Weekly Publications

WPB Week #31/16, 1 - 5 August 2016

it.assistant@ipcnet.org 11 Aug 2016 7

The market showed a mixed response during the week. In Indonesia and Malaysia, Pepper prices have decreased, while in India and Sri Lanka it has marginally increased. The decrease of Pepper price in Indonesia is a normal phenomenon, in view of new material from current harvest which has arrived in the market.

As reported earlier, that the Pepper output of this year harvest in Indonesia would be lower compared to last year. Hence, current price decrease is not likely to continue for a longer period.

EXPORT OF PEPPER FROM VIETNAM:
During 2015 export of Pepper from Vietnam totaled at 133,600 Mt, registering a decrease of 9% from 146,400 Mt of export in 2014. In terms of value however, the export earnings from pepper had increased by 6% from US$ 1.2 billion in 2014 to US$ 1.3 billion in 2015. As estimated earlier, production of Pepper is estimated to increase significantly this year. An indication of the significant increase is shown by the export performance achieved in the first half of this year.

As per the official statistics, export of pepper from Vietnam during January - June 2016 totalled 106,300 Mt. As against total export of 88,600 Mt achieved in the same period lat year, a significant increase of 17% has been recorded. Highest exports performance achieved this year were recorded in the months of March - May 2016. Observing the situation, a target for export at the level of 150,000 Mt this year would be possible to be acieved .

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