Weekly Publications

WPB Week #04/17, 23 - 27 January 2017

it.assistant@ipcnet.org 27 Jan 2017 1

Pepper market at sources again showed a mixed response, with limited activity. In Sarawak, local price increased, while in India and Sri Lanka decreased. A marginal decrease in India maybe influenced by the situation where pepper harvest in Kerala and Karnataka State which is now in upswing trend. In Sarawak, local price of pepper stood at the level of MYR 21 and MYR 33 per Kg respectively for black and white pepper, increased from MYR 18.5 and MYR 30 per Kg recorded in the last week. A marginal increase was also recorded in domestic market in Lampung and Bangka. While FOB price, remained stable at these markets. In Vietnam and China, the market was quiet, in view of anticipating Lunar / Chinese New Year celebration.

EXPORT OF PEPPER FROM VIETNAM:
During 2016, Vietnam is estimated to harvest 170,000 Mt of pepper, increased from 122,000 Mt in 2015. Along with pepper imported from neighbouring countries, like Cambodia and Indonesia, Vietnam is estimated to have exported minimum 175,000 Mt in 2016. This estimation seems to be easily achieved, since export up to November has almost touched 170,000 Mt as shown in the flowing tables. During January - November 2016, Vietnam has exported 169,200 Mt valued at US$ 1.36 billion, an increase of 34% in quantity and 13% in value from 126,080 Mt worth US$ 1.2 billion in the same period of 2015. Although pepper prices went down in 2016, Vietnam continued to enjoy excellent benefit from pepper industry, even better than previous year. During 2016 Vietnam held nearly 60% of global pepper market, followed by Indonesia, Brazil, India and Malaysia at much lower levels

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