Weekly Publications

WPB Week #45/16, 7 - 11 November 2016

it.assistant@ipcnet.org 11 Nov 2016 1

The market showed a mixed response during the week, with limited activity. In Vietnam the price has shown an increase both in local and as well as in FOB price after continuous decrease in the last few months. An increase is also recorded in Sri Lanka and Bangka. The price increase prevailed during the week reflected limited supply at the sources.

In India the price has decreased during the week by 2% after reaching at a high level for the last few months in 2016. Pepper harvest in India which will take place soon in upcoming months, may be one of reason for the decrease. In Sarawak and Lampung, the price had also decreased at different levels. In addition to the real price decrease prevailed during the week, a weakening of local currencies in these countries have also contributed to the decrease in price. In Sarawak, local price of black and white pepper decreased by 11% and 9% respectively; while in Lampung local price decreased by 2%

IMPORT OF PEPPER BY JAPAN:
Japan, one of the most important consuming countries for pepper in East Asia, imported pepper at a volume of around 8,000 to 9,000 Mt annually. During 2015 Japan imported 9,100 Mt of pepper, comprising of 5,300 Mt of whole pepper and 3,800 Mt of ground pepper, as against 8,800 Mt (5,200 Mt of whole and 3,600 Mt of ground pepper) imported during the year 2014. During January - September 2016, total import of pepper into Japan was 6,500 Mt (3,800 Mt of whole and 2,700 Mt of ground pepper). When compared to import in the same period last year, a decrease of around 310 Mt (5%) was recorded. Malaysia remained the most important source of whole pepper for Japan in 2016, supplying 38%, followed by Indonesia 33%. Vietnam also supplied significant quantity of 21% into Japan in the first nine months of the year. Monthly import figures of pepper by Japan during January - September 2016 are shown at the table below:

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