DAILY PRICES 31-05-2023

Sources USD/MT   %
Lampung Black Pepper 3581.00 -0.22%
Muntok White Pepper 6091.00 -0.23%
Brazil Black Pepper ASTA 570 3350.00 - 0.00%
Malaysia - Black Pepper Kuching ASTA 4900.00 - 0.00%
Malaysia - White Pepper ASTA 7300.00 - 0.00%
Viet Nam - Black Pepper 500g/l 3500.00 - 0.00%
Viet Nam - Black Pepper 550g/l 3600.00 - 0.00%
Vietnam - White Pepper 5000.00 - 0.00%

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EXECUTIVE DIRECTOR'S MESSAGE

Bismillahirrahmanirrahim.

My dear International Pepper Community Family,

Assalamualaikumwarahmatullahiwabarakatuh and I hope you are doing well and are safe.

Today, 5 May 2023 marks 2 years of my tenure leading the International Pepper Community as the Executive Director. Personally, it has been a great experience and an exciting venture into one of the biggest industries in the spices commodity. These past two years, I have been blessed to get acquainted with a lot of wonderful experts of the industry which have imparted their expertise as well as valuable experiences. Their display of kindness, professionalism and perseverance have not only been beneficial for me personally but also for the entire of the IPC Family.

Although during my tenure as the Executive Director of the International Pepper Community various programmes and projects have been concluded, there are still lots of goals that need to be achieved in the future. Moving forward, IPC continues to maintain close partnership with key players of the pepper industry. Following the aftermath of the global pandemic, IPC has managed to organize series of IPC Webinar in collaboration with renown partners of the Pepper Industry like ASTA, IDH-The Sustainable Trade Initiative and many other. In addition, IPC has also managed to organize series of International Pepper Day Celebration with the purpose of promoting the use of pepper and increasing the consumption of pepper. Furthermore, in commemorating the 50th Years of the establishment of the International Pepper Community, IPC has commissioned the production and publication of IPC 50th Journey video and book.

IPC Committees have continued progressively their work on Research and Development, Quality and Marketing to ensure the fulfilment of IPC’s objectives of co-ordinating, harmonizing and promoting the activities of the pepper industry with a view to achieve accelerated economic development. IPC has continued the work on monitoring the pepper consignment rejection by the consuming countries as well as keep updating the trade and quality regulation or requirement of the consuming countries so as to help pepper exporters and farmers. Furthermore, IPC has also managed to complete and publish the revision of IPC Manual of Method of Analysis, Manual on Quality Requirement of Pepper for Export as well as few series of Focus on Pepper.    

Finally, IPC has completed the IPC Farmers App Programme with the launch of IPC Farmers App Malaysia in October 2022. This project which was first started in 2018 has been successfully implemented in all of IPC member countries with over 10,000 users across the world. IPC is currently in the process of approaching few pepper producing countries in the hope of enlarging the membership of the Community to better develop the industry.

IPC will continue to formulate more programme and projects for the betterment of all of the pepper industry stakeholders. We will cater all our programmes and projects specifically to address issues of the stakeholders of the pepper industry both on the supply and demand side.

Thus, being said, I would like to invite all IPC member countries and stakeholders of the pepper industry to come together to strengthen our network and address global challenges in solidarity. Let’s join hands to work together in making sure the sustainability of the pepper industry and the prosperity of all stakeholders. And thank you for all the support, guidance, trust, and encouragement to the IPC Secretariat for the past years for us to ensure the industry is well taken care of. #togetherwearestronger

Sincerely and Salam Hormat,


Firna Azura Ekaputri Hj. Marzuki

MARKET REPORTS

No. 21/23, 22 - 26 May 2023

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week showed a mix response with only India reported with an increasing trend. After reported without an increasing trend for the last five (5) weeks, the Indian pepper price responded positive this week. Both local and international prices for Indonesia reported stable this week as less…

No. 20/23, 15 - 19 May 2023

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week showed a mix response as some foreign exchange slightly weakened against the US dollar. The Indian pepper price reported with a decreasing trend this week which partially contributed to the weakening of the Indian Rupee against the US Dollar (INR 82.43 @ 1 USD) or…

No. 19/23, 8 - 12 May 2023

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week showed a rather positive outlook with no origin reported with a decrease. The Indian pepper price reported stable this week. Indonesian black pepper price reported with an increasing trend this week. Whilst, Indonesian white pepper price reported stable. Both local and international prices for Malaysian…

MARKET REVIEW - MARCH 2023

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - Pepper prices in March showed a mix response with Vietnamese local black pepper reported with the highest increase. Pepper Price Index for this month was reported positive albeit marginally as price index of black pepper recorded an increase on 0.3% to 45.64 points while price index of…

MARKET REVIEW - FEBRUARY 2023

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - Pepper prices in February showed a mix response with Malaysian local black pepper reported with the highest increase. IPC Price Index and Composite Price - As China import recorded an increasing trend, Index of Pepper reported with a mix response with Index of Black Pepper recorded a…

MARKET REVIEW - JANUARY 2023

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - Pepper prices in the first month of 2023 showed a mixed response with few countries’ exchange rates reported to strengthen against the US Dollar. IPC Price Index and Composite Price - The start of 2023 showed Price Index and composite price of pepper a positive outlook as…

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

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

ASTA Annual Meeting & Exhibits 2023

ASTA Annual Meeting & Exhibits 2023

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

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