Weekly Publications

WPB Week #34/16, 22 - 26 August 2016

it.assistant@ipcnet.org 26 Aug 2016 3

Except in Malaysia, pepper prices at source markets remained stable, even increased in Sri Lanka. A marginal decrease of local price in dollar terms seen in Bangka and Lampung Indonesia was due to weakening of local currency against US Dollar. In India, local price of Malabar black increased almost daily from INR 690 to INR 694 per Kg during the week. In dollar terms however, the average price was relatively stable.

In Sarawak, black pepper price decreased locally by 2%, while for FOB remained stable at the level of US$ 9,000 per Mt. Local price of Sarawak white decreased by 9% from MYR 41.00 per Kg at the beginning of the week to MYR 38.38 per Kg at the weekÔÇÖs close. FOB price of Sarawak white also decreased by US$ 350 per Mt to US$ 12,150 per Mt at the weekÔÇÖs close.

IMPORT OF PEPPER BY JAPAN:
During the last four years import of pepper into Japan has increased year by year from 8,130 Mt in 2012 to 9,068 Mt in 2015. The continuous increase of pepper import into Japan at the situation of prevailing high price levels indicated high demand and limited inventory available in the country.

During the first half of the year 2016 import of pepper into Japan was 4,107 Mt, comprising of 3,436 Mt of whole pepper and 1,671 Mt of ground pepper. The total import has recorded a decrease by 8% from 4,468 Mt in January - June 2015. Import of whole pepper was relatively stable at the level of 3,440 Mt; while for ground pepper decreased by 18% from 2,040 Mt last year to 1,670 Mt this year. The decrease of pepper import into Japan was due to significant decrease of pepper imported from Malaysia, the main source of pepper for Japan. During January- June 2015 Malaysia supplied 1,820 Mt (1,310Mt of whole pepper and 510 Mt of ground pepper); while this year Malaysia supplied 1,530 Mt (1,270 Mt of whole and 260 Mt of ground pepper) into Japan.

Download PDF

Previous Publications

1... 18 19 20 21 22 ...28