DAILY PRICES 22-05-2025
(Daily Price might be readjusted based on the latest market movement)

Sources	USD/MT		%
Indonesia - Black Pepper	7,421		0.61%
Indonesia - White Pepper	10,119		0.60%
Brazil Black - Pepper ASTA 570	6,650	-	0.00%
Malaysia - Black Pepper ASTA	9,200	-	0.00%
Malaysia - White Pepper ASTA	11,900	-	0.00%
Viet Nam - Black Pepper 500 g/l	6,700	-	0.00%
Viet Nam - Black Pepper 550 g/l	6,800	-	0.00%
Viet Nam - White Pepper ASTA	9,700	-	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.

EXECUTIVE DIRECTOR'S MESSAGE

Dear Valued Members, Partners, and Friends of the International Pepper Community (IPC)

It is with deep honour and a profound sense of responsibility that I begin my tenure as Executive Director of the IPC. I extend my sincere appreciation to all IPC Member Countries for the trust and confidence placed in me at a time when global challenges require renewed commitment, creativity, and cooperation.

The pepper industry today stands at a unique crossroads, facing evolving trade dynamics, climate uncertainty, shifting consumer preferences, and technological transformation. In such an environment, the IPC’s role as a platform for dialogue, coordination, and shared progress is more relevant than ever.

Throughout its history, IPC has been a steadfast advocate for the interests of the global pepper sector, from supporting farmers and strengthening market transparency to advancing sustainability and regional cooperation. I am fully committed to preserving this legacy while ensuring IPC remains agile, inclusive, and forward-looking.

As Executive Director, my vision is to deepen collaboration among member countries, empower our stakeholders with knowledge and innovation, and amplify the voice of pepper producers in global trade discussions. This means creating space for more inclusive engagement, listening to the needs of smallholders, understanding the concerns of exporters, embracing digital solutions, and working hand in hand with the private sector, research institutions, and international partners.

I would also like to acknowledge and thank my predecessor, Ms. Firna Azura Ekaputri Hj Marzuki, whose leadership over the past four years has brought meaningful progress to the Community. Her dedication has laid a strong foundation on which we can continue to build.

To all who are part of this vibrant and diverse sector, be it in the fields, the labs, the markets, or the ministries, I invite you to join hands with IPC in shaping a more resilient and prosperous future for pepper. Let us build an industry that not only thrives economically but also uplifts communities and contributes to sustainable development.

The journey ahead is one of shared responsibility. I welcome your ideas, partnership, and constructive engagement. Together, we can unlock the full potential of the pepper industry. Please feel free to connect with me directly at ed@ipcnet.org.

With warm regards and steadfast commitment,

Marina Novira Anggraini

Executive Director of IPC

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MARKET REPORTS

No. 20/25, 12 - 16 May 2025

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week continued to show mix response with only Indonesian white pepper reported with an increase. Furthermore, US as well as Canadian market prices weakened which contributed to the origins selling pressure. Both local and international price for Indian pepper continued to be reported with a decreasing…

No. 19/25, 5 - 9 May 2025

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week continued to show mixed response. Both local and international price for Indian pepper continued to be reported with a decreasing trend since last week. Both local and international price for Indonesian pepper reported with an increasing trend this week which partially contributed to the strengthening…

No. 18/25, 28 April - 2 May 2025

MARKET REPORT - KEY HIGHLIGHTS The pepper market this week continued to show mixed response. Both local and international price for Indian pepper reported with a decreasing trend this week. Both local and international price for Indonesian pepper reported with an increasing trend this week which partially contributed to the strengthening of Indonesian Rupiah against…

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MARKET REVIEW - FEBRUARY 2025

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - The pepper prices in the second month of 2025 showed a positive response with no producing countries reported with a decrease. IPC Price Index and Composite Price – The IPC price index of pepper was reported with a positive outlook as price index of black pepper reported…

MARKET REVIEW - JANUARY 2025

PEPPER MARKET REPORT - KEY HIGHLIGHTS World - The pepper prices in the first month of 2025 showed a mixed response. IPC Price Index and Composite Price – IPC Price Index and Composite Price – The beginning of 2025 saw the IPC Price Index with a positive outlook as price index of black pepper was…

MARKET REVIEW - DECEMBER 2024

PEPPER MARKET REPORT - KEY HIGHLIGHTS FOR DECEMBER 2024 World - The pepper prices in December showed a mixed response. IPC Price Index and Composite Price – The year end of 2024 was closed with a mixed response of IPC Pepper Price Index as Price Index of Black Pepper was closed at 89.64 point, recording…

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GLOBAL PEPPER INDUSTRY SEMESTERLY REPORT

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…

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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…

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