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MARKET REPORT

Pepper price at most origins remained unchanged. A marginal increase took place in HCM City for black pepper traded at local market. In Sarawak however the price decreased marginally. Trade source reported Viet Namese black was offered at $2,650 for 550 FAQ and $ 2,700 for 550 MC. Whitepepper HTST was offered at $4,290. All are in US$ per Mt for Aug shipment.

Lampung black ASTA HTST was offered at $3,100 and for Brazilian ASTA was $2,650 per MT. In Bangka, pepper harvest is on-going. Due to erratic rains taken place during this crop season, fruit growth is not uniform and the harvest will take longer. Pepper harvested in the main crop season (July/August) is not as good as last year. Overall however, the output is estimated to be more or less same as last year, with a marginal increase is anticipated.

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