KEY HIGHLIGHTS
August 11th 2023
The pepper market this week showed a mix response with only Malaysian local white pepper price reported with a decrease.
The Indian pepper price continued to be reported with an increasing trend since mid-July. The increase could be contributed to the upcoming festival season in India which resulted in an increased demand for black pepper.
Both local and international prices for Indonesia reported with an increasing trend this week as some areas in Lampung reported to start harvesting.
Only Malaysian local white pepper reported with a decreasing trend this week. Whilst, the others reported stable and unchanged.
The local price for Sri Lankan pepper continued to be reported with an increasing trend for the last four (4) weeks.
The Vietnamese local price continued to be reported with an increasing trend since last week. Whilst, the Vietnamese international price remained stable and unchanged as the market was quiet.