Weekly Publications

WPB Week #18/18, 30 April - 4 May 2018

it.assistant@ipcnet.org 04 May 2018 56

The market was reported in active and slow moving. Prices of black pepper in India and white pepper in Bangka were reported to have increased during the week with limited activity. Local price of black pepper in Viet Nam and Sri Lanka also increased marginally. At other source, the price was relatively stable.

Price in Brazil was also reported same as last week at the level of $3,150 for Asta black 560 GL sun dried FOB Victoria and for machine dried was US$ 3,000 per Mt.

Madagascar Black 550-560 GL was at $ 3,260 and Cambodia Black 550 GL at $ 3,230 per Mt.

EXPORT OF PEPPER FROM MALAYSIA:

In 2017 Malaysia exported 12,185 Mt, a marginal decrease of 3% from 12,550 Mt of export in 2016. Low price prevailed in 2017 has reduced the spirit of producers and traders to release material. In the first quarter, the market remained slow moving and export realized in January - February 2018 was reported only 1,700 Mt, as against 1,770 Mt exported in the same period last year. Supported by sufficient stock and anticipated better harvest this year, export of pepper in 2018 is estimated to increase. But it will depend on the price development in the second half of the year when harvesting season starting in June.

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