Thursday, March 13, 2025

Pepper Market March 11, 2025

 

Pepper Market March 11, 2025: Price temporarily stable

New day market,  pepper price today (March 11) in the domestic market temporarily remained stable after decreasing yesterday.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) adjusted the price of Brazilian ASTA 570 black pepper to 6,900 USD/ton, an increase of 50 USD/ton compared to the previous trading session.

Meanwhile, pepper prices in other countries remained stable. Kuching black pepper from Malaysia was the highest at 9,800 USD/ton, while Lampung black pepper from Indonesia was 7,376 USD/ton.

 Vietnam's export  pepper price  remains at 7,000 USD/ton for 500 g/l and 7,200 USD/ton for 550 g/l.

Type name

World black pepper price list

March 11 (Unit: USD/ton)

% change from previous day

Lampung Black Pepper (Indonesia)

7,376

Brazilian Black Pepper ASTA 570

6,900

+0.72

Kuching Black Pepper (Malaysia) ASTA

9,800

Vietnamese black pepper (500 g/l)

7,000

Vietnamese black pepper (500 g/l)

7,200

At the same time of survey, the price of Malaysian ASTA white pepper stood at 12,300 USD/ton; Indonesian Muntok white pepper reached 10,242 USD/ton and Vietnamese white pepper was 10,000 USD/ton.

Type name

World white pepper price list

March 11 (Unit: USD/ton)

% change from previous day

Muntok Indonesian White Pepper

10,242

ASTA Malaysian White Pepper

12,300

Vietnam white pepper

10,000

Update pepper information

According to  tribeneindia , India's black pepper industry is facing a turbulent 2025, as declining production and constrained supplies push prices to new highs, creating a challenging environment for both farmers and traders.

Vietnam, Brazil, Indonesia and India account for more than 80% of global black pepper production and 95% of trade. In 2024, India contributed 11% to the total global black pepper production, of which Karnataka accounted for 60%, Kerala 30%, and the remaining 10% came from Tamil Nadu and other regions.

The global pepper market has been volatile throughout 2024, with prices rising from Rs 328 per kg in January to a peak of Rs 614 per kg in June before stabilizing at Rs 512 per kg in December. According to industry experts, pepper prices could cross Rs 1,000 per kg this year.

Black pepper production in India has witnessed a significant decline due to erratic weather conditions. Unseasonal rainfall in 2024, coupled with the impacts of climate change, has adversely affected crop yields, leading to a sharp decline in total production. India is expected to produce 46,000 tonnes of pepper in 2025, down significantly from 55,000 tonnes in 2024.

Not only India, supply shortages are also occurring in other major pepper producing countries, including Vietnam and Sri Lanka, aggravating the global supply shortage.

Vietnam's pepper output decreased from 192,000 tons in 2023 to 183,000 tons in 2024 and is expected to continue to decrease to 178,000 tons in 2025. Meanwhile, Brazil's pepper output decreased from 102,000 tons in 2023 to 70,000 tons in 2024 but is expected to increase to 85,000 tons in 2025.

Additionally, Sri Lanka saw pepper production drop sharply from 20,000 tonnes in 2024 to just 14,000 tonnes in 2025.

The global supply shortage is expected to keep pepper prices high in key markets around the world, while increasing competition for high-quality Indian black pepper.

While the high price environment may benefit trade, maintaining production amid climate change and market inefficiencies remains a pressing issue for the long-term sustainability of the Indian black pepper industry.


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