Weekly Publications

No. 07/23, 13 - 17 February 2023

it.assistant@ipcnet.org 17 Feb 2023 124

MARKET REPORT - KEY HIGHLIGHTS

The market this week continues showing a mixed response with Vietnamese black pepper local price reported with the highest increase.

Indian pepper price reported to be stable this week.

Indonesian black pepper continues to be reported negative since last week which contributed by the weakening of Indonesian Rupiah against the US Dollar
(IDR 15,191 @ 1 USD) or 1% depreciation. Whilst, the Indonesian white pepper reported to be stable.

Even though the Malaysian Ringgit weakened against the US Dollar (MYR 4.39 @ 1 USD), recorded 2% depreciation,
the Malaysian black pepper local price continued to be reported with an increasing trend for the last eight (8) weeks, while the others reported to be stable.

Local price for Sri Lankan pepper reported negative for the last two (2) weeks.

Vietnamese local price continues to be reported with an increasing this week.
Whilst, the Viet Nam international price remained stable and unchanged. Furthermore, Viet Nam is currently harvesting.