Weekly Publications

No. 04/23, 23 - 27 January 2023

it.assistant@ipcnet.org 27 Jan 2023 105

MARKET REPORT - KEY HIGHLIGHTS

The market this week showed a rather positive outlook with no origins reported with a decrease.

Indian pepper price continued to be reported with an increasing trend for the last three (3) weeks.

As Indonesian Rupiah strengthened against the US Dollar (IDR 14,958 @ 1 USD), recorded 1% appreciation,
both local and international prices for Indonesia responded positive this week as less transaction in the market reported.

Malaysian local price continued to be reported with an increasing trend since the end of last month which could be contributed
to the strengthening of the Malaysian Ringgit against the US Dollar (MYR 4.25 @ 1 USD), recording a 2% appreciation,
Whilst, Malaysia international price remained stable and unchanged.

Local price for Sri Lankan pepper continued to be reported positive for the last two (2) weeks.

Viet Nam market still closed due to Tet Holiday.

Both black and white pepper prices in the US market were reported with a decrease.
Furthermore, Muntok white pepper was reported at USD 6,100 CF for February/March 2023.