Weekly Publications

WPB Week #29/16, 18 - 22 July 2016

it.assistant@ipcnet.org 22 Jul 2016 2

In Indonesia Pepper harvest is on upswing trend. However, due to El Nino occurred in the last year followed by La Nina phenomenon this year, production of Pepper in Lampung, Bangka and other producing areas in Indonesia were reported to be significantly lower when compared to last year output. In Lampung the markets are still calm, but prices decreased marginally with limited offers. New material is expected to arrive in the market by early August. In Bangka, trading was reported to be more active, but Pepper price has drifted lower.

In India, Malabar black Pepper price remained high at the level of INR 696/Kg locally and US$ 10,550/Mt as fob price. In Vietnam, prices were stable; while in Sarawak and China the Pepper price were reported to have decreased, with very limited activity.

IMPORT OF PEPPER BY RUSSIA:
Russia is one of the important markets for Pepper in Eastern Europe. In the last decade, Russia imported Pepper on an average at around 8-9,000 Mt annually. In the last two years however, Pepper import into Russia had been decreasing from 9,797 Mt in 2013 to 7,927 Mt in 2014 and to 6,793 Mt in 2015. Out of the total Pepper imported by Russia, around 10% was ground pepper. Vietnam was the main supplier of Pepper for Russia, followed by Indonesia and India.

During January - April 2016, Russia imported only 1,710 Mt (1,544 Mt of whole and 166 Mt of ground Pepper), recording an Increase of 16% as against 1,470 Mt of import in January - April 2015. In the first four months, Vietnam was very dominating Russian market, supplying 74% of total Pepper import into Russia.

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