Weekly Publications

WPB Week #39/16, 26 - 30 September 2016

it.assistant@ipcnet.org 30 Sep 2016 12

Except in Indonesia, pepper pieces were relatively stable, even increased marginally. In India the price of black pepper remained high at the level of INR 685 (US$ 10.3) per Kg locally. In Sarawak the price also stable at the level of MYR 25 and MYR 37 per Kg locally for black and white pepper respectively. A marginal increase was recorded in Sri Lanka from LKR 1,245 per Kg last week to LKR 1,262 per Kg this week.

Anomaly phenomenon was reported in Indonesia, where pepper price decreased significantly during the week; while production of this year harvest decreased, particularly black pepper in Lampung. Due to limited material and low prevailing price level the market was very quiet this week. As such It is expected the situation will be recovered.

EXPORT OF PEPPER FROM INDONESIA:
In 2015 Indonesia exported 58,075 Mt. of pepper, comprising of 37,869 Mt. of black and 20,206 Mt of white pepper. The export recorded a substantial increase of around 67% from the export of 34,730 Mt in 2014. The significant increase was possible due to good harvest resulted in 2015. Export of black pepper recorded a fantastic increase of 94% from 19,500 Mt in 2014; while for white pepper an increase of 33% was recorded, from 15,233 Mt in 2014.

Vietnam was the main destination for Indonesia in 2015, replacing the traditional market, the United States to the second position. Around 40% (22,700 Mt) of pepper from Indonesia was exported to Vietnam in 2015; while pepper shipped directly to the United States was only 10,100 Mt (17%). Singapore and India imported 6,630 Mt (11%) and 4250 Mt (7%) respectively.

In 2016, export of pepper from Indonesia is estimated to decrease, particularly black pepper, following a significant decrease of production in Lampung this year. Indication of the decrease is shown by export performance reported during January-April 2016. Although total export during the first four months recorded a marginal increase, but trend of monthly export was consistently decreasing. This indicated that carry over stock from previous harvest was very tight. Export for remaining months is expected only new material from the lower harvest this year.

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