Weekly Publications

WPB Week #48/12, 26 - 30 November 2012

it.assistant@ipcnet.org 07 Mar 2013 5

BLACK PEPPER: The market was slightly weaker and prices at most origins decreased marginally. This situation is likely due to Indian and Vietnamese crops are approaching. Stock available in Vietnam and Lampung is reportedly limited. Major share of the output from good crop in Lampung has been released, leaving a limited stock just to meet export demand up-to the next harvest. Although the price prevailed in India decreased, but when compared to prices in other source, the local price in India remains the highest. In Vietnam and Sri Lanka the price also decreased, while in Sarawak, a marginal increase in local market was recorded. In view of the limited carry over stock by the end of the year and pepper farmers have derived better returns during the last 2-3 years, the farmers are not willing to sell their produce at lower price.
WHITE PEPPER: In Bangka, local price of white pepper increased marginally, while in Sarawak decreased by 2%. In Vietnam, it was relatively stable.

EXPORT OF PEPPER FROM VIETNAM:
It was reported that Production of pepper in Vietnam this year decreased to around 100,000 mt from 110,000 mt in 2011. Exports during the first ten months reflected the situation. During January - October 2012, total export of pepper from Vietnam was 102,340 mt, registering a significant fall of 12% compared to export of 115,780 mt in the same period last year. It is estimated that export from Vietnam would be around 110,000 mt this year.

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