Weekly Publications

WPB Week #27/16, 04 - 08 July 2016

it.assistant@ipcnet.org 11 Jul 2016 7

Domestic market continued to give mixed responses. In India black Pepper price were more or less stagnant and in Sri Lanka, Black Pepper price has decreased marginally. Black and white Pepper price increases were seen in Vietnam by 4.7% and marginal increase were also observed in Malaysia in their local market. FOB prices were also seen stable except Vietnam, where black Pepper price has advanced marginally. This week Pepper markets in Indonesia were quite because of the celebration of the Ramadan festival. New material from upcoming harvest in Lampung is expected to be available by late July and some price movements are expected to be seen thereafter. In Bangka, initial harvest has started and normal harvest will be starting by this week. This is the month of Pepper harvest in China, Malaysia and Sri Lanka also.

Brazil is expected to start its harvest from August onwards. In Brazil, the dollar seems likely to be depreciating against the Brazilian Real. This year by supply and demand forces one can believe that most likely this trend may continue until the next Para crop which would start in August, September and October 2016 or perhaps far later ahead also. Supply of pepper from Esp?¡rito Santo, South East part of Brazil, will be far low because of El-Nino effect and Fusarium wilt damage.

IMPORT OF PEPPER BY NETHERLANDS:
The Netherlands has seen decreasing trends in total imports of Pepper whole, crushed or grounds gradually from year on year basis, the graph as depicted for the last five years are as below. The import fall has been quite significant from 2011 to 2012 had been -21%, from 2012 to 2013 had been -10%, from 2013 to 2014 had been -1% and from 2014 to 2015 had been -25%.The Pepper market trade has been going down quite significantly in volume terms . The major supplies for whole Pepper are met from Vietnam (almost 50%), Indonesia, India and Brazil and for ground Pepper from Vietnam, Germany, Spain, Indonesia, India, Belgium and China.

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