Weekly Publications

WPB Week #05/17, 30 January - 3 February 2017

it.assistant@ipcnet.org 03 Feb 2017 1

The market showed a mixed response during the week. In India the price decreased since harvest in Kerala and Karnataka is on full swing. Compared to last week, an average of around 3% decrease was recorded in Kochi. In Indonesia, the price of black pepper in Lampung and white pepper in Bangka were reported stable. Similarly for Sarawak black in Kuching was also stable, but for white pepper increased marginally by 1%. FOB price in Indonesia and Malaysia were reported stable. In Sri Lanka, an increase of 2% for black pepper was recorded.

In Vietnam and China, the market was quiet in view of Chinese new-year holiday mood continues until the end of the week. There was no price reported from Vietnam and China during the week.

EXPORT OF PEPPER FROM BRAZIL
In the last 44th Session of IPC held in Jakarta, Indonesia, on 08 - 11 August 2016, it was reported that Brazil anticipating to harvest 45,000 Mt of pepper in 2016 crop season. Out of this a volume of around 39,000 Mt was estimated to be shipped from Brazil. Some source reported that real production of pepper in Brazil for the 2016 crop season was not as good as predicted earlier. This was reflected by the export realization achieved in 2016.

During 2016 export of pepper from Brazil decreased by 7,000 Mt (18%) from 38,000 Mt in 2015 to 31,000 Mt in 2016. In terms of value, Brazil realized export earning from pepper of around US$ 247 million in 2016 as against US$ 348 million in 2015, a decrease of around 29%. It is interesting to note that main market of Brazilian pepper in 2016 was Germany, absorbing 9,250 Mt (30%) of Brazilian pepper exports followed by United States 24%. In 2016 export into USA decreased to only 7,300 Mt as against 12,500 Mt in 2015.

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