Weekly Publications

WPB Week #18/17, 1 - 5 May 2017

it.assistant@ipcnet.org 05 May 2017 6

The market showed a mix response. Pepper price in Viet Nam and Sri Lanka increased during the week while in India and Indonesia decreased. In Sarawak the price was reported stable.

In Vietnam, the market has been more dynamic following situation of increased price of pepper during the week, after experiencing a significant decrease in April. Effect of continuous price decrease in Viet Nam is likely to be shown in India and Indonesia by 3-4% this week. The market is expected to be more active and firm soon after output of the pepper harvest in Viet Nam cleared. During the week under review, local price in HCMC increased by VND 5,000 and VND 2,500 per Kg respectively for black and white pepper. Smaller output of black pepper from this year harvest in Lampung is expected to begin in July while for white pepper in Bangka will start in June.

IMPORT OF PEPPER BY THE UNITED STATES:
In 2016 import of pepper into the United States of America decreased by 5,000 Mt to 75,000 Mt from 80,000 Mt in 2015. Import of black and ground pepper decreased while import for white pepper increased marginally.

In February 2017, the United States imported 5,165 Mt of pepper, recording a decrease of 17% from 5,250 Mt imported in February 2016 and decreased by 12% from 5,860 Mt in the January 2017). During January-February 2017 the United States imported 11,020 Mt (7,500 Mt of black, 620 Mt of white and 2,900 Mt of ground pepper). Total import in the first two months was lower by 7% when compared with the total import in the same period last year. The decrease was mainly due to significant decrease in the import of ground pepper. Indonesia and Viet Nam were the main source of black and white pepper for the United States while ground pepper was mainly imported from India and Viet Nam.

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