Weekly Publications

No. 16/23, 17 - 21 April 2023

it.assistant@ipcnet.org 21 Apr 2023 102

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a mix response with only Vietnamese local black pepper price reported
with an increase as Muslims around the world will mark the end of Ramadan this week by celebrating Eid al-Fitr.

After reported stable for the last four (4) weeks, the Indian pepper price reported with a decreasing trend this week.

Both local and international prices for Indonesia reported with a decreasing trend this week.

Local prices for Malaysian pepper reported with a decreasing trend this week. Whilst, international prices
for Malaysian pepper remained stable and unchanged.

After reported positive for the last two (2) weeks, local price for Sri Lankan pepper was stable this week.

Only Vietnamese local black pepper reported with an increasing trend this week. Whilst, the others remained stable.

The US market remained stable with selling pressure from pepper origin countries. Furthermore,
Muntok white pepper was reported at USD 5,900 CF for May/June.