Wednesday, August 07, 2019
Monday, August 05, 2019
Cardamom price on a record high
Delayed harvest leads to poor supply
Cardamom price continues to break records because of the crop’s poor availability in the market. A drop in production is predicted in the days ahead too of the current season.
Market sources said that the first crop of the season had not reached the auction centres and adverse climate had impacted the production. Usually the first crop reaches auction centres by June/July. However, because of poor southwest monsoon, the first crop is expected only by the end of August or in September this time.
The maximum price recorded at the Spices Park at Puttady on Saturday was ₹7,000 a kg while the average price was ₹4,733. It was a record in the maximum and average prices in both the auctions, held in the morning and eventing, at Spices Park.
In the evening auction held by Header Systems (India) Ltd., Nedumkandam, on Saturday, 26,142 kg reached the auction centre, all of which was sold. The maximum and average prices respectively were ₹7,000 and ₹4,655 per kg.
In the morning auction held by Mas Enterprise, Vandanmedu, of the 8,796 kg of cardamom that had arrived, 8,741 kg was sold at ₹5,212 (maximum) and ₹4,733 per kg (average). The maximum price had remained above ₹4,000 per kg from July 24.
Flood impact
The Cardamom Hill Reserve (CHR) area received very poor rainfall and the atmospheric temperature remains high, affecting the flowering and the growth of beans. In addition, the flood of 2018 had taken a toll with plants largely destroyed in the CHR. Market sources said the high fluctuation in prices may not benefit the farmers and it is likely to drop with the arrival of the first crop.
Giji K. Raman
https://www.thehindu.com/news/national/kerala/cardamom-price-on-a-record-high/article28816195.ece
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Price Indication several spices
August 5, 2019
This week Price Information received form India.
In case of interest please contact
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Price Indication (FOB MUNDRA) (Prices are subject to reconfirmation)
New Crop Cumin seeds
Singapore 99%: $ 2360
Singapore 99.5%: $ 2390
Europe 99%: $ 2425
New crop Fennel seed
Europe 99%: $ 1400
Semi Europe: $ 1245
Singapore 99%: $ 1035
New Crop Fenugreek seeds
Machine Clean: $ 695
Sortex: $ 725
New crop Coriander Seeds
Eagle (M.P. Origin): $ 930
100% Split: $ 905
Super XO: $ 1030
Mustard Seeds
Bold: $ 570
Small: $ 625
New Crop Dill Seeds
Whole 99%: $ 1000
100% split: $ 955
* Kalonji (Black Cumin) seeds*
Machine Clean: $ 1590
Sortex: $ 1640
Turmeric Finger (Double Polished)
Salem, No. 1: $ 1180
Nizamabad, Good Grade: $ 1065
Nizamabad, FAQ: $ 1025
Shipment: Prompt
Packing: 25/50 KG
Prices are subject to reconfirmation
Sunday, August 04, 2019
IPC Market report No. 31/19, 29 July - 2 August 2019
LOCAL MARKET REPORT
Market this week showed mixed response.
In local market, Malabar black pepper was reported with an increase by 1% as compare to the previous week averaging at USD 4,892 per Mt.
Indonesia black and white pepper were reported with a 1% deficit as opposed to the previous week with an average of USD 1,918 per Mt for black pepper and USD 3,446 per Mt for white pepper. As Indonesian black and white pepper in local currency were traded unchanged as opposed to the previous, the decrease in Indonesia pepper was highly contributed to the weakening of Indonesian Rupiah against US Dollar.
Malaysian black pepper was reported to be traded with 1% deficit as compared to the previous week, averaging at USD 2,369 per Mt. Whilst, Malaysian white pepper was reported stable averaging at USD 3,909 per Mt.
Viet Nam black pepper was reported to be traded with 1% deficit as opposed to the previous week, averaging at USD 1,876 per Mt while Viet Nam white pepper was reported unchanged.
Sri Lanka black pepper was reported with a slight increase of 1% as compared to the previous week, averaging at USD 2,538 per Mt.
INTERNATIONAL MARKET
In international market, FOB price of India black pepper was reported with an increase by 1% as compared to the previous week averaging at USD 5,182 per Mt.
Indonesia black and white pepper were reported with a deficit of 1% as opposed to the previous week with an average of USD 2,358 per Mt for black pepper and USD 4,074 per Mt for white pepper.
