Weekly Publications

WPB Week #50/13, 9 - 13 Desember 2013

it.assistant@ipcnet.org 13 Dec 2013 9

Pepper price is firm this week. Main reason for this situation is lack of available material at all origins. Pepper harvest in India is approaching. The size however is reportedly to be smaller and will easily be absorbed by domestic demand. This likely situation will not significantly influence market direction. In Kochi, India, pepper price of Malabar black increased significantly to INR 512 per kg from INR 490 last week. In Lampung, black pepper price increased by IDR 2,500 per kg; while in Bangka, white pepper price increased by IDR 9,000 per kg to IDR 124,000 mt this week. In HCMC, Vietnam, prices increased by 1% for black and 2% for white pepper. Sarawak black increased from MYR 18.6 per kg last week to MYR 19 at the week-s close. A marginal increase was also recorded for Sarawak white.

EXPORT OF PEPPER FROM INDONESIA
Indonesia, the second largest pepper producing and exporting country in the world exported 62,608 mt of pepper in 2012. 49,500 mt was black and 13,108 mts was white pepper. Out of 49,500 mt of black pepper a volume of 43,225.mt (87%) was shipped from Lampung. Due to significant fall of pepper production in Lampung this year, export of black pepper in 2013 has decreased. During January - October 2013 export of black pepper from Lampung was 21,408 mt, showing a significant decrease (12,500tons) from 33,923 mt in the same period last year. Due to limited stock, export of pepper from Lampung in October 2013 has decreased significantly from 6,494 mt achieved in September 2013 to 3,287 mt.. When compared to export performance in October 2012, export in October 2013 was only 46%. Under this situation, exports in the remaining months are estimated to lower than the last year.

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