Tuesday, July 30, 2019

PEPPER MARKET UPDATE 29TH JULY 2019 form VIETNAM




According to Customs data, pepper exports in the first 15 days of July 2019 reached 11.090 tons, value 28.2 million $, up 6.6% in volume, but down 11, 6% in value compare with the same period in 2018. Accumulated from 1st January to July 15th 2019, pepper exports reached 187.7 thousand tons, value 479.8 million $, up 32% in volume, but decreased 0.9% in value compared to the same period in 2018.

Specifically, the total pepper area of Vietnam now is 145,447 hectares, down about 4,000 hectares compared to 2018. Lets we update estimating crop size during Oct/November this year after investigation.

Market today opening unchanged after slightly easier from weekend. Less demand and some USA asking for further shipment. Other destination like Chines/Nepal/EU very very quiet.

Other origin like Indonesia/Brazil/Malaysia almost same situation from last week.



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