Weekly Publications

WPB Week #12/15, 23 - 27 March 2015

it.assistant@ipcnet.org 27 Mar 2015 12

The market continued to be steady and price increased at most origins. Marginal decrease of 1% however was reported locally for black in HCMC, Vietnam from VND 177,000 to VND 175,000 per Kg this week. FOB price of Malabar and Vietnamese black Pepper increased marginally by 1%. In Lampung and Sarawak, the FOB price was stable. In the case of white pepper, the price was also reported stable.

From Lampung it was reported that the market was very quiet, despite the price was considerably encouraging. This was due to very tight stock available with the farmers as well as with the traders. This year production of black pepper in Lampung is estimated to be better; although decreasing area of production was reported, particularly in North Lampung. In East Lampung, rejuvenation has taken place during the last few years. Supported by favourable climatic conditions, output of this year harvest is expected to be much better compared to last year.

IMPORT OF PEPPER BY NETHERLANDS:
Netherlands, one of the most important pepper trading countries in Europe imported 15,847 Mt of pepper comprising of 11,188 Mt of whole and 4,659 Mt. of ground pepper. Total import in 2014 was slightly higher from import in 2013, but still lower when compared with imports during period 2010-2012 Pepper imported by the Netherlands mainly for re-export to the neighboring countries in the EU. In the last five years, import of ground pepper into the Netherlands showed an increasing trend, from 1,338 MT in 2009 to 5,127 MT in 2013, but decreased marginally to 4,659 MT in 2014. Vietnam remained the main supplier for the Netherland, contributing more than 62% in 2014, followed by Indonesia and India.

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