Pepper trade - Brazilian Peppertrade Board

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Weekly Highlights
2012-04-22

Pepper prices bounced back and firmed again last week
"...According to overseas reports, prices of pepper have firmed in Vietnam, while the other origins showed more hesitation.
Brazil has to battle its volatile currency exchange rates where a stronger "Real" is making it difficult for exporters to source pepper in a profitable manner, the reports said.
Harvest in Vietnam has now been reportedly completed in the southern regions whereas in the northern region some 70-80 per cent has been completed.

However, since February the prices downward move has come to a halt and prices in Vietnam have been inching up.
Over the last couple of weeks, industry demand has picked up. Trade sources in Vietnam expected this situation to continue. Over the last two days, prices in Vietnam increased by some $100 a tonne, they said..."
The above was posted by The Hindu Business Line today. Not much to say out of this...

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WPB Week No 13/12, 26 - 30 Mar 2012

BLACK PEPPER
The market declined during the week and prices at origins with the exception of Sarawak have decreased. In India, the market was calm with limited activities. Lack of demand have pushed the pepper prices at the domestic market to fall by around 5%, while fob price decreased by 2%. In Vietnam, local price stood at VND 123,000 per kg during 26-29 February. However on Friday prices fell by VND 2,000 per kg. Fob prices of Vietnamese black were reported stable. In Sarawak, local price increased marginally, while for fob price was stable. Pepper market in Lampung was quiet and prices of both local and fob have declined. Price decrease was also recorded in Sri Lanka.

WHITE PEPPER
In Bangka and Sarawak, white pepper prices increased marginally, while in HCMC, local price of Vietnamese white pepper decreased by 2%. In Hainan the price of white pepper were reported stable.

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COMPARATIVE CHART FOR BLACK PEPPER PRICES 2011 / 2012

Average prices mix of Brazil, India and Vietnam, 500gl, 560 gl, ASTA, from Peppertrade databank

www.ipcnet.org

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BRAZIL
PEPPER PRICE AT GROWERS
U$ 6,67

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R$ 1,80

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SOURCES
Peppertrade publishes information obtained through talks, discussions and public reports and Internet sites, mostly from:

ABEP / Spices Board India /   Pepper Marketing Board Malaysia /   IBI Spice - US /   Dynamic Int'l Traders Karachi PK
   IPC Int'l Pepper Community /   ITC-IBD Group India / A.A.Sayia & Co.- NY /   John H. Elton - NY /   Ludwig Mueller - NY
Jaymeagh Spices - India     Anand Rathi Commodities /    SHENG KIMN HONG SDN.    BHD.- Malaysia / Monthira Trading Co. - France
VPA - Vietnaml /   RuralNews - Brazil /   SNA - Brazil /   eAgritrader.com / ALICE WEB
Brasfoods / Olam / Mondial I´ntl Trading Agencies / Amberwood Trading /

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