Weekly Publications

No. 16/22, 18 - 22 April 2022

it.assistant@ipcnet.org 22 Apr 2022 129

MARKET REPORT - KEY HIGHLIGHTS

Market this week showed a mixed response with only Viet Nam pepper price recorded an increase.

Indian pepper price responded negatively this week with a loss of 1%.

Both local and international prices for Indonesia continued to be reported stable since mid of March.

Malaysia local price responded negatively this week due to the weakening of the Malaysian Ringgit against the US Dollar (MYR 4.27 @ 1 USD),
recorded 1% depreciation. Whilst, Malaysia international price continued to be reported stable.

As Sri Lankan Rupee continued to be weakened against the US Dollar (LKR 320.69 @ 1 USD),
recorded 3% depreciation, local price for Sri Lanka responded negatively this week.

Viet Nam international price and black pepper local price responded positively this week. Whilst, Viet Nam white pepper local price continued to be reported stable.