Weekly Publications

WPB Week #39/15, 28 September - 2 October 2015

it.assistant@ipcnet.org 02 Oct 2015 8

In general, the market was inactive and price at sources remained stable as last week, except white pepper in Bangka and black pepper in Sri Lanka. In Vietnam, the prices were also relatively stable. Availability of pepper is getting scarce, even in Vietnam as the largest pepper producer indicating diminishing of stocks.

In Brazil, the harvest is now on the peak season. It is estimated that output would be normal around 30,000-35,000 Mt. This quantity is relatively small to make any change in prices, when compared to pepper produced by Vietnam, and this will not make any significant impact in the market. The price is estimated to remain high until a next crop from India and Vietnam in early 2016.

IMPORT OF PEPPER BY NETHERLANDS:
Netherlands as one of the important pepper trading countries in Europe imported around 15.000 Mt of pepper annually. Since the price prevailing during the year continues at a higher site, imports by Netherland are estimated to decrease in this year. In addition to the price factor, supply of pepper from sources is also limited. During January - June 2015 import of pepper into the Netherlands was 5,757 Mt, recording a significant decrease of almost 2,800 Mt as against 8, 537 Mt imported in the same period of last year. Major share of pepper imported into Netherlands was from Vietnam, followed by Indonesia. During July till October 2015, import of Netherlands is expected to be higher since Indonesia has released material from this year harvest.

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