Weekly Publications

WPB Week #02/18, 08 - 12 January 2018

it.assistant@ipcnet.org 12 Jan 2018 146

Pepper price at main origins decreased during the week but local price in Kuching, Lampung and Sri Lanka were reported stable. In India the price decreased by 5%. This may be due to pepper harvest in India is now in the peak season. In Viet Nam local price of pepper were reported at the level of VND 66,500 per Kg for black and VND 107,500 for white pepper. FOB price of black 550g/l was US$ 3,550 per Mt and US$ 5,050 for white pepper as quoted by Namagro.

In Indonesia, local price of black pepper in Lampung was reported stable at IDR 43,000 per KG while for white pepper decreased to IDR 65,000. In Sarawak, the prices stood at the level of MYR 13.40 per Kg for black and MYR 20.19 for white pepper. In dollar terms however, the price increased marginally by 1% due to strengthening of Malaysian Ringgit against US Dollar. Trade source in Dubai reported Brazil pepper price was US$ 3,300 and US$ 3,200 per Mt for BASTA and B1 respectively.


EXPORT OF PEPPER FROM INDONESIA
In 2016 Indonesia exported 53,100 Mt. of pepper (32,100 Mt. of black and 21,000 Mt of white pepper). The export decreased by 9% from the export of 58,075 Mt in 2015. The decrease was mainly due to decreased production of black pepper in Lampung.

In 2017 export of pepper from Indonesia is estimated to be more or less same as last year or marginal decrease. Export of black pepper is estimated to decrease significantly, following a continuous decrease of black pepper production reported in Lampung. While export of white pepper is estimated to increase this year since production of white pepper in new producing areas in Kalimantan and Sulawesi increased. During January-August 2017, Indonesia exported 27,100 Mt of pepper due to sufficient material from last year crop. Export in the remaining months (September-December 2017) is estimated lower when compared to export over the same period last year.

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