Weekly Publications

No. 04/25, 20 - 24 January 2025

it.assistant@ipcnet.org 25 Jan 2025 148

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a mix response with only Brazilian black pepper reported with a decrease.
After reported stable for the last two (2) weeks, both local and international price for Indian pepper reported with an increasing trend this week.
Indonesian black pepper reported stable this week. Whilst, Indonesian white pepper continued to be reported with an increasing trend since last week.
Only Malaysian local black pepper reported stable this week. Whilst, the others continued to be reported with an increasing trend for the last two (2) weeks.
Even though the Sri Lankan Rupee weakened against the US Dollar (LKR 297.71 @ 1 USD) or 1% depreciation, the local price for Sri Lankan pepper reported with an increasing trend since last week.
Only Vietnamese local white pepper reported with an increasing trend this week. Whilst, the others remained stable.

Brazilian black pepper reported with a decreasing trend this week. Furthermore, Chinese white pepper as well as Cambodian black pepper continued to be reported stable this week.
Import of Pepper by South Korea (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 SOUTH KOREA (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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