Weekly Publications

No. 29/24, 15 - 19 July 2024

it.assistant@ipcnet.org 19 Jul 2024 114

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week continued to show a mix response.
Both local and international price for Indian pepper reported with a decreasing trend since last week.
Both local and international price for Indonesian pepper reported stable this week as most of the pepper plants
in Indonesia reportedly to start harvesting next month.
Only Malaysian local pepper price reported with an increasing trend this week.
Whilst, the international price continued to be reported stable and unchanged.
The local price for Sri Lankan pepper reported with a decreasing trend this week.
Only local Vietnamese pepper price reported with an increasing trend this week.
Whilst, the international price reported stable and unchanged.

Brazilian and Cambodian black pepper reported stable this week. Whilst,
Chinese white pepper reported with an increasing trend. Furthermore, prices rose sharply one month in Hainan,
China due to expected low production and speculators from China inland.
Import of Pepper by Czech Republic (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 CZECH REPUBLIC (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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