Weekly Publications

WPB Week #33/15, 17-21 August 2015

it.assistant@ipcnet.org 21 Aug 2015 2

The market is more active during the week. Although Pepper harvest in Indonesia is now in the full swing, there is no pressure reported in the local market. Prices of black Pepper in Lampung and white Pepper in Bangka were relatively stable. In dollar terms however, a marginal change was recorded due to weakening Indonesian Rupiah against US Dollar. In Vietnam, local price of black Pepper increased from VND 188,000 per Kg last week to VND 196,000 per Kg recorded at the beginning of the week. The price then closed at the level of VND 197,000 per Kg at the week's close. Local price of Vietnamese white Pepper remained stable at VND 261,000 per Kg. Fob price of Vietnamese Pepper were reported increase up to 6%.

In Sarawak, the price of black and white Pepper increased by MYR 1 per Kg locally. In dollar term however, the price decreased by 2%, due to weakening of Malaysian Ringgit against US Dollar. Fob price of Sarawak black Pepper decreased, while fob price for Sarawak white Pepper increased marginally by 1%.

IMPORT OF PEPPER BY CANADA:
Canada imported 5,951 Mt of Pepper during 2014, comprising of 3,267 Mt of whole and 2,684 Mt of ground Pepper. During the last ten years (2005-2014), annual import of Pepper by Canada was around 6,000 Mt, The import has shown a decreasing trend during the last five years; on average it was lower than 6,000 Mt, except in 2013.
During the first half of the year (Jan-Jun 2015) Canada has imported 3,119 Mt of Pepper (1,689 Mt. of whole and 1,430 Mt of ground Pepper) showing an increase of 7% as against 2,920 Mt (1,594 Mt of whole and 1,326 Mt of ground Pepper) imported in the same period last year.

Up to 2011 India was the main source of whole Pepper for Canada, but since 2012 Vietnam has dominated Pepper import to the country. United States remained the main source of ground Pepper for Canada.

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