PEPPER MARKET REPORT

No. 26/19, 24 June - 28 June 2019
IPC

Market this week showed mixed response. In local market, Malabar black pepper was traded with a 1% increase as compared to the previous week with an average of USD 4,957 per Mt.
India black pepper price in local currency was reported at INR 343 per kg on Thursday.
Though Indonesian Rupiah strengthen against US Dollar, Indonesia black and white pepper were reported to be traded with a 3% and 1% deficit respectively as compared to the previous week, averaging at USD 2,048 per Mt for black pepper and USD 3,461 Mt for white pepper. Indonesian black and white pepper in local currency lost IDR 1,000 per Kg and were traded at an average of IDR 29,000 per Kg and IDR 49,000 per Kg respectively.
Malaysian black and white pepper was traded with an increase of 1% as compared with the previous week, averaging at USD 2,469 per Mt for black pepper and USD 3,899 per Mt for white pepper.
Viet Nam black and white pepper was reported stable when compared with previous week, averaging at USD 1,962 per M t for black pepper and USD 2,848 per Mt for white pepper.
Sri Lanka black pepper continued to be traded negatively and was reported with the lowest ever prices in recent years. Recording a 4% deficit as opposed to the previous week at an average of USD 2,837 per Mt. Whilst, China white pepper was traded with an increase of 2% as compared with the previous week averageing at USD 4,800 per Mt.

In international market, FOB price of India black pepper was reported with a 1% increase as compared to the previous week at an average of USD 5,246 per Mt.
Indonesia black and white pepper were reported negative and were traded with a 2% and 1% deficit respectively as compared to the previous week with an average of USD 2,505 per Mt for black pepper and USD 4,088 per Mt for white pepper.
Malaysia black and white pepper were reported with a significant 3% spike as opposed to the previous week, averaging at USD 3,685 per Mt for black pepper and USD 5,275 per Mt for white pepper.
Viet Nam black pepper 500 g/l, 550 g/l and Viet Nam white pepper were reported stable with an average USD 2,343 per Mt, USD 2,408 per Mt and USD 3,493 per Mt respectively.
China white pepper was reported with a 2% increase as opposed to the previous week at an average USD 5,000 per Mt in the international market.
US market was reported stable and unchanged with Muntok spot price being reported at USD 5,072 per Mt.

Golden Berries – Aguaymanto from Perú

Golden Berries – Aguaymanto from Perú


Golden berries are bright, orange-colored fruits that are closely related to the tomatillo. Like tomatillos, they are wrapped in a papery husk called a calyx that must be removed before eating.
Slightly smaller than cherry tomatoes, these fruits have a sweet, tropical taste somewhat reminiscent of pineapple and mango. Many people enjoy their juicy pop of flavor as a snack or in salads, sauces and jams.
Golden berries are also known as Inca berry, Peruvian groundcherry, poha berry, goldenberry, husk cherry and cape gooseberry.
They belong to the nightshade family and grow in warm places around the world.
This article tells you everything you need to know about golden berries, including their nutrition, benefits and potential side effects.
Golden berries have an impressive nutrient profile.
They hold a moderate number of calories, providing 74 per cup (140 grams). The majority of their calories come from carbs (1Trusted Source).
The same serving size also packs 6 grams of fiber — over 20% of the reference daily intake (RDI).
A 1-cup (140-gram) serving of golden berries contains the following (1Trusted Source):
• Calories: 74
• Carbs: 15.7 grams
• Fiber: 6 grams
• Protein: 2.7 grams
• Fat: 1 gram
• Vitamin C: 21% of the RDI for women and 17% for men
• Thiamine: 14% of the RDI for women and 13% for men
• Riboflavin: 5% of the RDI
• Niacin: 28% of the RDI for women and 25% for men
• Vitamin A: 7% of the RDI for women and 6% for men
• Iron: 8% of the RDI for women and 18% for men
• Phosphorus: 8% of the RDI

Golden berries also have high amounts of beta-carotene and vitamin K along with a little calcium.

Golden berries boast an impressive amount of vitamins, minerals and fiber — with only 74 calories per cup (140 grams).
Health Benefits
Golden berries contain several plant compounds that may positively impact your health.
High in Antioxidants

Golden berries are high in plant compounds called antioxidants.

