Pepper prices in Hainan remain stable last week

Pepper prices increased during the week at origins with the exception of Sri Lanka, although a drop was indicated at the end of the week in India.

In Kochi, local price of un garbled black was INR 21,000 per 100 kg in the first half of the week. On Friday , the price decreased to INR 20,500 per 100 kg. Fob and futures prices also showed similar trend. On an average, the price was higher than last week.

Local price of black pepper in Lampung was higher by IDR 500 per kg and fob was stable as last week.

In Sarawak, prices increased by 2% locally and 1% in fob. In HCMC, local price increased by 3%, while in fob was stable.

In Sri Lank, average pepper price in growing areas decreased by 3%.

In Sarawak, white pepper prices increased by 3% both in local as well as in fob.

In Vietnam, significant increase of 9% took place in local price, but in fob the price was stable.

In Bangka local price dropped marginally, but stable in fob price. In Hainan, stable prices were reported.