Weekly Publications

No. 26/23, 26 - 30 June 2023

it.assistant@ipcnet.org 30 Jun 2023 115

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week continued showing a rather negative outlook with no origins reported an increasing trend as Muslims around the world celebrating Eid Al-Adha.

The Indian pepper price continued to be reported stable for the last three (3) weeks.

Both local and international prices for Indonesian pepper reported stable this week as some areas in Belitung Island started to harvest.

Even though the Malaysian Ringgit weakened against the US Dollar (MYR 4.67 @ 1 USD) or 1% depreciation,
both local and international prices for Malaysian pepper responded stable and unchanged this week.

Local price for Sri Lankan pepper reported stable since last week.

Vietnamese local pepper price reported with a decreasing trend this week. Whilst, Vietnamese international price continued to be reported stable and unchanged.

Black and white pepper prices were reported more/less stable.
Furthermore, Muntok white pepper was reported at USD 6,200 CF for July / August / September.