Weekly Publications

WPB Week #05/15, 2 - 6 February 2015

it.assistant@ipcnet.org 06 Feb 2015 8

In India, the market was active as material from new crop has arrived in the market. In Kochi, local price of Malabar black stood at the level of INR 620 per Kg throughout the week. When compared to last week-s, the price was higher by 3%. In Lampung and Sarawak, the prices were reported stable. Except local price of black, pepper prices in Vietnam were also reported stable. Although the harvest in Vietnam has begun, particularly in southern region, the market still not brisk and prices remained high even higher when compared with the price prevailed in the last year-s harvesting season. The market is expected to be more active after new material from the harvest in Central highland regions arrived in the market in March.

IMPORT OF PEPPER BY UNITED KINGDOM:
During the last ten years import of pepper into the United Kingdom increased more than double from 5,500 Mt (3,390 Mt of whole pepper and 2,110 Mt of ground pepper) in 2004 to 12,945 Mt (3,833 Mt of whole and 9,112 Mt of ground pepper) in 2013. It is interesting to note that, the significant increase was recorded in the import of ground pepper from 2,110 Mt in 2004 to 9,112 in 2013, while import of whole pepper it has increase at lower rate.

In 2014, import of the United Kingdom is estimated to decrease to around 11,000 Mt from 12,222 Mt in 2013 due to limited supply from producing countries. The decrease is indicated by the decrease in total import up to November 2014 as shown in the following table.

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