Weekly Publications

WPB Week #06/16, 8-12 February 2016

it.assistant@ipcnet.org 12 Feb 2016 10

The market was quiet during the week under review, in view of long Tet holiday in Vietnam and Chinese New Year holiday in China, Sarawak, Lampung and Bangka. Prices at those origins were reported unchanged, with very limited activities. In dollar terms, local prices in Lampung, Bangka and Sarawak increased marginally due to strengthening of local currencies against US dollar. It is expected that market will be changing in March, when significant quantity from this year harvest arrived in the market. In India, the market was more active, supported by available new material from current harvest. Average price of pepper at Kochi decreased from INR 620 per Kg last week to INR 607 this week. In Sri Lanka, the price was relatively stable at the level of LKR 1,172 per Kg.

IMPORTOF PEPPER BY JAPAN:
Import of pepper into Japan was at around 8-9,000 Mt annually. Up to the year of 2009, import of ground pepper increased from year to year, while import of whole pepper decreased. From 2009, import of ground pepper was relatively stable at around 3,650 Mt a year, while for whole pepper fluctuated between 4,600 - 5,400 Mt. During the last four years total import of pepper into Japan increased consistently from 8,100 Mt in 2012 to 9,100 Mt in 2015. The continuous increase of import during the years of high prevailing prices has indicated that demand for pepper in Japan has increased. Sarawak was traditionally the main source of whole pepper for Japan. For ground pepper, Indonesia maintained its position as the major supplier of ground pepper in the last five years.

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