Weekly Publications

WPB Week #32/17, 07 - 11 August 2017

it.assistant@ipcnet.org 11 Aug 2017 1

Except in Sri Lanka, pepper prices at source markets has sown an increasing trend. A significant increase was recorded in Viet Nam by more than 10 %. Local price of black pepper in Lampung and Sarawak also increased by 6% and 4% respectively. Increase price at other source were reported at lower rates.

The market of pepper in Viet Nam is heating up, where price increases almost daily. Local price of black pepper in HCM City is reported at the level of VND 92,500 per Kg today as against VND 85,000 per Kg at the last week's close. Significant reduction of raw material at local market and the absence of alternative sources were likely the main factor for the changes. Increased demand from China, Middle East and European Union has also contributed for the increase.

IMPORT OF PEPPER BY JAPAN:
In the last two years import of pepper into Japan has decreased. In 2015 total import of pepper into Japan was 9,068 Mt decreased by 4% to 8,741 Mt in 2016. Out of total import, around 60% was whole pepper mainly from Malaysia and 40% was ground pepper mainly from Indonesia and Viet Nam.

During the first half of the year 2017 import of pepper into Japan was 3,780 Mt, comprising of 3,130 Mt of whole pepper and 1,650 Mt of ground pepper. The import has again decreased by 8% from 4,110 Mt in January - June 2016. The decrease was mainly in respect of whole pepper; while for ground pepper was relatively stable.

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