Weekly Publications

WPB Week #34/14, 18 - 22 August 2014

it.assistant@ipcnet.org 22 Aug 2014 9

The pepper markets in the producing countries showed a mixed responses during the week. In Lampung, Vietnam and Sri Lanka, prices continue to incease, while in India and Malaysia decreased marginally. Significant increase was recorded in Sri Lanka. The high current price level, has hold the demand. Players bid contract for a small quantity only, just from hand to mouth. They do not want to take risks by keeping more stock. With a very tight stock available, Vietnamese farmers have no selling presure. Indonesia-s production, particularly Black Pepper, is anticipated lower this year. Hence, there would be difficult to have the prices to come down

IMPORT OF PEPPER BY THE UNITED STATES:
In June 2014, import of pepper into the United States was 6,466 mt, comprising of 4,746 mt of black, 696 mt of white and 1,007 mt of ground pepper. The import has recorded an increase of 7% from 6,046 mt in June 2013 but decreased from 6,942 mt in May and 7,246 mt in April 2014. During January - June 2014, USA imported 35,476 mt, (26,308 mt of black, 2,679 mt of white and 6,489 mt of ground pepper), recording a marginal increase of 3% from 34,544 mt in the same period last year. Import of black pepper increased, while import of ground pepper decreased. Import of white pepper was relatively stable. Vietnam strengthened his position to become the most important single source of black pepper for the United States, supplying 14,494 mt or 55% during January-June 2014. Import of black pepper from Brazil and Indonesia, the main traditional source for USA decreased to 5,651 mt and 3,992 mt respectively from 7,750 mt and 5,802 mt in the same period last year. White pepper was mainly imported from Indonesia; while ground pepper was from India and Vietnam. Those two countries supplied 82% of ground pepper to the United States during the first six month of 2014.

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