DAILY PRICES 03-05-2024

Sources USD/MT   %
Indonesia - Black Pepper 4757 0.67%
Indonesia - White Pepper 6303 0.67%
Brazil Black - Pepper ASTA 570 4700 - 0.00%
Malaysia - Black Pepper ASTA 4900 - 0.00%
Malaysia - White Pepper ASTA 7300 - 0.00%
Viet Nam - Black Pepper 500 g/l 4400 - 0.00%
Viet Nam - Black Pepper 550 g/l 4500 - 0.00%
Viet Nam - White Pepper ASTA 6500 - 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.
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EXECUTIVE DIRECTOR'S MESSAGE

Bismillahirrahmanirrahim

My dearest International Pepper Community Friends and Family,

Assalammualaikum and Greetings from the IPC Secretariat!

As we have left behind another significant year of 2023 and welcome a new one with brand new hopes and goals, I am happy to extend my best wishes for the New Year. The arrival of a new year is always a time for reflection and anticipation with hope and excitement. 2023 was a year of reconnection and renewed collaboration.

I strongly believe that the coming year holds greater opportunities in terms of closer cooperation and deeper integration within the global pepper industry with a mounting role for our organization in light of changing international parameters. Thus, we express our deep gratitude to our Member Countries, Associate Members and stakeholders for their constant support and assistance to the activities of the International Pepper Community.

Taking this opportunity, together with all my colleagues at the IPC Secretariat, I sincerely wish for a happy and prosperous New Year for everyone across the globe. Having overcome the test of time over more than five decades of its establishment, IPC has become a dynamic organization and a force for good to be reckoned with in ensuring the sustainability of the global pepper industry.

After a lengthy period of virtual interactions, we joyfully resumed in-person meetings, a mode of engagement we all cherish. These include key IPC committee meetings, annual session and meetings and International Spice Exhibition, 51st IPC ASM ISE hosted by Malaysia. At the same time, we welcome our IPC Chairman for 2024, Sri Lanka and we will continue to embrace digitalization, with IPC projects offered in the online and hybrid modalities, reflecting our commitment to adaptability and inclusiveness.

Throughout my official meetings, visits and interactions with the pepper stakeholders, and high-level officials, I have been deeply inspired by numerous stories of progress. Those narratives are a compelling testament to the strength and vitality of the development of the global pepper industry. As we have entered 2024, I hope to build upon those achievements with a steadfast commitment to making our journey towards enhanced pepper supply and demand, prices, productivity, consumption, which are sustainable and accessible.

We have a lot of works ahead, but we also have an important opportunity here to choose a path for inclusive, equitable growth and forge a new tomorrow for the sustainability of global the pepper industry, wellbeing of our pepper smallholders and for our future generation. To seize this opportunity, we must continue to work together in solidarity or moving as one to bring the global pepper industry to greater heights, prosperous future for all. We at the IPC Secretariat look forward to working with all IPC Member Countries, Associate Members, other pepper producing countries and relevant internationals organizations and associations to do just that.

With the insightful words of Henry Ford, “Coming together is a beginning; keeping together is progress; working together is success, I extend my best wishes as we continue our global pepper industry journey, bringing greater prosperity to all in 2024! #togetherwearestronger

We truly appreciate your support to IPC and look forward to seeing you at IPC future events and programmes. Stay tuned, stay in touch, stay safe and take care!

Happy New Year!

Yours sincerely,

Ms. Firna Azura Ekaputri binti Haji Marzuki

Executive Director of IPC

MARKET REPORTS

No. 18/24, 29 April - 3 May 2024

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week showed a rather positive outlook with no origins reported with a decrease. Both local and international price for Indian pepper reported with an increasing trend for the last three (3) weeks. Both local and international price for Indonesian pepper reported with an increasing trend this…

No. 17/24, 22 - 26 April 2024

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week showed a mix response with only Sri Lankan local price reported with a decreasing trend. Both local and international price for Indian pepper reported with an increasing trend since last week. Both local and international price for Indonesian pepper reported stable this week. Malaysian local…

No. 16/24, 15 - 19 April 2024

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week showed a mix response with only Indian and Malaysian local black pepper reported with an increasing trend. Both local and international price for Indian pepper reported with an increasing trend this week. Indonesian market was reportedly beginning to open after the Eid al-Fitr public holiday.…

MARKET REVIEW - MARCH 2024

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - The pepper prices in March continued to show a mix response with India and Sri Lanka were reported with a decrease. IPC Price Index and Composite Price – IPC Price Index and Composite Price – Price index and composite of pepper for the 3rd month of 2024…

MARKET REVIEW - FEBRUARY 2024

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - The pepper prices in second month of 2024 continued to show a mix response as Cambodian black pepper reported with the highest increase. IPC Price Index and Composite Price – The second month of 2024 saw the positive movement of the IPC Price Index and Composite Price…

MARKET REVIEW - JANUARY 2024

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - The first month of 2024 was opened with pepper price recorded a mix response as India and Malaysian local white pepper reported with a decrease. IPC Price Index and Composite Price – Following the positive outlook of the end of 2023, the beginning month of 2024 was…

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…

1st Quarterly 2022 Report

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

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

Crop Report Analytics

Crop Report Analytics

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

  
Export Trends

Export Trends

A table and visual tool to analyse the trend in pepper export trends

  
Mobile App for Farmers

Mobile App for Farmers

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

App   
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.

  
International Pepper Conference

International Pepper Conference

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

Recipes for Immunity

Recipes for Immunity

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

  

videos

IPC in Brief

IPC in Brief

The 51st Annual Sessions and Meetings of the IPC and International Spice Exhibition

The 51st Annual Sessions and Meetings of the IPC and International Spice Exhibition

ASTA Annual Meeting & Exhibits 2023

ASTA Annual Meeting & Exhibits 2023

2023 China Spice Conference opening ceremony

2023 China Spice Conference opening ceremony

the 14th World Spice Congress

the 14th World Spice Congress

Meeting of the Minister of Trade with the Association of Coconut and Pepper Commodities

Meeting of the Minister of Trade with the Association of Coconut and Pepper Commodities

THE 1ST SERIES OF IPC WEBINAR 2023

THE 1ST SERIES OF IPC WEBINAR 2023

CELEBRATION OF THE INTERNATIONAL PEPPER DAY

CELEBRATION OF THE INTERNATIONAL PEPPER DAY

50th Years Journey of International Pepper Community.

50th Years Journey of International Pepper Community.

Opening address by the Executive Director of the IPC

Opening address by the Executive Director of the IPC