Weekly Publications

No. 03/25, 13 - 17 January 2025

it.assistant@ipcnet.org 17 Jan 2025 136

MARKET REPORT - KEY HIGHLIGHTS

The pepper market in the third week of 2025 showed a mix response..
Both local and international price for Indian pepper reported stable since last week.
Even though the Indonesian Rupiah weakened against the US Dollar (IDR 16,322 @ 1 USD) or 1% depreciation. Both local and international price for Indonesian pepper reported with an increasing trend as limited stock continuously reported.
Both local and international price for Malaysian pepper reported with an increasing trend. Furthermore. It was observed that in 2025 there would be some new plantation having their first ever harvest.
The local price for Sri Lankan pepper reported with an increasing trend this week.
After reported with an increasing trend for the last two (2) weeks, the local price for Vietnamese pepper reported with a decreasing trend this week. Whilst, the international price for Vietnamese pepper remained stable.

Brazilian black pepper, Chinese white pepper as well as Cambodian black pepper continued to be reported stable this week.
Import of Pepper by Japan (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 JAPAN (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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