Weekly Publications

WPB Week #36/18, 3-7 September 2018

it.assistant@ipcnet.org 07 Sep 2018 31

Pepper market is weakening because current economic situation in general is experiencing shocks due to the continued strengthening of US dollar rate against other currencies, particularly in pepper producing countries, like India, Indonesia, Vietnam, Malaysia and Sri Lanka.

During the week, domestic market of pepper showed a mix response. In Sarawak price decreased; while in Sri Lanka increased. Local price in Lampung, Kochi and HCMC were relatively stable. In dollar terms however, the price decreased marginally. Price in Sarawak decreased by 8% for black and 5% for white pepper; while in Sri Lanka black pepper price increased by 3%. In the case of fob price, it remained stable, with limited commitment.


IMPORT OF PEPPER BY JAPAN:

In the last three years import of pepper into Japan has decreased from 9,100 Mt in 2015 to 8,750 Mt in 2016 and 8,200 Mt in 2017. Out of total import, around 60% was whole pepper, mainly from Malaysia and the balance of 40% was ground pepper, mainly from Indonesia and Vietnam.

In 2018, import of pepper into Japan is estimated to increase as indicated by total import recorded during January-July this year. During seven months of the year 2017 import of pepper into Japan was 5,450 Mt, comprising of 3,170 Mt of whole pepper and 2,280 Mt of ground pepper. The import increased by 21% from 4,520 Mt (2,510 Mt whole and 2,010 Mt ground pepper) in January - July 2017. Import of whole pepper increased by 27% and for ground pepper increased by 13%.

Download PDF

Previous Publications

1... 14 15 16 17 18 ...28