Weekly Publications

No. 30/23, 24 - 28 July 2023

it.assistant@ipcnet.org 28 Jul 2023 75

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a mix response with local price for Sri Lankan pepper reported with the highest increase.

The Indian pepper price continued to be reported with an increasing trend for the last two (2) weeks.

Both local and international prices for Indonesia remained stable since last week.

After reported with an increasing trend for the last two (2) weeks, local prices for Malaysian pepper reported with a decreasing trend this week.
Whilst the international price for Malaysian pepper remained stable and unchanged. Furthermore, some areas in Sarawak reported to start harvesting.

Even though the Sri Lankan Rupee weakened against the US Dollar (LKR 328,77 @ 1 USD) or 2% depreciation, local price for Sri Lankan pepper continued
to be reported with an increasing trend since last week.

Vietnamese local black pepper price reported with a decreasing trend this week. Whilst,
Vietnamese international white pepper price reported with an increasing trend this week.
Furthermore, the others remained stable and unchanged as the market reported quiet.