DAILY PRICES 04-10-2022

Sources USD/MT   %
Lampung Black Pepper 3816.00 0.10%
Muntok White Pepper 6202.00 0.11%
Brazil Black Pepper ASTA 570 2550.00 -3.92%
Malaysia - Black Pepper Kuching ASTA 5100.00 - 0.00%
Malaysia - White Pepper ASTA 7300.00 - 0.00%
Viet Nam - Black Pepper 500g/l 3250.00 -1.54%
Viet Nam - Black Pepper 550g/l 3350.00 -1.49%
Vietnam - White Pepper 4850.00 -1.03%


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EXECUTIVE DIRECTOR'S MESSAGE

My dearest International Pepper Community Family,

Assalammualaikumwarahmatullahiwabarakatuh.

Happy 50th Birthday, IPC and Happy International Pepper Day!

This year, IPC is commemorating its 50th anniversary, the momentous milestone, the golden anniversary of IPC. Looking back to the time when the three founding members signed the agreement in 1972, IPC has evolved and expanded from a three-member organization to a five and plus two associate members to fulfill its vision of to promote, co-ordinate and harmonize all activities relating to the global pepper economy.

From a fledging organization, overcoming the challenges in the course of its evolution through a decades-long process to bring the global pepper industry to greater heights, IPC has preserved and prospered over the past fifty years to become an indispensable player and major contributor to the development of the global pepper industry.

IPC has fundamentally shaped the global pepper agenda and has thrived against all odds to become recognized by other international organizations through the promotion of trust, confidence and peaceful relations among its members and with other countries and organization.

As much as what has been achieved over 50 years, challenges remain for IPC along the way. IPC needs to stay the course and stand united to weather the current tide of complicated developments and global situations ranging in ongoing COVID-19 pandemic, instability of pepper prices, disruption in logistics, stringent rules and regulations for pepper trade, climate change. As an international organization, IPC also need to ensure its role as an effective player in the development of the global pepper industry and capable of playing bigger roles in responding as one to global challenges. All IPC member countries must come together to strengthen our networking and address global challenges in solidarity.

At heart, that is what membership in the International Pepper Community all about and what we celebrate and reaffirm today and the global pepper industry would make progress in our shared efforts to achieve the UN Sustainable Development Goals and leave no one behind which will focus on food security and sustainable agriculture for the welfare of pepper smallholders.

This year, in conjunction with the celebration of IPC’s 50th anniversary and the International Pepper Day, we have organized a logo design and photography competition, opened to all IPC Member Countries and Associate Members. The feedbacks were remarkable. Thank you everyone who joined the competition. And Congratulations to Mr. Dhimas Bagas from Indonesia, the winner for logo design and Mr. Muhammad Syafiq Muhammad from Malaysia, the winner for photography competition.

Last but not least, as we are celebrating this happy birthday of the Organization that we all care and IPC enters a new phase of its journey. it needs continued support from the Member Countries, Associate Members and pepper industry stakeholders. And I always believe that two heads are better than one and as such it is with our high hope that all pepper industry stakeholders will work together hand-in-hand and strengthen our networking and cooperation for the betterment of the pepper industry particularly during these trying times.

Once again, on behalf of the IPC Secretariat, I would like to express my utmost gratitude and appreciation to all of you for joining us today to celebrate the important milestone, the golden anniversary of IPC. Alone we can do so little; together we can do so much and together we are stronger in this industry. The IPC generation of the next 50 years will have more to celebrate.

Once again, Happy 50th Birthday, IPC and Happy International Pepper Day!

Yours sincerely,

Firna Azura Ekaputri Hj. Marzuki
Executive Director

MARKET REPORTS

No. 39/22, 26 - 30 September 2022

MARKET REPORT - KEY HIGHLIGHTS The market this week shows a mixed response with only Sri Lankan local pepper price continued to be reported with an increase as most currencies remained weakened against US Dollar. Indian pepper price remained negative this week which partially contributed to the weakening of the Indian Rupee against the US…

No. 38/22, 19 - 23 September 2022

MARKET REPORT - KEY HIGHLIGHTS The market this week showed a mixed response with only Sri Lanka’s local pepper price reported with an increase as most currency weakened against US Dollar. After reported stable for the last two (2) weeks, Indian pepper price responded negative this week due to the weakening of the Indian Rupee…

