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Weekly
Highlights
2008-05-06
Black pepper in Brazil is
absolutely dull for over 3 weeks now. Prices decreased and are at par with
Vietnam but sales happen very scarcelly.
Today B2 500gl is priced at U$D 3,350 pmt and B1 at U$D 3,500 pmt FOB.
Vietnam 500 gl FAQ at U$D 3,250 - 3,300 pmt and 550 gl FAQ at U$D 3,550
pmt FOB.
BASTA at U$D 3.700 and VASTA at U$D 3,770 all fob.
Cloves from Brazil at U$D 4,100 pmt FOB but must be booked only against
serious sample of the lot as most of the buyers are refusing the quality.
Brazilian Allspice pimento at U$D 3,200 and Mexican at U$D 3,700 FOB
This week we start to publish the "Spices Weekly commodities report" under
an agreement of the AnandRathi Commodities from India.
Check it by clicking here - Its in
Acrobat Reader file.
CLICK HERE FOR WEEKLY HIGHLIGHTS ARCHIVES
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CLICK HERE FOR FULL MONTH
CHART
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Today from Cochin |
Friday May 09,
2008
Pepper down on a
listless day, demand poor with buyers moving aside since a few days
here.
MG1 asta at $ 3600 pmt fob.
Demand from indian customers remain poor with heat wave intensifying
all across the country.
Wednesday May 07,
2008
Pepper drops
echoing sentiments from Vietnam, Brasil, prices lower somewhat here in
India, demand not encouraging, buyers withdrawn at the moment.
MG1 at $ 3675 pmt fob cochin |
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Other Spices
03-07 Mar
2008 |
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Product
last week Trend Sentiment |
- CUMMIN
Up Steady Up
- CLOVES
Up
Up Up
- PIMENTO
Steady
Stable
- GARLIC
Down
Stable Down
- CHILLI
Down
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SESAME
Up Up
Up |
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WPB Week #18/08, 28 Apr– 02 May 2008
BLACK PEPPER: Vietnam as the main producers and exporters
is at the end of its harvesting season and has now
become the main factor driving market direction. Lower
prices in Vietnam have dampened the traders’ sentiments.
In Vietnam, trading was limited due to lack of overseas
demand in addition to producer’s attitude of holding stocks.
They only released materials when prices met their
expectations. Labour Day holiday during the week also slowed
down market activity. At Daklak, prices for raw material
stood at around VND 48,500 per kg.
In India, futures market showed a positive direction due
to the increased demand at lower rate. There were some
activities at the Commodity Exchange, but prices declined
by around 1-3% from last week. In Lampung, prices were
reported to remain stable.
In Sarawak, local prices
increased by MYR 350 per mt from MYR 9,350 to MYR 9,700 at
the week’s close, while FOB prices were stable at USD
4,400 per mt. Compared to last week, local prices increased
by 2%, while FOB prices decreased by 2%.
In Sri Lanka, average pepper price at growing areas increased
marginally by 1%.
read more... |
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The further access to the full
article is granted to the IPC subscriptors |
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www.ipcnet.org |
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| PEPPERTRADE OFFERS ON BEHALF OF ITS
CLIENTS THE FOLLOWING PRODUCTS:
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| DATE |
PRODUCT |
PRICE |
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| 2008-04-19 |
Black Pepper B2 |
U$ 3,600 |
| 2008-04-19 |
Cloves B1 |
U$ 4,100 |
| 2008-04-14 |
Black Pepper 500g FAQ |
U$ 3,350 |
| 2008-04-14 |
Black Pepper 550g |
U$ 3,650 |
| 2008-04-12 |
White Pepper FAQ Hainan |
U$ 4,900 |
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The offers above are valid
only on the mentioned date.Out of this date prices and availability must
be reconfirmed.
MORE...
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News
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Glut in Vietnam pushes pepper mart into bear grip
2008/05/09-TBS
Pepper prices published today by AGROVIET
08/05/2008-AGROVIET
Pepper market report from USA
2008/05/08
Pepper prices further down
2008/05/07-JM
Spices Weekly commodities report
2008/05/03 by AnandRathi Commodities
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ARCHIVES: LISTS ALL
PUBLISHED ARTICLES
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MORE FROM THE PRESS... |
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IPC July
31, 2007
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IPC - AMERICAN
IMPORTS
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INDIA´S PEPPER
EXPORTS
RISE
It was reported that India exported around
3,100 mt of pepper worth Rs.439 million in June
2007 against 1,867 mt valued at Rs. 155 million in
June 2006.
The export was the highest this year.
During January – June 2007, total export from
India was 14,776 mt valued at Rs. 1,883 million,
increased by 56% in terms of quantity from 9,448
mt during the same period last year
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USA Imports rised in 2006
The United States
imported 70,540 tons of pepper in 2006 valued at US$ 135.5 million
comprising 55,500 tons of black, 7,800 tons of white and 7,240
tons of ground pepper. This was an increase of 5% compared to
import of 66,890 tons in 2005. Import of black pepper increased by
6% and 8% for white pepper, while import of ground pepper declined
marginally by 3% |
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IPC - INDONESIAN
EXPORTS 04/2008 |
THE VPA NOW ON THE
WEB
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During 2007, Indonesia exported 38,002 mt of pepper worth USD 131
million, comprising 22,548 mt of black and 15,544 mt of white
pepper. Compared to export in 2006, there was an increase of 5%.
Export of black pepper increased by 10%, while export for white
pepper decreased marginally by 1%. |
Proceeding further in its marketing efforts to consolidate its
position as the Pepper market world leader the Vietnam Pepper
Association -VPA launched its own website on the internet. The VPA
website goal is to consolidate all the disperse information about
Pepper Industry in Vietnam and in the world, with information
about other origins and purchasing markets as well as regional
mews and technical articles. Peppertrade wishes all success to
this iniciative. The VPA website may be visited at
http://www.peppervietnam.com/en/index.php |
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