IPC PEPPER REPORT No. 35/22, 29 August 02 - September 2022

 

MARKET REPORT - KEY HIGHLIGHTS

- Market this week showed a mixed response with only India reported with an increase.

- After reported stable for the last two (2) weeks, Indian pepper price responded positive this week.

- Pepper price for Indonesia continued to be reported stable for the last three (3) weeks.

- Both local and international prices for Malaysia remained stable and unchanged as Malaysians celebrated the Malaysia’s Independence Day on 31st August.

- Local price for Sri Lankan pepper continued to be reported with a decreasing trend for the last three (3) weeks.

- Only Viet Nam white pepper local price reported stable this week. Whilst, the rests remained negative for the last three (3) weeks as Vietnamese celebrated the Independence Day of Vietnam on 2nd September.

FOB PRICE BLACK PEPPER - in US$/Mt

BUYERS PRICES AT NEW YORK (In USD/Mt)

FUTURES CF              THIS WEEK    PREVIOUS WEEK

Malabar black (Garbled 1)  n.a              7,100 CF September/October

Lampung black (ASTA)       n.a              4,850 CF September/December

Sri Lanka black                   n.a               7,000 CF September

Brazil black (ASTA)             n.a               n.a

Sarawak black (YL)             n.a              5,500 / MT FOB Prompt

Viet Nam black (ASTA)        n.a             4,400 CF September/October

Muntok white (DW)              n.a              n.a

Muntok white (FAQ)             n.a             7,450 CF September/October

Sulawesi Soroako white      n.a              n.a

Sarawak white (BL)             n.a              7,375 / MT FOB Prompt

Viet Nam white (DW)           n.a              6,100 CF September