DAILY PRICES 04-12-2024
(Daily Price might be readjusted based on the latest market movement)

Sources	USD/MT		%
Indonesia - Black Pepper	6,660		0.05%
Indonesia - White Pepper	9,090		0.04%
Brazil Black - Pepper ASTA 570	6,225	-	0.00%
Malaysia - Black Pepper ASTA	8,300	-	0.00%
Malaysia - White Pepper ASTA	10,500	-	0.00%
Viet Nam - Black Pepper 500 g/l	6,200	-	0.00%
Viet Nam - Black Pepper 550 g/l	6,500	-	0.00%
Viet Nam - White Pepper ASTA	9,300	-	0.00%
IPC doesn't set the price of pepper; IPC has only showcased the prevailing price of pepper as reported from various origins and sources.

EXECUTIVE DIRECTOR'S MESSAGE

Bismillahirrahmanirrahim

My dearest International Pepper Community Friends and Family,

Assalammualaikum and Greetings from the IPC Secretariat!

On behalf of the International Pepper Community Secretariat, we wanted to take a moment to extend our heartfelt thank you for your presence at the 52^nd Annual Session and Meetings of the International Pepper Community and International Spice Exhibition (52^nd IPC ASM ISE) held from 18 – 21 November 2024 at Hilton Colombo, Sri Lanka. Your support and participation made the 52^nd IPC ASM ISE even more special and we are grateful for your commitment to the IPC’s annual event.

We were thrilled to reconnect with you, and we hope that you had a wonderful time and that the experience, knowledge, information, and networking were everything you hoped it would be which are valuable and enlightening. We believe that event like this is an opportunity to connect with like-minded individuals who share our passion and vision which will greatly benefit and positively impacted the stakeholders of the pepper industry.

For your kind information, all the presentations made by the Guest Speakers together with the Global Consolidated Pepper Crop Report for 2025 published during the 52^nd IPC ASM ISE have been uploaded and ready to be downloaded on the IPC 2024 Mobile App.

We have included some photos and videos from the 52^nd IPC ASM ISE that we hope will bring back some great memories which could be browsed through the following link: https://www.ipcnet.org/gallery/

We invite you to follow us on Instagram [@ipc.jakarta] to stay updated on IPC upcoming events and programmes and share your photos and experiences using the hashtag #togetherwearestronger

If you have any questions or feedback, please don’t hesitate to reach out to us at mail@ipcnet.org

Let’s join hands to work together in solidarity in making sure the sustainability of the pepper industry and the prosperity of all stakeholders as we still have a long road to travel to sustain the global pepper industry.

Once again, THANK YOU for joining us at the 52^nd IPC ASM ISE in Colombo, Sri Lanka, “You'll come back for more''. We truly appreciate your support to IPC and look forward to seeing you at IPC future events and programmes. Stay in touch, stay safe and take care and see you at the 53^rd IPC ASM ISE in India next year!

Thank you and kind regards.

Yours Sincerely,

Firna Azura Ekaputri Haji Marzuki

Executive Director of IPC

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MARKET REPORTS

No. 48/24, 25 - 29 November 2024

MARKET REPORT - KEY HIGHLIGHTS The pepper market in the last week of November showed a mix response with only India reported with a decrease. Both local and international price for Indian pepper continued to be reported with a decreasing trend since last week. Both local and international prices for Indonesian pepper reported with an…

No. 47/24, 18 - 22 November 2024

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week showed a mix response with only Sri Lankan local black pepper continued to be reported with an increase. Both local and international price for Indian pepper reported with a decreasing trend this week. As the Indonesian Rupiah weakened against the US Dollar (IDR 15,875 @…

No. 46/24, 11 - 15 November 2024

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week continued to show mixed responses with only Sri Lankan local black pepper reported with an increase. After reported with an increasing trend for the last two (2) weeks, both local and international price for Indian pepper reported with a decreasing trend. Indonesian white pepper continued…

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MARKET REVIEW - SEPTEMBER 2024

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - The pepper prices in September showed a mixed response as the local currency exchange against the US Dollar recorded a relatively positive outlook since last month. IPC Price Index and Composite Price – the 9th Month of 2024 saw positive trend for pepper price as the IPC…

MARKET REVIEW - AUGUST 2024

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - The pepper prices in August showed a mixed response as the local currency exchange against the US Dollar recorded a relatively positive outlook. IPC Price Index and Composite Price – IPC Price Index and Composite Price – Following the sudden peaking price of pepper in June, the…

MARKET REVIEW - JULY 2024

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - Most pepper prices in June showed an increasing trend with only Cambodia reported with a decrease. IPC Price Index and Composite Price – IPC Price Index and Composite Price – the Price index of pepper for July 2024 though still considered high was reported with a drop…

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GLOBAL PEPPER INDUSTRY SEMESTERLY REPORT

GLOBAL PEPPER INDUSTRY 3RD QUARTERLY REPORT (JULY - OCTOBER 2022)

Current situation of Price, Supply & Demand, Outlook, Expectation & Opportunity, New Crop for 2023 and Key Takeaways Sources: Brazil, Unofficial source (Coreimex, CSG Trade) China: Hainan Pepper Association, China Spice Association India: Spices Board Govt. of India, AISEF, NCDEX, Indian Chamber of Commerce & Industry Indonesia: Unofficial source, Ministry of Agriculture Republic Indonesia Malaysia…

WORLD PEPPER INDUSTRY 2ND QUARTERLY REPORT (JAN -JUNE 2022)

Lockdowns, Currency Depreciation, Inflation, War, Demand Erosion, Rising Cost of Capital and Sanctions Sources: Brazil, Unofficial source (Coreimex, CSG Trade) China: Hainan Pepper Association, China Spice Association India: Spices Board Govt. of India, AISEF, NCDEX, Indian Chamber of Commerce & Industry Indonesia: Unofficial source, Ministry of Agriculture Republic Indonesia Malaysia : Malaysian Pepper Board…

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SPECIAL ISSUE ON CARDAMOM, MARCH 2021

India Cardamom India produces a wide range of spices and holds a prominent position in world spice production. Because of the varying climates - from tropical to sub-tropical to temperate-almost all spices grow splendidly in India. In reality almost all the states and union territories of India grow one or the other spices. Under the…

Unpredictability of Viet Nam Pepper Price

As it was previously reported on March 15, 2020, Viet Nam pepper price has significantly kept increasing after Tet Holiday. Thus, making Viet Nam pepper market to be unpredictable as it affected processors, industrial manufactures and growers. Three weeks past Tet Holiday, Viet Nam black pepper price recorded an increase by 40% as compared to…

Viet Nam Pepper Prices Have Increased Significantly After Tet Holiday 2021

In the year 2020 due to Covid-19 global demand was subdued. Despite the global pandemic markets rose so it rises in a normal year should actually not be a surprise due to people are seeing normalization of markets combined with growth. However, International Pepper Community has concerned about Viet Nam pepper markets which have risen…

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