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
The market continued to slow down this week. Except in Sri Lanka, local price of black pepper at sources decreased up to 6%. For white pepper, the decrease was relatively lower. FOB price also decreased, with exception of Sarawak which is reported to have remained stable as last week.
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 2016, pepper market experienced a declining trend; although the price still relatively good when compared with prices prevailed in the previous 5-10 years. In 2016, average pepper price decreased by 11% and 9% for black and white pepper respectively from the peak achieved in 2015. Average composite price of black pepper decreased to US$ 8,280 per Mt from US$ 9,265 per Mt in 2015 and for white pepper decreased from US$13,290 per Mt in 2015 to US$12,095 per Mt in 2016. Significant increase in production and export from Vietnam was the main factor for the decrease; although production and export from other producing countries decreased.