care of their pepper gardens, improving product quality.

Brazilian black pepper continued to be reported with an increasing trend since last week. Furthermore, Cambodian black pepper as well as Chinese white pepper remained stable and unchanged.
Export of Pepper by China (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 CHINA (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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