Weekly Publications

WPB Week #02/17, 9 - 13 January 2016

it.assistant@ipcnet.org 13 Jan 2017 6

The market remained inactive. Price in India, Indonesia and Malaysia were stable, but in Vietnam decreased. Marginal decrease was also recorded in Sri Lanka.

In Vietnam, the price decreased almost daily during the week. Local price of black pepper decreased from VND 136,500 per Kg at beginning of the week to VND 129,500 per Kg at the week's close. Local price of white pepper stood at the level of around VND 177,500 per Kg throughout the week. On an average the decrease reached 4%.

PORT OF PEPPER FROM MALAYSIA:
In the last four years export of pepper from Malaysia increased year by year from 10,600 Mt in 2012 to 13,600 Mt in 2015. In the last 44th IPC Session held in Jakarta on August 2016, it was reported that a volume of 15,500 Mt is expected to be exported from Malaysia in 2016. However the target is unlikely to be achieved, even lower than previous year as indicated by export performance achieved during the first ten months.

Up to October 2016, total export of pepper from Malaysia was 9,600 Mt decreased by 2,230 Mt (19%) from 11,830 Mt in 2015. Large supply of pepper from other source like Vietnam, which offers more competitive price, is likely to be one reason for the decline in export volume. Japan remained the most important market for Malaysian pepper, followed by China and South Korea. Up to December 2016 export from Malaysia is estimated around 11,500 Mt.

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