Weekly Publications

No. 21/23, 22 - 26 May 2023

it.assistant@ipcnet.org 26 May 2023 103

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a mix response with only India reported with an increasing trend.
After reported without an increasing trend for the last five (5) weeks, the Indian pepper price responded positive this week.
Both local and international prices for Indonesia reported stable this week as less stock on farmer level.
Local prices for Malaysian pepper continued to be reported with a decreasing trend since last week which partially contributed
to weakening the Malaysian Ringgit against the US Dollar (MYR 4.58 @ 1 USD) or 1% depreciation.
Whilst, international price for Malaysian pepper continued to be reported stable and unchanged.
Even though the Sri Lankan Rupee strengthened against the US Dollar (LKR 304.80 @ 1 USD) or 2% appreciation,
local price for Sri Lankan pepper reported with a decreasing trend this week.
Only Vietnamese local black pepper reported with a decreasing trend this week. Whilst, the others reported stable and unchanged.
Import of Pepper by South Africa (2021 - 2023).

FARM GATE PRICE BLACK PEPPER - in US$/Mt

FARM GATE PRICE WHITE PEPPER - in US$/Mt

FOB PRICE BLACK PEPPER - in US$/Mt

FOB PRICE WHITE PEPPER - in US $/Mt

IMPORT OF PEPPER BY SOUTH AFRICA (2021 - 2023)


BUYERS PRICES AT NEW YORK (In US$/Mt)

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