Antioxidants protect against and repair the damage caused by free radicals, which are molecules linked to aging and diseases, such as cancer.
To date, studies have identified 34 unique compounds in golden berries that may have benefits for health.
Furthermore, the phenolic compounds in golden berries were shown to block the growth of breast and colon cancer cells in test-tube studies.

In another test-tube study, extracts of fresh and dehydrated golden berries were found to increase the life of cells while preventing the formation of compounds that cause oxidative damage.
The skin of golden berries has nearly three times the amount of antioxidants as their pulp. Additionally, antioxidant levels are at their peak when the fruits are ripe (8Trusted Source).
Has Anti-Inflammatory Benefits

Compounds in golden berries called withanolides may have anti-inflammatory effects in your body, potentially protecting against colon cancer.
In one study, an extract from the husk of golden berries reduced inflammation in mice with inflammatory bowel disease. Additionally, mice treated with this extract had lower levels of inflammatory markers in their tissues.
While there are no comparable human studies, test-tube studies in human cells reveal promising effects against inflammation.

May Boost Immunity
There are no human studies on golden berries and immune system function, but test-tube studies suggest several benefits.
Studies in human cells note that golden berries may help regulate your immune system. The fruit contains multiple polyphenols which block the the release of certain inflammatory immune markers.
Additionally, golden berries are a good source of vitamin C. One cup (140 grams) provides 15.4 mg of this vitamin — 21% of the RDI for women and 17% for men.
Vitamin C plays several key roles in a healthy immune system response.

May Benefit Bone Health
Golden berries are high in vitamin K, a fat-soluble vitamin involved in bone metabolism (2Trusted Source).
This vitamin is a necessary component of bone and cartilage and is also involved in healthy bone turnover rates, which is how bones break down and reform.
The most recent evidence suggests that vitamin K should be taken alongside vitamin D for optimal bone health.

May Improve Vision
Golden berries provide lutein and beta-carotene, along with several other carotenoids.
A diet high in carotenoids from fruits and vegetables is linked to a lower risk of age-related macular degeneration, the leading cause of blindness.
Specifically, the carotenoid lutein is well known for preventing eye diseases.
Lutein and other carotenoids, including zeaxanthin and lycopene, have also been shown to protect against vision loss from diabetes.

Golden berries may have several benefits for your health. They are high in antioxidants, exhibit anti-inflammatory effects and may boost bone health and vision.

Potential Side Effects
Golden berries may be poisonous if you eat them unripe.

Unripe golden berries contain solanine, a toxin naturally found in nightshade vegetables, such as potatoes and tomatoes (20Trusted Source).
Solanine can cause digestive upset, including cramping and diarrhea — and may be fatal in rare cases.
To be on the safe side, eat only fully ripe golden berries that have no green parts.
Additionally, keep in mind that eating high amounts of golden berries may be dangerous.
In one animal study, very high doses of freeze-dried golden berry juice — 2,273 mg per pound of body weight (5,000 mg per kg) daily — resulted in heart damage to male — but not female — mice. No other side effects were observed.

There are no long-term safety studies on golden berries in humans.

Eating golden berries appears safe, although there are no studies in humans. That said, unripe fruits may cause digestive upset, and high doses of its juice have been shown to be toxic in animal studies.

How to Eat Them
Golden berries can be enjoyed fresh or dried once their papery husks are removed.
Fresh golden berries can be found at farmers markets and many grocery stores. Dried golden berries can often be purchased online.

Here are some ways you can incorporate golden berries into your diet:

Eat them raw as a snack.
Add them to a fruit salad.
Sprinkle them on top of a savory salad.
Blend them into a smoothie.
Dip them in chocolate sauce for dessert.
Turn them into a sauce to enjoy with meat or fish.
Make them into a jam.
Stir them into a grain salad.
Use them on top of yogurt and granola.

Golden berries add a unique flavor to almost any dish or snack.

Golden berries are a versatile fruit that can be eaten fresh or dried. They add a unique flavor to jams, sauces, salads and desserts.

