Weekly Publications

WPB Week #47/17, 20 - 24 Nov 2017

it.assistant@ipcnet.org 24 Nov 2017 16

The market at sources remained mixed and moved slowly since price still ruled at relatively low level. In Lampung and Bangka local prices increased marginally while in Sarawak decreased. Marginal decrease was also recorded in India and Sri Lanka. Namargo Viet Nam reported that fob price of prompt shipment for Asta black 570g/l is US$ 4,073 per Mt and US$ 3,993 per Mt for black 550 g/l respectively. FOB price of Brazilian black pepper is US$ 3,500/MT for ASTA quality, US$ 3,400 and US$ 3,300 for B1 and B2 respectively (source: Royal Golden Trading).

IMPORT OF PEPPER BY UNITED KINGDOM
Import of pepper into the United Kingdom increase year by year. In 2016 a volume of 14,300 Mt (7,450 Mt of whole and 6,850 Mt of ground pepper) was imported by the United Kingdom, an increase of 19% from 12,000 Mt in 2015. In 2017 the import is estimated to increase further as indicated by total import during the first eight months.

During January ÔÇô August 2017, total import of pepper into the United Kingdom was 8,300 Mt, registering an increase of 5% from import in the same period last year (7,900 Mt). The increase was mainly due to increased Import of ground pepper by 24% from 4,270 Mt to 5,290 Mt. While import of whole pepper decreased by 17%. Viet Nam and India was the main supplier for the United Kingdom, together contributing around 50%.

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