Weekly Publications

WPB Week #16/14, 14 - 18 April 2014

it.assistant@ipcnet.org 22 Apr 2014 15

The market of pepper continued to be firmer. Although trading was very limited in view of some holidays this week, the prices have increased further. In India, pepper price crossed INR 60,000 per 100 kg in Kochi and fob price of Malabar black recorded the highest level at USD 10,185 per mt on 17 April 2014. In Vietnam, local price of pepper increased by VND 5-6,000 per kg this week. In Indonesia, local price of Lampung black was IDR 80,000 per kg and IDR 125,000 per kg for white pepper in Bangka. Marginal increase of local price was also recorded in Kuching. Because of the long holidays covering almost one week, there was no trading activity reported in Sri Lanka and Brazil
IMPORT OF PEPPER BY SINGAPORE:
During nineties Singapore was predominant in pepper trading with a substantial volume of trade of around 44,000mt of import. Indonesia was the main source and has a share of more than 50% of pepper into Singapore. It is interesting to note that pepper trade by Singapore has experienced a substantial decrease to reach 13,000 mt of import in 2005 and 10,000 mt in 2010. The decrease was mainly due to importers in consuming countries started sourceing pepper directly from producing countries. During 2013, Singapore has recorded a significant change in pepper trade and the import of pepper into Singapore has increased substantially by 70% over last year and reached to 20,254 mt. Vietnam was the main source, supplying nearly 60% of pepper imported by Singapore, followed by Indonesia (28%)

Download PDF

Previous Publications

1... 6 7 8 9 10 ...28