Although golden berries are closely related to tomatillos, they have a sweet, tropical taste similar to pineapple and mango.
They are high in fiber, vitamins, minerals and beneficial plant compounds that may boost your immune system, eyesight and bones.
They are best eaten fully ripe — without any green spots.
These flavorful fruits add a unique, sweet taste to jams, sauces, desserts and more.

Alimentos Andinos PERU
20 de junho às 11:40

For further details send message to :manager@peppertrade.com.br
or whatsapp: +5511988027709

Vietnam new crop White Pepper

Offering now for prompt shipment Vietnam White Pepper DW ASTA grade
manager@peppertrade.com.br
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BRAZILIAN PINK PEPPER






Sao Paulo 17, 2019

We are already shipping our first contracts of the Pink Pepper 2019 crop from Brazil.
Harvest is almost finished and prices stabilized.
Availability of superior quality is not big now.
Current price idea for G1 quality is around U$ 12,20 /Kg FOB port of Santos. packed in poliethilene bags, vacuum or semi-vacuum with neutral gas inside, 5 or 10Kgs net, inside a carton box.
20ft containers load is aprox 7 to 7&1/2 ton.


MICHAIL WAGAPOFF
WHATSAP +5511988027709

SPICES MARKET UPDATE 15th JUNE 2019

PEPPER:

Vietnam: Regarding to customs, Vietnam exported 148,515 tons of pepper, including 133,273 tons of black pepper and 15,242 tons of white pepper. Total export turnover reached 386.5 million USD. Compared to the same period of 2018, export volume increased by 34.8%, equivalent to 38,376 tons. The average export price of black pepper in the first 5 months of 2019 reached 2,537 USD/ton, white pepper reached 3,176 USD/ton. Compared to the same period of 2018, the export price of black pepper decreased by 23.1%, white pepper decreased by 36.7%.

China imported in the first 5 months of 2019 reached 36,038 tons, equivalent for 24.3% of total pepper export of Vietnam, increase of 128.4%, equivalent to 20,259 tons over the same period in 2018.

USA with 22,735 tons roughly 15.3%, increasing 3,893 tons. Markets with the next largest increase quantity as: Ireland increased 1,855 tons, India increased 1,563 tons, Germany increased 1,561 tons, Iran increased 1,417 tons, Nepal increased 1,396 tons, United Arab increased 1,112 tons, ...

Market increasing and limited offer in bulk from farmer/middleman. Chines has been buying White pepper significantly beside exporters covering raw material for June shipment. Even crop size 2019 of Vietnam is huge number 300.000 metric tons at least (our source and our opinion) but covered stock for June/July/Aug always recommendation even Indonesia crop is coming (June we foreseen total quantity export around 30 - 33k tons and first 6 months will be reaching roughly 180k metric tons). Vietnam currency suddenly stronger than USD, out of Vietnam Pepper exporters’ expectation.

Brazil: Offer still available to the market but limited and only further shipment. Vietnam/Indonesia only under high pressure when Para start for harvesting during Aug/Sept.   

Mr. Hien
Website: www.ptexim.com.vn

https://www.facebook.com/peppertrade.diffusion

IPC WEEKLY MARKET REPORT

Market this week showed mixed response.

In local market, Malabar black pepper was traded with a 1% deficit as compared to the previous week with an average of USD 5,039 per Mt.

India black pepper price in local currency was reported to experience a continuous drop from the beginning of the week and was closed at INR 347 per Kg on Thursday.

As the market resume after the Eid Mubarak Holiday, Indonesia black and white pepper were traded at an average of USD 2,104 per Mt and USD 3,506 per Mt respectively.

Sarawak black and white pepper was reported stable and relatively unchanged when compared with the previous week.
Recording a 2% spike as opposed to the previous week, Viet Nam black pepper became the only product which recorded an increase and was traded at an average of USD 1,890 per Mt. Whilst Viet Nam white pepper was reported stable.

Sri Lanka black pepper continued to be traded negatively, recording a 5% deficit as opposed
to the previous week while China white pepper was traded with an average of USD 4,775 per Mt.

In international market, India was the only origin to have recorded a deficit. FOB price of India black pepper was reported with a 1% deficit as compared to the previous week at an average of USD 5,327 per Mt.

