Weekly Publications

No. 13/25, 24 - 28 March 2025

it.assistant@ipcnet.org 28 Mar 2025 142

MARKET REPORT - KEY HIGHLIGHTS

The pepper market in the last week of March continued to show mixed response.
As the Indian Rupee strengthened against the US Dollar (INR 85.64 @ 1 USD) or 1% appreciation, both local and international price for Indian pepper reported with an increasing trend this week.
Both local and international price for Indonesian pepper reported with a decreasing trend this week which partially contributed to the weakening of Indonesian Rupiah against the US Dollar (IDR 16,584 @ 1 USD) or 1% depreciation.
Local price for Malaysian pepper continued to be reported stable this week. Whilst, international price for Malaysian pepper reported with an increasing trend.
The local price for Sri Lankan pepper continued to be reported with an increasing trend for the last five (5) weeks.
Local price for Vietnamese pepper reported stable this week. Whilst, the international price for Vietnamese pepper continued to be reported with an increasing trend since last week.

Brazilian black pepper continued to be reported with an increasing for the last three (3) weeks. Whilst, Cambodian black pepper as well as Chinese white pepper reported stable and unchanged.
Import of Pepper by Greece (2022 - 2025).

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 GREECE (2022 - 2025)

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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