Weekly Publications

No. 31/22, 1 - 5 August 2022

it.assistant@ipcnet.org 05 Aug 2022 102

MARKET REPORT - KEY HIGHLIGHTS

Market this week showed a relatively positive outlook with only Viet Nam international white pepper price recorded a decrease.

Indian pepper price continued to be reported with an increasing trend this week which could be contributed
to the strengthening of Indian Rupee against the US Dollar (INR 78.94 @ 1 USD), recording 1% appreciation.

Pepper price for Indonesia continued to be reported positive this week
as customs of Bangka claimed this year export of white pepper was less than the previous year due to scarce stock.

Both local and international prices for Malaysia continued to be reported stable and unchanged.

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

Local and international price for Viet Nam black pepper continued to be reported positive this week.
Whilst, Local price for Viet Nam white pepper reported stable. Furthermore, Viet Nam international white pepper price recorded a decrease.

US market was reported with less volume of the shipping trade in the last two weeks.
In addition, its progression estimated to remain difficult to move on due to the world inflation situation remaining unstable.
Furthermore, Muntok white pepper was reported at USD 7,500 CF August/September.