Pepper market on September 10; global pepper market is facing the possibility of a supply shortage

Published Sep 10, 2024

Tridge summary

The article provides an overview of the daily price fluctuations of black and white pepper, influenced by various factors. It notes that the 2025 pepper crop will be delayed due to a prolonged drought, impacting supply. The Vietnam Pepper and Spices Association (VPSA) indicates that the 2023 crop inventory and 2024 imports are around 40,000 - 45,000 tons, which may lead to lower export volumes until March 2025. Additionally, Brazil's pepper crop is expected to decrease to about 65,000 tons due to adverse weather, while Indonesia has boosted its market inventory following the harvest in key production areas.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Daily price list of black pepper and white pepper Note: The above prices are for reference only, the actual price will vary depending on the locality, transportation method, payment method, transaction volume, etc. Readers please contact the nearest pepper businesses and agents for specific advice. Highlights: - It is forecasted that the 2025 pepper crop will be harvested almost entirely in February, many regions will extend to March and April, 1-2 months later than previous years, due to the impact of prolonged drought, making pepper supply increasingly difficult. - According to the Vietnam Pepper and Spices Association (VPSA), the 2023 crop inventory carried over plus the 2024 import volume is around 40,000 - 45,000 tons (including informal imports), indicating that the export volume until the end of the year will be lower than previous years and until March 2025 when the 2025 crop is expected to be harvested. - In Brazil, under ideal ...

Source: Vinanet