Wednesday, August 19, 2009

Comment Re: "Pepper turns hot again as...

Dear Sir,

I'm Ta, a senior trader of pepper for one of five biggest pepper exporters in Vietnam. After reading the article named "Pepper turns hot again as sellers hold back stocks", I see that your figure is rather exact as some official sources in Vietnam except the quantity of cross-border export pepper (to China and Combodia) of 5,000mts. From my survey three weeks ago, five large suppliers in Binh Duong province and one in Chu Se (a largest production area of Gia Lai province) have been exporting white pepper to China and Combodia at quantity of 2,000 - 3,000mts per supplier and total quantity is about 15,000-18,000mts. That means total quantity of black pepper only used for processing above quantity of white pepper is about 20,000 - 25,000mts.

Therefore, the maximum stock of black pepper in Vietnam until July 31th will be 12,000-15,000mts and far lower than figure on your article. Please check the number again and amend correctly so that every one can understand the real situation of the market.

Thanks and best regards,
Mr Ta

Post 18/08/2009
Re: "Pepper turns hot again as...
http://www.peppertrade.com.br/comment9421.htm

1 comment:

Anonymous said...

Mr Ta here is the answer from your chairman of VPA itself and why you were wanting Peppertrade to correct the figures to 12000 mt . Is it becvause you have all the balance 12000 mt Mr Ta ??Actually it is not 25000 it is to the tune of 40000 mt fyi
Stockpiled pepper output reaches 25,000 tonnes
Source: 20/Aug/2009 Intellasia

About 25,000 tonnes of pepper left are for export till the end of 2009, while the pepper price would continue increasing, Vietnam Pepper Association (VPA) said.

Do Ha Nam, VPA's chair revealed yesterday that according to the information released by International Pepper Commission (IPC), the world pepper productivity in 2009 harvest showed unchanged in comparison with that of 2008 due to natural disasters, diseases and low pepper price. The stockpile volume held by speculators remained low while the world demands for pepper stayed unchanged.

The association predicted that the country's total pepper volume would be 105,000 tonnes in harvest 2009, plus the stockpile from previous year of about 10,000 tonnes. This year, the domestic consumption was about 5,000 tonnes and for storage purpose of another 5,000 tonnes, therefore it's expected that Vietnam can reach total pepper export volume of about 105,000 tonnes.

Meanwhile, the domestic pepper enterprises have exported about 80,000 tonnes in the first seven months, gaining export turnover of $189 million, so the total amount of pepper to be exported for the last five months