Malaysia black and white pepper were reported stable and unchanged.
Furthermore, Viet Nam black pepper 500 g/l, 550 g/l and Viet Nam white pepper were reported stable averaging at USD 2,265 per Mt, USD 2,330 per Mt and USD 3,415 per Mt respectively.
US market was reported stable and unchanged with Muntok spot price being reported at USD 5,072 per Mt
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Friday, August 02, 2019
IPC REPORT ABOUT INDONESIAN PEPPER CROP
Indonesian Crop Survey.
Pepper Crop Situation in Lampung
Being known as the origin of black pepper in Indonesia, pepper in Lampung is cultivated in all 15 districts, totaling an approximate of 45,742 Ha with concentration area being East and North Lampung and Tanggamus district. Whilst other districts cultivated pepper in a smaller scale.
As unfavorable price continues to progress these past years, many farmers has applied intercropping to make ends meet. Many farmers in Lampung chose to intercrop with coffee, cocoa and banana.
In the past two years, favorable weather condition has resulted in good crop and yield in most districts.
Considered as the symbol of Lampung, farmers still feel the pride of cultivating pepper despite the current unfavorable price.
Therefore, many farmers still tried to maintain their pepper crop as best as their economy allows them.
As pepper farmers in Lampung mostly traditional farmers, they still prefer compost fertilizers.
Crop Situation in Lampung by District
North Lampung
Condition of pepper gardens in North Lampung has changed quite significantly this past year.
Area of pepper cultivation in Ogan Lima, Cahaya Negeri, PulauPanggung had slightly dropped due to the fact some areas had been converted to other crops for intercropping which is more profitable and some areas were lost due to diseases,
During the crop survey unhealthy vines were frequently found and farmers were found trying to stop the spreading of the disease by cutting down the infected vines.
However, many rehabilitated pepper gardens were also found during our survey.
Currently farmers are still picking their crops and it would continue to the beginning of August.
Despite the spreading of diseases and converted crops, good weather condition has resulted in good production this year which is confirmed to be better than 2018.
East Lampung
In the past few years, East Lampung has surfaced as the main area of pepper cultivation in Lampung.
Concentration areas of pepper cultivation are MargaTiga, Melinting and Sukadana.
It is observed that most farmers in East Lampung prefer monocropping.
Furthermore, the gardens in East Lampung were better and much more maintained than that of North Lampung.
Significantly less of unhealthy vines were observed in East Lampung though reports of some unhealthy vines come from some farmers but in a smaller scale.
Farmers in East Lampung still continue their nursery programme and East Lampung has become the origins of other districts seeds/shoots distribution programme from the government.
Farmers in East Lampung still keeps a high spirit despite the unfavorable price.
Currently farmers have almost finished picking their berries and continued with drying process.
Farmers and Plantation Official in East Lampung confirmed that this year crop will be better than 2018 as it benefited from the goo d weather condition. Some farmers even projected that 2020 will also bring a good crop.
Tanggamus
Following report of last year, our crop survey went to confirmed reports of pepper in Tanggamus.
District Tanggamus is consisted of 20 sub-districts where Air Naningan and PulauPanggung became the main sub-districts of pepper.
With last year production reaching 2,988 Ton from 5,240 Ha the productivity of pepper crops in Tanggamus district was 570 Kg/Ha.
Upon observing many pepper gardens in Tanggamus, we found that pepper gardens in Tanggamus are well maintained and produces good pepper.
Furthermore, due to its geographical terrain, it was common to find pepper garden on a steep hill.
Farmers in Tanggamus also implemented intercropping system mostly with coffee.
Harvest season in Tanggamus is currently in full swing and to conclude by early August.
It was a very common sight to see farmers drying their pepper in front of their houses.
During our observation we also found some unhealthy vines due to disease and pests.
Many rehabilitated gardens were also encountered. This year crop is confirmed to be better than 2018 as confirmed by most farmers and Plantation Officials of Tanggamus.
Tanggamus Plantation division is currently implementing fertilizer distribution programme to pepper farmers in Tanggamus.
Major Problems
Aside from the common issues of unfavorable price in all districts, many cases of Phytophthora and Yellowing disease were found in some districts.
Many farmers in North Lampung complained on the free seeds/shoots distributed by Local Government as it only grows tall but bear no fruits.
