Weekly Publications

Pepper prices at the farm level show mixed responses. In dollar terms, prices of black pepper in India were reported to increase 3% from the previous week. The price of black pepper at the farm level in Indonesia and Sri Lanka is reported to have decreased by 3%. Furthermore, in Malaysia and Viet Nam, the price of black and white pepper at the farm level were reported to be stable. The decline of price also occurred in white pepper at the farm level in China and Indonesia.

In local currency, the average price of black pepper is reported to be IDR 32,500 per kg in Indonesia, VND 52,500 per kg in Viet Nam, RS 372 per kg in India, RM 9.3 in Malaysia, and LKR 680 per kg in Sri Lanka. Furthermore, the price of white pepper was reported to be IDR 51,500 per kg in Indonesia, VND 87,500 per kg in Viet Nam and RM 15.8 per kg in Malaysia.

FOB prices were reported to have followed the same trend as the local price with only Malaysia recording a stable price movement. Furthermore, US spot price showed negative movement after inactivity in the past few weeks. Muntoks white pepper spot price was reported as the only origin with the same price as opposed to the preceding week. US spot prices from other origins recorded decrease of between 2% - 4% as compared to last week. In the other hand, offers were reported to have soften following the new crop shipments expected in the February and forward.

EXPORT OF PEPPER FROM NETHERLANDS:
With top exporters such as Brazil, Indonesia Viet Nam and Indiai n 2016, the Netherlands imported 9,853 Mt of pepper consisting of 6,546 Mt whole pepper and 3,307 Mt ground pepper. In 2017, the Netherlands imported 10,296 Mt consisting of 6,455 Mt whole pepper and 3,841 Mt ground pepper. Furthermore, in 2018 (as of August) the Netherlands imported 9,888 Mt consisting of 6,552 Mt whole pepper and 3,336 Mt ground pepper.

In 2016, the Netherlands exported 9,215 Mt of pepper consisting of 5,402 Mt of whole pepper and 3,813 ground pepper, with a total value of US$ 94,344. Pepper exports from the Netherlands in 2016 were dominated by whole pepper with a percentage of 59% whole pepper and 41% ground pepper. In 2017, the Netherlands exported 10,477 Mt consisting of 5,876 Mt of whole pepper and 4,601 ground pepper, with a value of US $ 84,370. Thus, recording a 14% increase in quantity, yet decreased 11% in values as opposed to 2016.

As of August 2018, the Netherlands exports 3,329 Mt whole pepper with a value of US$ 19,689. In addition, the Netherlands also exported 2,805 Mt ground pepper with a value of US$ 20,094. So the total exports in this period reached 6,134 Mt, with a value of US$ 39,783. Compared to 2017 in the same period, exports from the Netherlands decreased by 13% in quantity, and 32% in value.

Until the 9th month of 2018, most of the whole pepper from the Netherlands are shipped to Germany (608 Mt), Belgium (550 Mt), Spain (343 Mt), Austria (298 Mt), and Czech Republic (199 Mt). Meanwhile, the top market for Netherland's ground pepper were Germany (724 Mt), United Kingdom (471 Mt), France (429 Mt), Belgium (347 Mt), and Sweden (152 Mt).