Weekly Publications

WPB Week #17/15, 27 April - 01 May 2015

it.assistant@ipcnet.org 04 May 2015 9

The market was stronger this week, particularly in India. In Indonesia and Vietnam, the market has recovered after experiencing a declining trend observed during last weeks.

In Kochi, India, pepper price increased further by INR 10 per Kg to INR 585 per Kg. In Lampung and Bangka, local prices have recovered and stood at the level of IDR 105,000 per Kg for black in Lampung and IDR 170,000 for white pepper in Bangka. In HCMC, Vietnam, local price of black pepper increased by 2% to VND 178,500 per Kg this week. In Sri Lanka, local price also increased by LKR 10 per Kg this week.

EXPORT OF PEPPER FROM BRAZIL:
During February 2015, Brazil exported 2,440 Mt of pepper valued at US$ 22.5 million as against 3,106 Mt valued at US$ 23.2 million exported in February 2014. During January - February 2015, total export of pepper from Brazil was 6,773 Mt worth of US$ 62.2 million. When compared to exports in the same period, last year, there was a marginal increase of 3% in quantity, but significant increase in value of 26%. During the first two month the United States and Germany continued to be the most important destinations absorbing about 39% and 36% of the pepper shipped from Brazil, respectively. Brazil also exported 97 Mt of ground pepper in 2014 and in the first two month of this year a volume of 18 Mt of ground pepper has been exported from Brazil.

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