Weekly Publications

WPB Week #49/12, 03 - 07 December 2012

it.assistant@ipcnet.org 07 Mar 2013 16

BLACK PEPPER: The market showed a mixed response. In India, the pries increased with limited activities. In Vietnam and Sri Lanka, local prices decreased, while in Lampung and Sarawak the prices were relatively stable. In Lampung, the stocks just adequate to meet the export demand till the next crop comes to market. While in Vietnam stocks are with farmers, who are capable of holding and not willing to sell at lower price. Although the harvest in India and Vietnam is coming soon, there are no selling pressures were reported.

WHITE PEPPER: Local prices of white pepper at origins were stable during the week. Fob price in Vietnam increased, while in Sarawak decreased marginally.

EXPORT OF PEPPER FROM INDONESIA:
It was reported that Production of pepper in Indonesia, particularly black pepper increased significantly in 2012 as reflected in the development of exports in the second half of the year. Due to very tight stock at the beginning of the year, monthly exports in the first half of the year were very limited, except in February. Starting from July 2012, after new material from this year crop arrived in the market, export of pepper from Lampung increased significantly. During July - October 2012 export of black pepper from Lampung was 25,600 mt as against 4,700 mt in the same period last year. In the case of white pepper, the export also increased at lower rate.

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