Quarterly Publication

3rd Quarterly 2021 Report

it.assistant@ipcnet.org 02 Nov 2021 180

Black Pepper Outlook : Quarter 3 REVIEW 2021

Structure of the Presentation

01 Current Situation
02 Outlook for the balance part of 2021
03 Global Inflation
04 Freight update
05 Summary

 

Current Situation

  • Trade statistics
  • Prices

 

Origin-wise Exports in KMT

Top Importers YTD MT Status

Price Trend

 

Black Pepper Price (FOB) July – September 2021

White Pepper Price (FOB) July – September 2021

 

Outlook for the next 6 months

  • Brazil
  • Vietnam
  • Indonesia

Brazil

Harvest - Norther Crop harvest continues in full swing and near its end

Brazil - Dynamics

Brazil - Price Outlook

Viet Nam

  • The origin processors especially ingredient factories, unlike previous years, have sold for 2022 and are carrying stocks. This means farmers have sold their produce much earlier and do not have much stock in hand.
  • This is evident by the fact that despite a lock down and poor fresh sales for the past 3 weeks prices of raw material is steady.

 

Viet Nam - Dynamics

Viet Nam - Price Outlook

Indonesia

  • Crop 2021 was much lower than expected
  • Black pepper prices continue to be firm

Indonesia - Dynamics

Indonesia - Price Outlook

 

Global Inflation


Summary

 

 

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