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KUCHING: A brighter global pepper market is anticipated in 2024 as a further drop in production volume in the major producing countries will drive prices of the spice higher. ....
KUCHING: The domestic pepper market has fared poorly in 2022, with prices of the spice falling between 13.5% and 25% from 2021 due to a drop in global consumption. ....
Domestic white and black pepper prices have gone up by 25% in the past 12 months due to production shortfalls by key producing countries KUCHING: Malaysia’s pepper prices are likely to continue their uptrend in 2021 after staging a relief rally this year as global production output took a nosedive. Domestic white and black pepper prices have gone up by 25% in the past 12 months due to production shortfalls by key producing countries, according to Sarawak’s leading pepper exporter Nguong Aik (Kuching) Sdn Bhd director William S.C. Yii. He said the strong price recovery was not unexpected as pepper producing countries have reported reduction in new crop harvests by between 15% and 35% this year compared with 2019. ....