a UNESCAP Intergovermental Organization
a UNESCAP Intergovermental Organization
Weekly Publications
WPB Week #01/15, 05-09 January 2015
Entering 2015 the market has shown a more dynamic after having long quiet in view of Christmas and year-end holidays. Pepper prices in India, Sarawak and Sri Lanka increased; while in Indonesia were reported stable. In dollar terms however, marginal decrease in local price was recorded due to weakening Indonesian Rupiah against US Dollar. Closing the week, pepper price in India and Vietnam has shown a decreasing trend. This may be because of anticipated good harvest in India has begun. Similarly, harvesting season in Vietnam is also coming soon.
Pepper industry is now very encouraging. Pepper price has again experienced a fantastic increase in 2014 to reach US$ 5.10 and US$ 7.0 per pound for black and white pepper, respectively, recorded in New York market. This is the highest ever recorded value achieved so far. Previous peak price at the level of US$ 3.9 and US$ 5.9 per pound, respectively, for black and white pepper was achieved in 2011. The high price prevailing in the last few years has increased the enthusiasm of farmers to expand attention on pepper cultivation and increase production. In almost all the producing countries, an attempt to expand the planting and increase production has been programmed and implemented, but the results until now have not been encouraging. Limited area of expansion and extreme weather changes occurred in recent years has become a cause for poor success of those programs. In 2015 the production is expected to increase, but the output will be easily absorbed by the market and price is expected to remain unchanged. The development of pepper price in the last 40 years recorded in New York is shown in the following chart.
Previous Publications
- WPB Week #11/13, 11 - 15 March 2013
- WPB Week #10/13, 4 - 8 March 2013
- WPB Week #09/13, 25 February - 1 March 2013
- WPB Week #08/13, 18 - 22 February 2013
- WPB Week #07/13, 11 - 15 February 2013
- WPB Week #06/13, 4 - 8 February 2013
- WPB Week #05/13, 28 January - 1 February 2013
- WPB Week #04/13, 21 - 25 January 2013
- WPB Week #03/13, 14 - 18 January 2013
- WPB Week #02/13, 07 - 11 January 2013
- WPB Week #01/13, 31 December 2012 - 04 January 2013
- WPB Week #52/12, 24 - 28 December 2012
- WPB Week #51/12, 17 - 21 December 2012
- WPB Week #50/12, 10 - 14 December 2012
- WPB Week #49/12, 03 - 07 December 2012
- WPB Week #48/12, 26 - 30 November 2012
- WPB Week #47/12, 19 - 23 November 2012
- WPB Week #46/12, 12 - 16 November 2012
- WPB Week #45/12, 5 - 9 November 2012
- WPB Week #44/12, 29 October - 02 November 2012
- WPB Week #43/12, 22 - 26 October 2012
- WPB Week #42/12, 15 - 19 October 2012
- WPB Week #41/12, 8 - 12 October 2012
- WPB Week #40/12, 1 - 5 October 2012