Indonesia black and white pepper were traded internationally at an average of USD 2,567 per Mt and USD 4,138 per Mt respectively.
Malaysia black and white pepper remained stable and showed insignificant movement.

As offer dried up Viet Nam black pepper 500 g/l, 550 g/l and Viet Nam white pepper were reported with a significant 4%, 4% and a 3% spike respectively as opposed to the previous week.

China white pepper was reported at an average of USD 4,975 per Mt in the international market.

US market was reported stable and unchanged with Muntok spot price being reported at USD 5,072 per Mt.

SALT

 

http://www.magicspices.co.il/Mediterranean-salt.html

CARDAMOM

Cardamom

The cardamom prices have reached record-high levels this year, similar to the price levels in the years 2010 and 2011.
Guatemala is already sold out for its main varieties since March 2019, which is quite extraordinary with still 6 months to go before the new crop.
It is still too early to give predictions on the new crop, but the new plantings, which started in 2017 and 2018 will mature only in 2020/2021,
which means that on the short-term (in the years 2019/2020) there will be a shortfall in production.
An important downward price correction is therefore not expected, especially taking into consideration that India’s crop is expected to be about 40% smaller than last year.

BRAZILIAN PINK PEPPER HARVEST IS ALMOST DONE...
Check for our offers: manager@peppertrade.com.br

REPORT ABOUT PRESENT BLACK PEPPER MARKET & TRENDS

IN THE LAST DAYS RE GOT TO KNOW SOME REPORTS ABOUT BLACK PEPPER MARKET.

INTERESTING READING FOR THE ONES OPERATING IN THIS TRADE.

Vietnam – Although fresh demand from the world market is missing, prices are holding steady to firm.
A record quantity has been exported: March (37,000 tons), April (36,000 tons) and May
(37,000 tons) bringing a total volume to approximately 143,000 tons till May 2019;
36% more exports than 2018 in similar period.

We have not observed such stunning export figures in our 26 years of trading history. Knowing 8 more months to new crop,
farmers and dealers are now in a comfortable position to hold remaining quantities without panic. This is very much evident from arrival of goods and gradual rise in raw pepper prices.  

Their comfort level will increase more once 60-70% of crop is out of Vietnam.
In May, raw prices remained between 44000 to 46000 dong/kg.
China keep supporting the pepper market and their pepper imports have risen to 70% from 2018 followed by USA and India to 27% and 10% respectively.

Buyers keep pushing for lower prices. We have not seen very aggressive offers for future shipments as all of them feel more risk than reward.
Destination markets need to consume extra volume imported during last 3 months.
Not to forget that combined Middle East and Asia has become one of the largest pepper
consumer market in recent years and their constant support to origin keep prices steady.

Limited numbers of orders in hand with exporters do indicate that coverage for second half is yet to come.
Low pepper prices and higher maintenance cost are pushing few farmers to cut trees and plant some other commodities.
Farmers in Chu Puh and Chu Sê districts—two key pepper growing areas who had invested for a dozen of pillars that covered one hectare are now selling the same number of pillars in lower cost as many of them have gone bankrupt.
Add to pot, young trees are also dying due to poor care of farmers, poor maintenance of current
vines and virtually no new plantation, crop size will reduce gradually while world consumption in general increases by 3-4% annually.
Expect volatile days in 2020 and beyond.
Imports to India via Nepal may halt due to 100% additional duty (from 10-20%) has been imposed recently in their annual budget presented in end May.

Indonesia – No bad news so far. Expecting similar or slightly better crop than 2018. However, no selling pressure or any aggressive pricing from numbered top-class shippers.

Brazil – It is interesting to note that for the first time, Brazil is not discounting to Vietnam prices. In fact, quotes from Brazil are now in line with Vietnam. This firmness is attributed to strong currency and depleted inventories.
Brazil too have exported large volume in the last 5 months (approx. 40,000 tons).
Their new crop from Para region to start in August – September.
We have not seen any selling pressure yet. First class shippers prefer to stay away from sharp bids.
If Vietnam continues to be firm, world demand may shift to Brazil which may help Brazil to stabilize further.
In general, there is resistance at low prices.
Demand from Europe has slowed down due to the new import regulation on salmonella and at the same time volume from Vietnam has increased considerably for European ports.

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