Farmers App
After its launched last July 2018 in Bangka, IPC Farmers App was introduced to Belitung Farmers in a Dissemination and Farmers Training Workshop in February 2019. IPC is currently planning to organize second workshop in collaboration with East Lampung Plantation Division scheduled to be held in September 2019. IPC will continuously organize workshops in other pepper farms regions such as Kalimantan, Sulawesi and many other to increase farmers awareness of the App and also to update farmers so as they could explore the App more efficiently on the market, cultivation practices and many other.
Conclusion
Aside from East Lampung, Tanggamus is confirmed to be another main concentration of pepper. These two districts presented a good and well-maintained garden while North Lampung is currently under-going some rehabilitation of its gardens. East Lampung farmers prefer monocropping whilst other districts implemented intercropping with coffee, cacao and other crops. Backed up by a good weather condition in most districts, this year Lampung is confirmed to produce more than in 2018 as harvest will continue until mid or end of August. Considering the increase in Lampung export of pepper as of May 2019 which amounted to 14%, it is estimated that Lampung's total production will be around 22,000 Mt or more. Projecting an increase by 2,000 Mt as compared to last year figure. Pepper export from Lampung as of May 2019 amounted to 4,501 Mt.
Wednesday, July 31, 2019
BLACK PEPPER - USA IS ALSO EXPORTER
United States of America is one of the countries that import quite a lot of pepper from various pepper producing countries whether for its domestic consumption or for re-export to other countries.
In 2017, United States of America was reported to have exported a total of 12,938 Mt of pepper which 43% or 5,517 Mt of it comprised of whole pepper and 57% or 7,421 Mt of it ground pepper.
United States of America on average exported a total of 1,078 Mt per month in 2017. The total revenue of United States pepper export in 2017 was reported to be as high as USD 57.1 Million, thus, recording an average price of the total pepper exported by United States of America at USD 3,118 per Mt for whole pepper and USD 5,370 per Mt for ground pepper.
Year 2018 saw a decreasing trend in terms of quantity of pepper exported by United States of America.
United States of America was reported to have recorded a total of 9,290 Mt which comprised of 4,640 Mt of whole pepper and 4,650 Mt of ground pepper. Thus, recording 28% decrease as compared to the same period in 2017.
The average export of pepper by United States of America was reported to be at 774 Mt per month. In accordance with decreasing in terms of quantity, United States of America’s revenue from pepper export was reported to have declined by 22% to a total of USD 44.4 Million which recorded an average price of the total pepper exported by United States of America at USD 3,124 per Mt for whole pepper and USD 6,435 per Mt for ground pepper or stable for whole pepper and increased by 20% for ground pepper as compared with 2017.
As of April 2019, United States of America was reported to have exported a total of 2,652 Mt which comprised of 1,205 Mt of whole pepper and 1,447 Mt of ground pepper. Thus, recording a decrease of 21% as compared to the same period in 2018. By the end of April 2019, the total revenue of pepper export by United States of America was reported to have reached USD 13.7 Million, recording a loss of 13% when compared to the same period in 2018. The average price of the total pepper export by United States of America as of April was reported at USD 3,067 per Mt for whole pepper and USD 6,899 per Mt for ground pepper.
Until the end of April 2019, United States of America was reported to have imported a total of 28,688 Mt of pepper which 2,652 Mt of it went for re-export purposes.
By the end of April 2019, United States of America was reported to have imported pepper from various countries such as Viet Nam with 17,227 Mt, Brazil with 5,170 Mt, India with 2,224 Mt, Indonesia with 1,978 Mt and Germany with 711 Mt .
Furthermore, as of April 2019, United States of America’s top 5 country destinations for its pepper were reported to be Canada with 1,424 Mt (a decrease of 19% as compared with the same period in 2018), Mexico with 233 Mt (a decrease of 27%), United Kingdom with 113 Mt (a decrease of 37%), Japan with 104 Mt (an increase of 10%) and Taiwan with 82 Mt (a decrease of 16%).
The decrease of export to United Kingdom was the result of United Kingdom directly imported pepper from pepper producing country such as Viet Nam (an increase by 411 Mt as compared to the same period in 2018). United Kingdom’s preference towards importing from Viet Nam origins as opposed to United States of America could be contributed to the fact that Viet Nam offer more competitive price.
IPC - International Pepper Comunity
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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