Weekly Publications

No. 08/23, 20 - 24 February 2023

it.assistant@ipcnet.org 24 Feb 2023 183

MARKET REPORT - KEY HIGHLIGHTS

This week the pepper market continues showing a mixed response with only Malaysian local price reported with a decrease.

After reported without an increasing trend for the last two (2) weeks, the Indian pepper price responded positive this week.

After responded negative for the last two (2) weeks,
the Indonesian black pepper price reported with an increasing trend this week.
Whilst, the Indonesian white pepper remained stable since last week.

As the Malaysian Ringgit weakened against the US Dollar (MYR 4.43 @ 1 USD), recorded 1% depreciation,
the Malaysian local price reported with a decreasing trend this weeks.
Whilst, Malaysia international price remained stable and unchanged.

After reported with a deceasing trend for the last two (2) weeks, local price for Sri Lankan pepper reported stable this week.

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

USA and European market priced continues to stand form with low buying activity.
Furthermore, Muntok white pepper was reported at USD 6,200 CF for March/April.

Export of Pepper Oleoresins and Pepper Oil by India (2020 - 2022).