Weekly Publications

WPB Week #08/18, 19-23 February 2018

it.assistant@ipcnet.org 24 Feb 2018 159

The market continued to be quiet as Tet holiday mood in Viet Nam still continue during the week. Trade source in Viet Nam reported FOB price at US$3,320 and US$ 3,400 per Mt for black 500gl mc and 550gl mc respectively while for white double wash US$ 4,800 per Mt. In India, a marginal increase of INR 4.0 per Kg was recorded from INR 388 at the beginning of the week to INR 392 at the week’s close. On average however, the price was slightly lower from last week average. In Lampung and Bangka prices were reported stable while in Sri Lanka a marginal increase of 1.0% was recorded. 

IMPORT OF PEPPER BY GERMANY

In 2016, Germany imported 29,424 Mt comprising of 25,625 Mt of whole pepper and 3,799 Mt of ground pepper, a marginal increase of 1.0% from import in 2015. Import of whole pepper decreased by 3.0% while for ground pepper increased 36%. Brazil was the main supplier of whole pepper for Germany followed by Viet Nam and Indonesia. While for ground pepper was mainly from the Netherlands, Viet Nam and India.

Supported by sufficient supply from producing countries coupled with lower prices prevailed in 2017, import of pepper into Germany in 2017 is estimated to have increased more than 10%. During January - November import of Germany was 29,380 Mt (26,210 Mt of whole pepper and 3,170 Mt of ground pepper) as against 26,470 Mt of import over the same period of previous year. Import of whole pepper increased, while for ground pepper decreased. The increase was sourced from significant increase of pepper supplied by Brazil, from 9,200 Mt to 12,200 Mt. In the eleven months of the year 2017, an increase of 3,000 Mt as against 9,200 Mt in the same period of previous year. Viet Nam and Indonesia supplied 7,000 and 3,000 Mt respectively, which more or less the same as previous year. 

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