In the world, the pepper market on May 4 increased quite strongly in Indonesia but remained flat in other countries.
Accordingly, the price of Lampung black pepper in Indonesia increased slightly by 0.67%; increased to 4,757 USD/ton. The price of Muntok white pepper in this country also increased by 0.67%; at 6,303 USD/ton.
Malaysia's Kuching ASTA black pepper price remained stable at 4,900 USD/ton; This country's ASTA white pepper is still priced at 7,300 USD/ton.
For the Brazilian market, the price of ASTA 570 black pepper is anchored at 4,700 USD/ton.
In Vietnam, export prices of black pepper grades 500 and 550 g/l remained at 4,400 and 4,500 USD/ton, respectively. The export price of white pepper is anchored at 6,000 USD/ton.
| Pepper type | Price (Unit: USD/ton) | Change |
| Lampung black pepper (Indonesia) | 4,757 | 0.67% |
| Brazilian black pepper ASTA 570 | 4,700 | – |
| Kuching black pepper (Malaysia) ASTA | 4,900 | – |
| Muntok white pepper | 6,303 | 0.67% |
| ASTA Malaysian white pepper | 7,300 | – |
| Black pepper type 500 g/l Vietnam | 4,400 | – |
| Black pepper type 550 g/l Vietnam | 4,500 | – |
| Vietnamese white pepper | 6,000 | – |
World pepper prices today continue to increase in Indonesia and remain stable in other markets.
This week, IPC commented that the market has a negative trend when no country reported a decrease. In particular, domestic and international prices of Indian and Indonesian pepper both increased.
Currently, the supply of pepper from Vietnam and Brazil has decreased due to the impact of the El Nino phenomenon, thereby causing prices to increase. Vietnam's export pepper market is also making major adjustments, with new markets appearing, including Pakistan, Germany, Korea, and India, all recording 3-digit growth.
Thus, world pepper prices on May 4, 2024 are still increasing in Indonesia compared to yesterday.
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