Weekly Publications

No. 01/25, 30 December 2024 - 3 January 2025

it.assistant@ipcnet.org 03 Jan 2025 170

MARKET REPORT - KEY HIGHLIGHTS

The pepper market in the first week of 2025 showed a rather positive outlook with no origins reported with a decrease.
After reported with a decreasing trend for the last two (2) weeks, both local and international price for Indian pepper reported stable this week. Furthermore, as reported by thehindubusinessline.com, strong demand, high production cheered up Indian pepper growers despite rising imports.
Both local and international price for Indonesian pepper reported stable this week as the flowers have started to grow in Lampung area.
The local price for Malaysian pepper remained stable since last week. Whilst, the international price for Malaysian pepper continued to be reported with an increasing trend for the last three (3) weeks.
Even though the Sri Lankan Rupee strengthened against the US Dollar (LKR 293.00 @ 1 USD) or 1% appreciation, the local price for Sri Lankan pepper reported stable this week.
The local price for Vietnamese pepper reported with an increasing trend this week. Whilst, the international price for Vietnamese pepper reported stable and unchanged.

Brazilian black pepper reported with an increasing trend this week. Furthermore, Chinese white pepper as well as Cambodian black pepper remained stable and unchanged.
Import of Pepper by Australia (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 AUSTRALIA (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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