Weekly Publications

WPB Week #22/13, 27 - 31 May 2013

it.assistant@ipcnet.org 03 Jun 2013 6

Except in Vietnam, market was reported to be calm due to limited inventory at most of the producing countries. Pepper prices at origins were reported stable through-out the week. However when compared to average price during last week, local prices of pepper in Sarawak has deceased; while in Lampung, Bangka and Sri Lanka, prices have increased up to 2%. In Vietnam, the market was reported to be more active. Export of pepper from Vietnam during the first four month was higher when compared to export in the same period last year. In contrast, export of pepper from Indonesia decreased in line with the estimated lower production this year.

EXPORT OF PEPPER FROM INDONESIA: During 2012, Indonesia exported 62,608 mt of pepper (49,500 mt of black and 13,108 mt of white pepper) valued at USD 423.48 million, recording a substantial increase of 72% in volume and 97% in value, which is the highest achieved in the history of the pepper industry in Indonesia. Due to limited stock brough forward from 2012 and projected lower production this year, export of pepper in 2013 is estimated to be lower from the export achieved in 2012. Tight supply of pepper in Indonesis is reflected by the continuous decrease in the volume of export from 11,118 mt in September 2012 to only 1,798 mt in February 2013. During January - February 2013, Indonesia exported 5,582 mt, which is the lowest when compared to the exports in the corresponding period of the last two years.

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