Weekly Publications

WPB Week #17/16, 25 - 29 April 2016

it.assistant@ipcnet.org 29 Apr 2016 7

The market remained steady and prices were relatively stable. A marginal decrease in dollar price for local price inKuching was observed due to weakening of Malaysia Ringgit against US dollar.

In India the price rebounded after experiencing a decrease at the last week close. During this week local price increased from INR 681 per Kg at the beginning of the week to INR 686 per Kg on Wednesday 27 April 2016. The price maintained at the same level till the weekÔÇÖs close.

EXPORT OF PEPPER FROM INDONESIA:
During 2015 Indonesia exported around 66,000 Mt. of pepper, comprising of around 42,500 Mt. of black and 23,500 Mt of white pepper. The export recorded a substantial increase of almost double when compared to export of 34,700 Mt in 2014. The significant increase was possible due to good harvest resulted in 2015, particularly black pepper in Lampung. Export of black pepper recorded a fantastic increase of 118% from 19,500 Mt in 2014; while for white pepper an increase of 54% was recorded from 15,233 Mt in 2014. Out of the total export of black pepper in 2015, a volume of 32,500 Mt (83% of total black) was shipped from Lampung, the main source of black pepper in Indonesia; while for white pepper more than 50% was exported from Jakarta and only 20% directly exported from Bangka. Significant quantity of pepper (12%) was also shipped from Surabaya in 2015.

It is interesting to note that Vietnam was the main destination of pepper from Indonesia. Around 43% of black and 33% of white was exported to Vietnam in 2015. The United States absorbed 22% of black pepper and Singapore also 22% of white pepper directly from Indonesia.

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