Weekly Publications

WPB Week #32/18, 3 - 10 August 2018

it.assistant@ipcnet.org 10 Aug 2018 36

The market showed a mixed response and continued to lackluster. Price of pepper decreased during the week except in India, ungarbled black pepper price increased from INR 339 per Kg last week to INR 351 per Kg at the week's close. In Viet Nam, on average, local price still was lower from previous week's average but it moved up marginally on Tuesday, 7 August. It is observed that good buying from China and markets have bounced back. It is an expectation that this is a good signal for price improvement in near future.

EXPORT OF PEPPER FROM VIET NAM

In 2017, production of pepper in Viet Nam was around 200,000 Mt. Together with pepper imported from other producing countries a volume of 215,000 Mt was exported, recording a fantastic increase of 21% from 178,000 Mt in 2016. In 2018 production and export from Viet Nam is estimated to remain high, as indicated by export performance achieved in the first half of the year.

During January - June 2018 Viet Nam has exported 132,152 Mt, valued US$ 454.4 million comprising of 118,663 Mt of black and 13,489 Mt of white pepper. When compared to export in the same period last year the export increased by 5% in quantity, but in value decreased by 36%. Unite value of black pepper exported was $3,266/Mt and $4,966/Mt for white pepper.

Currently pepper price prevailed at low price. In July, FOB price of Viet Namese black pepper was US$.2,625./M for 550g/l and for white pepper 630g/l was US$ 4,000. Considering low prevailing price in the second semester 2018, total export of pepper from Viet Nam in July - December 2018 is estimated not as high as exported in the same period last year.

Download PDF

Previous Publications

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