• Global – The market at the end of August continues to show mixed reactions.
• India – The domestic and export prices of Indian pepper remained stable this week.
• Indonesia – While the Indonesian Rupiah appreciated by 1% against the USD (15,449 IDR/USD), both domestic and international pepper prices in Indonesia continued to rise from the previous week, as some farmers in the Bangka and Belitung provinces completed their harvest.
• Malaysia – Only the domestic pepper price in Malaysia recorded a decrease this week, while the export price remained stable and unchanged.
• Sri Lanka – After 2 weeks of stability, domestic pepper prices in Sri Lanka decreased this week.
• Vietnam – Only the price of black pepper in Vietnam remained stable this week, while export prices increased. According to Kinh tế đô thị (Kinhtedothi.vn), some farmers are still holding off on selling their pepper, waiting for higher prices.
• Brazil, Cambodia, China – The price of black pepper in Brazil continued to rise from the previous week. Meanwhile, the price of black pepper in Cambodia remained stable and unchanged. The price of white pepper in China continued to increase this week.
• United States – The market in the U.S. has been stable for the past 2 weeks, which may contribute to the appreciation of the local currency against the USD

Source: IPC