Weekly Publications

WPB Week #34/17, 21 - 25 August 2017

it.assistant@ipcnet.org 25 Aug 2017 10

Except in Bangka, pepper price at domestic market of most producing countries has shown an increasing trend. Malabar black in Kochi, India and Sarawak white in Kuching, Malaysia however were reported to remain unchanged.

In Viet Nam, pepper prices have moved up in view of decreasing material at domestic market. Producers are not eagerly to release available material. They are expecting to have better price in near future. Observing too many rains during flowering season, production of pepper for the upcoming crop season in Viet Nam is anticipated to be lower.

In Lampung, pepper harvest has completed and price increased by 4% locally. This was due to limited available material at farms as a result of lower out put realized from this year harvest.

EXPORT OF PEPPER FROM VIETNAM:
Production and export of pepper in Viet Nam is estimated to remain high this year and even higher than last year. Official source reported that production of pepper in Viet Nam during 2016 was 170,000 Mt, recording a substantial increase from 122,000 Mt in 2015. Together with pepper imported from other source Viet Nam recorded a fantastic export of 179,000 Mt in 2016 as against 134,000 Mt in 2015. Given the situation of continuous good weather, production of pepper in 2017 is reported to have remain good, even better than 2016. Hence, export of Viet Nam in 2017 is estimated to increase further.

During January-July 2017 Viet Nam has exported 147,300 Mt, including 131,200 Mt of blackpepper and 16,100 Mt of white pepper. When compared to export of 120,700 Mt in the same period lat year, an increase of 22% was recorded. Interms of value however, it has decreased by 17% from US$ 978 million to US$ 809 million. Highest export achieved this year was in March 2017. Observing the above situation, it is estimated that total export of pepper from Viet Nam this year would be easily touch 200,000 Mt, unless any specific reason to hold stock in anticipation of better price and lower output in the upcoming crop season.

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