Peppertrade weekly bulletin November 08 2010 -

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PEPPERTRADE WEEKLY
November 8th, 2010

Pepper

Global Pepper Conference 2010 open Today
Representatives from the Food and Agriculture Organization, US Food and Drugs Administration, European Spice Trade Association, and American Spice Trade Association will present papers.
Pepper farmers from different states will participate in the technical session. Over 150 delegates from 24 pepper producing and trading countries, besides 170 Indian delegates, has registered to participate in the meeting

Check here the complete list of registered atendees

Hotel Taj Gateway, Marine Drive, Cochin, India.

K V Thomas to inaugurate IPC meeting in Kochi
K V Thomas, Union Minister for State for Agriculture will inaugurate the 38th session of the International Pepper Community on November 8, 2010 in which twenty four countries will be participating, Spices Board said. The Hon'ble Union Minister of State for Agriculture, Consumer Affairs, Food & Public Distribution, Prof. K.V.Thomas will inaugurate the Session which will be presided over by Shri Mullakkara Ratnakaran, Hon'ble Minister for Agriculture, Government of Kerala.

Supply squeeze to push up pepper
Pepper market appears to be hotting up on tight supply situation amid strong demand for the winter, Christmas and the New Year in the major consuming countries.It may be an undeniable fact that the world pepper output does not correspond to the growth in demand. The monthly average global demand is somewhere between 25,000 and 30,000 tonnes with an estimated annual growth of 3-5 per cent.

WPB Week # 44/10, 01-05 November 2010

BLACK PEPPER
Pepper prices continued to move higher due to very tight stocks. In Brazil, India, Indonesia and Vietnam, local prices increased by around 5-9%. In Sarawak local price increase marginally by 1%, while in Sri Lanka, the price remained unchanged. In India, local trading at the Commodity Exchange was active during the week, while at other origins the activity was very limited. The price increase recently was mainly triggered by some requests for immediate commitments.

WHITE PEPPER
In Bangka, white pepper prices increased by 6-7%. In Vietnam, local price was stable, while for fob increased by 5%. Marginal increase also took place locally in Sarawak.

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India migh become the cheapest origin
Because of that many brazilian exporters are out of market or offering for January/February shipments, when they expect the exitement to come down. No real price available after the last sales of ASTA at 4,800 fob on wednesday

Pepper futures down despite buying support
Kochi Nov 4 - In the international market, all the origins are said to be firm. A report from Vietnam said the market was "more or less unchanged". Prices quoted were FAQ 500 g/l $4,650 fob and FAQ 550 g/l $4,900 fob HCMC. Vietnam white pepper doubled washed was quoted at $7,100 a tonne fob.

Vietnam - Pepper export turnover in Jan-Sep increases 25.4pct
In the first nine months of this year, Vietnam has exported 97,814 tonnes of pepper, gaining $331.44 million, reducing by 9.4 percent in volume but up 25.4 percent in value compared with the same period of last year. Of which, the pepper exporters reported to reach September export volume of 5,983 tonnes valued at $26.38 million, down 24.6 percent in volume and 19.3 percent in value month on month.

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Malaysia Pepper exports 2010
In September 2010, Malaysia exported around 1,107 mt of pepper (886 mt of black and 221 mt of white) as against 893 mt - 739 mt of black and 154 mt of white - in September 2009, an increase of 24%.

India´s Pepper exports
In 2009, India exported 21,267 mt of pepper valued at Rs.3.328 billion as against 26,665 mt worth Rs.4,392 million in 2008, demonstrating a decrease of around 20% in volume and 24% in value....

USA Pepper Imports
When compared to the US import during the corresponding period last year, which was at 42,355, there has been an increase by 10%. Import of black and white pepper increased, by 5% and 7% respectively. Appreciable increase was recorded in the import of ground pepper...

Export of Pepper from Lampung
During July and August 2010, export from Lampung experienced a substantial increase, mostly from carry-over of the previous year's crop. During January - August 2010, Lampung has shipped 24,708 .mt of black pepper, as against 24,232 mt in the same period of last year...

Imports of Pepper into Germany
In June 2010, Germany imported 2,525 mt of pepper (2,405 mt of whole and 120 mt of ground pepper) as against 2,326 mt (2,282 mt of whole and 44 mt of ground pepper) in June 2009. This quantity was also higher than 2,206 mt imported in May 2010. ...

Updated Pepper exports from Brazil
During January - July 2010, total export from Brazil was 17,245 mt worth USD 53.04 million. When compared to exports of 16,084 mt valued at USD 37.87 million in the same period last year, an increase of 7% in terms of quantity and 40% in value were recorded .

Spain pepper imports
Vietnam emerged as the most important source of whole pepper for Spain, replacing Brazil to the second position. Vietnam supplied 46% and Brazil 39%. Import of ground pepper was mostly from Germany.

Seminar held by IISR warns: Climate change will affect various crops
Dr M. Anandaraj, Project Coordinator (Spices), IISR, said in his presidential address that climatic changes affected the yield of various crops and also resulted in the emergence of invasive pests, vectors and pathogens...

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When in HCMC, visit phuc minh coffee
R4-46, HUNG PHUOC 4, PHU MY HUNG, HO CHI MINH CITY

10th Vietnam-China Border Trade Fair
Between 200 and 250 Vietnamese businesses will take part in the 2010 Vietnam-China Border Trade Fair to be held in Hekou, China from November 26-30.
The trade fair, dubbed "Trade-Investment-Exchange-Cooperation", will have 800-1,000 stands displaying agriculture and aquaculture products, machinery, natural materials, chemicals, building materials, electronics, housewares, garments and textiles, furniture, handicraft, and other services to promote trade, tourism and investment.

Africa's forgotten spices
Few African spices have ever become known in the West. Major spices from Africa includes Grains of paradise, Negro Pepper,Sesame, Silphion and Tamarind. During the Age of Explorations, the former two were traded as cheep substitute of black pepper, unless the sea route to India was established. Later, people lost interest in them and they are now nearly forgotten..

Bulk buying for N. India fuels turmeric
Erode, Nov. 3 - Following demand from bulk buyers, spot turmeric price increased in Erode on Wednesday. Turmeric traders said they are getting orders from various north Indian towns and they are buying stocks at higher prices.

Cuba seeks to develop export of chili pepper
Chili peppers are an underestimated crop in the Cuban diet and had nearly vanished from the country's fields until an agricultural enterprise in the municipality of Abreu, Cienfuegos, started growing the crop in cultivation houses covering a total area of barely 4.70 acres.

Cardamom recovers on lower supply
Kochi, Nov. 1 - Cardamom prices last week gained as demand improved on decline in arrivals and reports of limited availability from Guatemala, the lone competitor of the commodity. As a result, the individual auction average price, which dropped to below Rs 800 the week before last, recovered and vacillated between Rs 800 and Rs 830 a kg last week at the auctions held in Kerala and Tamil Nadu.

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Ginger - Nepal ranks 4th in ginger production
India, China and Indonesia are the top three ginger producers in the world, producing 420,000 tons, 285,000 tons and 177,000 tons respectively during 2008, according to www. t5oa.com -- a portal that records the ´ top five of anything´ in the world. According to MoAC, production of ginger climbed to 190,544 tons...

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