Weekly Publications

WPB Week #07/16, 15-19 February 2016

it.assistant@ipcnet.org 21 Feb 2016 8

The market of pepper showed a mixed response at different origins during the week. Black pepper price in India and Sri Lanka increased, while in Sarawak and Lampung decreased marginally. Local price of white pepper in Bangka increased, while in Sarawak decreased.

It is understood the increase of Malabar black in Kochi was due to significant fall of output from this year harvest. In Vietnam, initial harvest has begun and the output is expected to be better this year. Buyers have come back office from holiday and started doing business. Market was more active during the week. Under this situation, local price of Vietnamese pepper prevailed at HCMC decreased marginally. Market situation occurred in Vietnam, the largest supplier has likely influenced market situation in Lampung and Sarawak, where prices in these two countries also decreased marginally.

IMPORT OF PEPPER TO THE UNITED STATES
Supported by sufficient supply from producing countries, import of pepper by the United States of America increased in 2015 by 11,560 Mt (17%) from 68,800 Mt in 2014 to 80,360 Mt in 2015. Import of black pepper increased by 10% to 53,290 Mt and for white pepper increased by 3% to 5,480 Mt. A significant increase of 45% was recorded for ground pepper to 21,590 Mt in 2015. The increase in import was in line with the increase in production of pepper in producing countries, mainly in Indonesia and India. Although production of Vietnam decreased in 2015, Vietnam still maintained its position as the largest supplier (41%) of whole pepper for the United States, followed by Indonesia (25% and Brazil (22%). Import of ground pepper was mainly from India and Vietnam. These two countries supplied 76% of ground pepper to the United States. India 45 % and Vietnam 31%.

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