Weekly Publications

WPB Week #11/13, 11 - 15 March 2013

it.assistant@ipcnet.org 15 Mar 2013 10

BLACK PEPPER: The market watched on the developments in Vietnam, world largest producer and exporter of pepper, which is now in upswing of harvesting season. In HCMC, the market was active during the week but price decreased marginally by VND 1,000 per kg. In India, spot price at domestic market in Kochi decreased from INR 351 per kg to INR 347 at the beginning of the week. The price then recovered to INR 351 per kg at the week-s close. At futures market the price increased up to 5% for May contracts. In Lampung, prices increased marginally with limited activity. Stock at domestic market was reportedly very tight; while new material from this year crop is expected to enter the market only by July. A marginal increase of pepper prices was also recorded for Sarawak black. It is reported that crop season in Sri Lanka will start in March end and prices prevailed during the week under review, was reported to be relatively stable.

WHITE PEPPER: In Bangka and HCMC, white pepper prices remained stable, while in Sarawak a marginal increase was recorded.

IMPORTOF PEPPER BY GERMANY:
During January - November 2012, Germany has imported 24,417 mt, comprising of 22,191 and 2,226 mt of whole and ground pepper respectively, as against 23,446 mt (21,792 mt of whole and 1,654 mt of ground pepper), registering an increase of 4%. For the whole year of 2012, total import of pepper into Germany is estimated to be around 26,500 mt as against 25,200 mt in 2011. Vietnam remained the most important source of whole pepper for Germany, supplying around 43% followed by Brazil 20% and Indonesia 12%. As trading countries, the Netherlands also supplied significant quantity of whole and ground pepper to Germany.

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