Weekly Publications

WPB Week #12/17, 20 - 24 March 2017

it.assistant@ipcnet.org 24 Mar 2017 6

Except in India, average price of black pepper in local market of the most origins has increased up to 7% during the week. Although Viet Nam is now in the peak of its harvesting season, the market however is not brisk. Producers are not interested to release their material as low level as received last week. This week, average price has shown an improvement. Local price of black pepper in HCMC increased from VND 100,000 per Kg last week to VND 107,000 per Kg this week.

In Lampung the prices of black pepper has increased marginally, but trading activity was very quiet in view of very limited material arrived in the market. Upcoming harvest which is expected to begin in July/August is anticipated to be not promising. Too many rains occurred during this year season is not favourable for flowering and fruiting. In addition to the above, wind storm has also braved pepper garden in a large scale at main growing areas in East Lampung. Under this situation, a significant decrease of pepper output from this year harvest in Lampung is anticipated.

In the case of white pepper, the price in Bangka and Vietnam increased, but in Sarawak and China decreased locally.

EXPORT OF PEPPER FROM MALAYSIA:
During 2016, export of pepper from Malaysia was 12,550 Mt, consisting of 10,950 Mt of whole pepper and 1,600 Mt of ground pepper. As against 13,910 Mt of export in 2015, there was a decrease of 10%. Whole pepper decreased by 1,775 Mt (14%), while for ground pepper however increased by 415 Mt (35%). In terms of value, export earnings of Malaysia from pepper decreased by 11% from US$ 133 million in 2015 to US$ 119 million in 2016. Japan remained the most important market absorbing 25% of pepper exported by Malaysia. China, Viet Nam and Taiwan also imported significant quantity of pepper from Malaysia.

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