Markets this week showed mixed reactions to a fairly stable trend when India and Sri Lanka reported an increase.
In the local market, black pepper of Malabar was traded with an increase of 2% from the previous week with an average of USD 4,468 / ton. Indonesian black and white pepper was reported to be stable at an average of USD 1,749 / ton for black pepper and USD 3,134 / ton for white pepper. Malaysian black and white pepper were down 2% from the previous week, averaging at USD 1,778 / ton and USD 3,190 / ton respectively. Vietnamese black and white pepper were reported to be stable with an average of 1,592 USD / ton for black pepper and 3,134 USD / ton for white pepper. Sri Lanka black pepper recorded an increase of 1% from the previous week with an average of 2,932 USD / ton.
The international market is quite stable as only India recorded an increase. India traded black pepper of Malabar with an increase of 2% from the previous week with an average of USD 4,748 / ton. Indonesian black and white pepper was stable with an average of USD 2,169 / ton for black pepper and USD 3,731 / ton for white pepper. Malaysian black and white pepper continued to be stable and unchanged. Vietnam black pepper 500 g / l, 550 g / l and Vietnam white pepper were also stable at an average of 1,897 USD / ton, respectively at 1,997 USD / ton and 2,997 USD / ton.
The Chinese market continued to shut down due to the outbreak of Corona Virus.
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VPA
