Weekly Publications

WPB Week #16/17, 17-21 April 2017

it.assistant@ipcnet.org 21 Apr 2017 5

Pepper market at sources remained calm. Some activity has taken place in Viet Nam. Following significant quantity from current harvest has arrived in the market, pepper price in HCMC went down by 3% for black in local market and 2% for FOB price respectively. Limited activity is also taken place in India and Sri Lanka. At Kochi pepper price dropped marginally by 1%. In Sri Lanka a decrease of 4% was recorded. In Lampung and Bangka (Indonesia) and Sarawak (Malaysia) the markets were very quiet and price remained unchanged. The market in these countries is expected to improve in the next few months.

IMPORTOF PEPPER BY RUSSIA:
Russia is considered to be the most important markets for pepper in Eastern Europe. During 2016, Russia imported 7,700 Mt, consisting of 7,025 Mt of whole pepper and 675 Mt of ground pepper. As against imports of 6,760 Mt in the previous year, an increase of 940 Mt (14%) was recorded. Import of whole pepper increased by 970 Mt, while for ground pepper decreased by 30 Mt. Vietnam was the main source of pepper for Russia, supplying more than 75% of pepper imported into Russia followed by India and Sri Lanka which each supplied around 8%.

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