LOCAL MARKETS
Market this week showed mixed response.
In local market, Malabar black pepper was reported with an increase by 1% as compared to the previous week averaging at USD 4,604 per Mt.
Indonesia black pepper was reported with a 1% deficit as compared to previous week with an average at USD 1,923 per Mt, In local currency, Indonesia black pepper was traded with an average of IDR 27,000 per Kg decreasing marginally by IDR 500 per Kg. Whilst, Muntok white pepper was reported with an increase by 1% as compared to the previous week averaging at USD 3,419 per Mt.
Malaysian black and white pepper were reported stable averaging at USD 2,062 per Mt and USD 3,604 per Mt respectively.
Viet Nam black pepper was reported with a decrease by 1% as compared to last week, averaging at USD 1,829 per Mt. Whilst, Viet Nam white pepper was reported stable with an average of USD 2,839 per Mt.
Furthermore, Sri Lanka black pepper was reported with a 2% deficit as opposed to the previous week with an average of U SD 2,407 per Mt.
China white pepper was reported stable and unchanged.
INTERNATIONAL MARKETS
In international market, FOB price of India black pepper was reported with the same 1% increase as compared to the previous week at an average of USD 4,884 per Mt.
Indonesia black pepper was reported with a 1% deficit as compared to the previous week averaging at USD 2,364 per Mt. Whilst, Indonesia white pepper was reported with an increase by 1% as compared to the previous week with an average of USD 4,044 per Mt.
Malaysia black and white pepper continued stable and unchanged. Furthermore,
Viet Nam black pepper 500 g/l, 550 g/l and Viet Nam white pepper were reported with a decrease by 2%, 1% and 1% respectively as opposed to the previous week averaging at USD 2,226 per Mt, USD 2,291 per Mt and USD 3,376 per Mt respectively.
China traded its white pepper stable in the international level with an average of USD 4,975 per Mt.
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