It is my pleasure to welcome you to the new IPC Website which provides important and useful information to improve our understanding and interaction with all the stake holders of the pepper industry and an indispensable source of information for pepper community.
The IPC has launched its advanced and user friendly website which provides updated data on production, export, quality standards, programs for development & promotion of pepper industry and other value added services, speedy browsing and easy access to technical information for the development of the International Pepper Community.
We hope you find the new website a unique source for all your needs on pepper industry.
Hoang Thi Lien
INTERNATIONAL PEPPER COMMUNITY
Domestic market of pepper showed a mixed response during the week. In Vietnam, local price of pepper stood at the level of VND 128,500 pr Kg for black and VND 177,500 for white throughout the week. When compared to previous average price however, the price of black pepper decreased by 3%. In the case of white pepper, the price remained stable. Marginal decreases were also recorded in Lampung, Sri Lanka and India; while in Sarawak local price of black pepper increased by 6% and for white pepper 4%.
The 45th Annual Session of IPC will be organized by the Ministry of Primary Industry and Department of Export Agriculture in close collaboration with the private sector association of spices in Sri Lanka.
"We have studied the fluxes of community within October and November, 2017, and finally decided to have the 45th Session of IPC from 30th October-2nd November, 2017 in Kandy" said Eng. Bandula Wickramaarachchi, Chairman of the International Pepper Community for 2016-2017 who is also the Secretary of the Ministry of Primary Industries of Sri Lanka recently.
In the previous few months pepper prices showed a continuous declining trend, particularly in Indonesia, Vietnam and Malaysia till mid-week of November and from third week onwards prices in every producing country started slowly moving upwards.
In November 2016 the IPC pepper price index decreased 5.27 points for black and 2.40 points for white pepper (Table1). The price index has slide down below 100 which is the base price (average composite price of last five years). Decreased price at major exporting countries like Vietnam and Indonesia has contribute to the lower price index. Composite price of pepper has decreased by 5.23% and 2.40% to US$ 7,110 and US$ 10,126 per mt for black and white pepper respectively, for the month of November 2016