Weekly Publications

No. 25/23, 19 - 23 June 2023

it.assistant@ipcnet.org 23 Jun 2023 94

MARKET REPORT - KEY HIGHLIGHTS

The pepper market this week showed a rather negative outlook with no origins reported an increasing trend.

The Indian pepper price reported stable for the last two (2) weeks.

Both local and international prices for Indonesian pepper reported with a decreasing trend this week which partially contributed
to the weakening of Indonesian Rupiah against the US Dollar (IDR 14,986) @ 1 USD) or 1% depreciation.

Only Malaysian local white pepper reported with a decreasing trend this week. Whilst, the others continued to be reported stable and unchanged.

Even though the Sri Lankan Rupee weakened against the US Dollar (LKR 307.02 @ 1 USD) or 1% depreciation,
local price for Sri Lankan pepper reported stable this week.