Weekly Publications

WPB Week #39/17, 25-29 September 2017

it.assistant@ipcnet.org 29 Sep 2017 12

The market remained quiet and decreasing price trend still continuing during the week. Trading was reported less due to weak of overseas demand and limited material arrived in the market. There is no price information received from official source in Viet Nam during this week. However, some source reported traders in Viet Nam offered price at the level of US$ 3,950 per Mt for black 500 g/l FAQ, US$ 4,195 (550 g/l FAQ) and US$ 4,280 (570 g/l FAQ). Sarawk black yellow label offered at US$ 4,600 and for white pepper blue label US$ 7,800 per Mt, according to Nguong Aik (Kuching) Sdn Bhd.

It was unofficially reported that up to August 2017 Viet Nam has shipped huge quantity estimated 167,000 Mt of pepper. This was the main factor affecting price drop significantly in the last few months. Current stock is reported to have minimal and for the remaining month export is estimated to be lower. Observing current situation of less flowering and fruiting performance, estimation of lower output in the upcoming crop season is anticipated. It is expected the price will be recovery in the near future.

IMPORT OF PEPPER BY FRANCE:
In 2016 France imported 11,500 Mt of pepper (8,500 Mt of whole and 3,080 Mt of ground pepper), recording an increase of around 1,300 Mt from 10,200 Mt (7,500 Mt of whole and 2,700 Mt of ground pepper) in 2015.

During January - July 2017, France has imported 6,220 Mt (4,560 Mt of whole and 1,660 Mt of ground pepper), a decrease of 13% when compared with import of 7,130 Mt (5,410 Mt of whole and 1,720 Mt of ground pepper) during same period in the year 2016. Viet Nam, Brazil and Indonesia were the main source of pepper for France. They together supplied around 60% of pepper to France (Viet Nam 21%, Brazil 20% and Indonesia 19% respectively). India and Germany also supplied significant quantity into France in the first seven months 2017.

Download PDF

Previous Publications

1 2 3 4 5 6 ...28