Weekly Publications

WPB Week #44/13, 28 October - 1 November 2013

it.assistant@ipcnet.org 01 Nov 2013 13

The market is quite firm and prices at all producing countries has increased further. Significant increases were recorded for local price prevailed in Brazil and Sri Lanka. Short supply situation is the main reason for this continuation of price increase. Recent harvest in Brazil is likely not adequate to cover the shortage of supply from other sources. In Lampung and Vietnam, traders/brokers are finding it very difficult to source raw material. Local price in Lampung increased to IDR 74,000 per kg from IDR 72,500 at the beginning of the week. Local price of black pepper in Kochi also increased to INR 458 per kg from INR 452 last week.

IMPORT OF PEPPER BY THE NETHERLANDS:
Netherlands as one of the important pepper trading countries in Europe imported 16.506 mt of pepper in 2012, comprising 12,895 mt of whole pepper and 3,611 mt of ground pepper. Major portion of pepper imported by the Netherlands was for re-exported to the neighboring countries in EU. Up to July 2013, total import of pepper into Netherlands was 8,046 mt (5,803 mt of whole pepper and 2,243 mt of ground pepper), recording 14% lower from the total import in the same period last year. Import of ground pepper however, increased by 16% to 2,243 mt and for whole pepper decreased by 22%. Vietnam remains the most important pepper supplier for Netherlands followed by Indonesia, Brazil and India.

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