Weekly Publications

No. 15/23, 10 - 4 April 2023

it.assistant@ipcnet.org 14 Apr 2023 107

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a mix response with only Malaysian local black pepper price reported with a decrease.

The Indian pepper price continued to be reported stable since mid-March.

Both local and international prices for Indonesia reported with an increasing trend this week which partially contributed
to the strengthening of the Indonesian Rupiah against the US Dollar (IDR 14,823 @ 1 USD) or 1% appreciation.

Only Malaysian local black pepper price responded negative this week. Whilst the others reported stable and unchanged.

As the Sri Lankan Rupee strengthened against the US Dollar (LKR 319.89 @ 1 USD) or 1% appreciation,
local price for Sri Lankan pepper continued to be reported with an increasing trend for last two (2) weeks.