No. 37/22, 12 - 16 September 2022

MARKET REPORT - KEY HIGHLIGHTS Market this week showed a mixed response with only Malaysian local white pepper reported with an increase. Indian pepper price continued to be reported stable this week. Pepper price for Indonesia reported stable this week as export was quite less due to less stock. Only Malaysian local white pepper responded…

MARKET REVIEW - AUGUST 2022

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - Pepper prices in August 2022 shows a mixed response with Indonesia recorded the highest increase. IPC Price Index and Composite Price - As US Dollar reached a 20-year historical high in August 2022, the price index of pepper recorded a mixed response as the Price Index of…

MARKET REVIEW - July 2022

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - Pepper prices in July 2022 showed a mixed response with only Sri Lanka local price recorded with an increase. IPC Price Index and Composite Price - Price Index of pepper experienced a decreasing trend with price index of black pepper recorded a 2% deficit to 53.69 points…

MARKET REVIEW - June 2022

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - Pepper prices in June 2022 showed a negative outlook with no origins reported an increase. IPC Price Index and Composite Price - Price index of black and pepper recorded a decrease by 6.1% and 4.6% respectively. The price index of black pepper reported at 54.86 points while…

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

Lockdowns, Currency Depreciation, Inflation, War, Demand Erosion, Rising Cost of Capital and Sanctions

1st Quarterly 2022 Report

Structure of the Presentation A DEMAND B SUPPLY C PRICES D OUR VIEW            

3rd Quarterly 2021 Report

Black Pepper Outlook : Quarter 3 REVIEW 2021 Structure of the Presentation 01 Current Situation 02 Outlook for the balance part of 2021 03 Global Inflation 04 Freight update 05 Summary   Current Situation Trade statistics Prices   Origin-wise Exports in KMT Top Importers YTD MT Status Price Trend   Black Pepper Price (FOB) July…

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…

KEY PROJECTS

International Pepper Conference

International Pepper Conference

An annual international platform where top names of the industry convene.

Mobile App for Farmers

Mobile App for Farmers

An interactive mobile app to assist farmers in pepper cultivation equipped with market linkage

App   
Crop Report Analytics

Crop Report Analytics

A Visual tool to analyse the trend in production, exports, consumption, price movements, etc

  
Rejection Reports

Rejection Reports

Compilation of Rejections/Alert on pepper Consignments to the US and EU

  
DIREX: Country Regulations

DIREX: Country Regulations

A database of regulations followed by importing countries

  
Training Videos

Training Videos

Series of step-by-step training videos of pepper cultivation for farmers

  
Research & Dvpt. Product

Research & Dvpt. Product

Compilation of Research and Development products of IPC member countries to enhance pepper cultivation.

  
Recipes for Immunity

Recipes for Immunity

Top recipes from around the world that use black pepper and can improve your immunity

  

videos

The Celebration of IPC’S 50th Anniversary and International Pepper Day

The Celebration of IPC’S 50th Anniversary and International Pepper Day

Opening address by the Executive Director of the IPC

Opening address by the Executive Director of the IPC

Pepper Sector Value Chain – How to adapt to the New Norm?  by Mr. Giridhar Rao

Pepper Sector Value Chain – How to adapt to the New Norm? by Mr. Giridhar Rao

New Regulations for Black Pepper shipments to The US market by Ms. Laura Shumow

New Regulations for Black Pepper shipments to The US market by Ms. Laura Shumow

Pepper Supply and Demand for 2021/2022 by Mr. Jasvinder Singh Sethi

Pepper Supply and Demand for 2021/2022 by Mr. Jasvinder Singh Sethi

Global Scenario for the Pepper Industry by Ms. Firna Azura Ekaputri Marzuki

Global Scenario for the Pepper Industry by Ms. Firna Azura Ekaputri Marzuki

Open Panel Discussion with Speakers

Open Panel Discussion with Speakers

Mrs Hoang Thi Lien, Executive Director, International Pepper Community

Mrs Hoang Thi Lien, Executive Director, International Pepper Community

Mr Ravindranath Balakrishnan, Vice President, Olam International ltd

Mr Ravindranath Balakrishnan, Vice President, Olam International ltd

Mr Giridhar Rao, Vice President Operations, Griffith Foods Inc

Mr Giridhar Rao, Vice President Operations, Griffith Foods Inc