Weekly Publications

WPB Week #16/16, 18 - 22 April 2016

it.assistant@ipcnet.org 22 Apr 2016 3

Global market is now focused on Vietnamese development, since its pepper harvest is almost completed. However, there is no selling pressure was reported. Indonesia still have not revealed offer for its new crops expecting in July/August. As per some sources in Lampung, Bangka and Kalimantan total output of pepper from this year harvest in Indonesia would be significantly lower due to adverse weather experienced during late 2015.

Pepper price prevailed during the week was relatively stable. A marginal decrease of local price in some producing countries was recorded. In Kochi, local price decreased from INR 685 per Kg at the beginning of the week to INR 681 on Thursday, 21st April 2016. On average however, the price was relatively stable and stood at higher sight.

IMPORTOF PEPPER BY RUSSIA:
Russia is one of the important markets for pepper in Eastern Europe. During the last decade Russia imported around 9,000 Mt of pepper, annually. Out of this around 90% were whole pepper and 10% ground pepper. In the last two years, however, import of pepper into Russia decreased significantly to 6,760 Mt in 2015 from nearly 9,800 Mt in 2013. It is understood that the decrease was mainly due to significant decrease of supply from traditional source like India. Import from Indonesia and Vietnam also have decreased during the year.

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