Weekly Publications

WPB Week #48/16, 29 November - 2 December 2016

it.assistant@ipcnet.org 02 Dec 2016 5

The pepper market has shown an improvement, where price at most of the origins increased with different scales. In Lampung black pepper price increased marginally; while for white pepper in Bangka increased significantly by 7% locally from IDR 115,000 last week to IDR 124,000 this week. Malabar black pepper in Kochi increased daily from INR 660 per Kg last week to INR 670 this week. In Vietnam local price of black pepper also increased almost daily. On an average the increase was 3%. Local price of white pepper and FOB price in HCMC remained stable as last week. Prices in Sri Lanka and China indicated a remarkable increase.

In Sarawak, the price was stable in Ringgit, but in dollar terms decrease in prices could be observed due to weakening of Malaysian Ringgit against US dollar. It was reported that farm gate prices are far below the FOB price for both black as well as white pepper in Malaysia. One of the main reasons seems to be the difference in quality of unprocessed pepper at farms against export quality.

IMPORT OF PEPPER BY GERMANY:
In 2015 import of pepper into Germany increased by 13% from 25,960 Mt in 2014 to 29,235 Mt (26,435 Mt of whole pepper and 2,800 Mt of ground pepper) in 2015. Import of whole pepper increased by 2,931 Mt (12%) and 344 Mt (14%) for ground pepper. In 2016, import of pepper into Germany is estimated to remain high with a marginal increase as indicated by total quantity of pepper imported during the first eight months of the year.

During January - August 2016, Germany has imported 19,010 Mt (16,538 Mt of whole pepper and 2,472 Mt of ground pepper) as against 18,647 Mt, registering an increase of 2%. Brazil remained the most important source of pepper for Germany, supplying 6,313 Mt or 33% of total pepper imported into Germany. Vietnam the largest pepper producing countries supplied 6,023 Mt (32%). When compared to import in 2015, import from Vietnam increased by 39%. Import from Indonesia in the first eight month is only 1,340 Mt. Monthly import figures and chart is given below.

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