Monday, October 07, 2019

IPC MARKET REPORT No. 40/19, 30 September - 4 October 2019




LOCAL MARKETS
Market this week showed mixed response with Indonesia recorded the lowest deficit for its black pepper. In local market, Malabar black pepper was reported stable averaging at USD 4,565 per Mt. Indonesia black pepper was reported to be traded negatively and was reported with the lowest ever prices in recent years. Recording a 10% deficit as opposed to the previous week at an average of USD 1,622 per Mt. The significant decrease in price of black pepper in Indonesia was as result of harvest period currently in full swing which flooded the market with product. Thus, pressuring the price in the local currency to an average of IDR 23,000 per Kg from IDR 25,500 per Kg in the previous week. Indonesia white pepper was reported with a 1% deficit when compared to the previous week averaging at USD 3,279 per Mt. Malaysian black and white pepper were reported with a 1% deficit as compared to the previous week at an average of USD 2,002 per Mt for black pepper and USD 3,516 per Mt for white peppe r. Furthermore, Viet Nam black and white pepper were reported with a decrease by 2% as compared to the previous week averaging at USD 1,726 per Mt for black pepper and USD 2,625 per Mt for white pepper. Sri Lanka black pepper was reported with a 1% increase as compared to the previous week at an average of USD 2,398 per Mt.

INTERNATIONAL MARKETS
In international market, the trend also showed mixed response as only Viet Nam reported an increase. FOB price of India black pepper was reported steady at an average of USD 4,847 per Mt. Indonesia black pepper was reported with a 9% deficit as compared to the previous week at an average of USD 2,018 per Mt. Whilst, Indonesia white pepper was reported with a 1% deficit when compared with the previous week at an average of USD 3,885 per Mt. Malaysia black and white pepper continued to be traded stable and unchanged. Furthermore, Viet Nam black pepper 500 g/l, 550 g/l and Viet Nam white pepper were reported with an increase by 1% respectively as opposed to the previous week averaging at USD 2,218 per Mt, USD 2,283 per Mt and USD 3,368 per Mt respectively.











WHATSAPP +5511988027709
MAIL manager@peppertrade.com.br
TWITTER : https://twitter.com/peppertrade

Thursday, October 03, 2019

Star Anise Seeds


New crop staraniseeds from Vietnam is available. For this product there are 2 crops (autumn & spring); autumn crop is the far better quality in colour, size and overall appearance. The best growing area is Lang Son, here we find the premium qualities.

Van der Does
http://doesspice.com/


·

Monday, September 30, 2019

Pepper prices falling due to increasing global supply

From the beginning of the year until now, pepper exports recorded a sharp decline in almost all markets, but there were positive signs in the EU.  According to the latest information from the Department of Agricultural Product Processing and Market Development, in the first 8 months of 2019, the estimated export volume of pepper was 220,000 tons (561 million USD), up 27.4% in volume but decreasing 3.8% in value over the same period in 2018. Notably, the average export price of pepper in the period reached 2,556 USD / ton, down 24.5% over the same period in 2018.
The Import and Export Department (Ministry of Industry and Trade) said pepper prices were falling due to increasing global supply. However, in Vietnam, the quality of pepper is affected by excessive use of chemicals and pesticides, so the price is lower than that in other countries.
In the past 2 years, many countries such as Brazil, India, and Indonesia have become competitors to Vietnam in terms of output and quality. In particular, Brazilian pepper is better quality with 80% of the world market selling organic standards.
While the price of pepper is still very low, the cost of producing pepper tends to increase. Vietnam's pepper production cost in 2018 increased by at least 10% compared to 2017. The selling price of pepper decreased by over 30%, causing huge difficulties for pepper growers.
The Agro Processing and Market Development Department said in the first 8 months of 2019 pepper exports to Germany increased: in the first 7 months, reached 8,000 tons, equivalent to USD 23.4 million, up 53.3% in volume and 14.4% in value over the same period in 2018. Germany increased imports of pepper to serve the growing pepper processing industry in this country.
The successful signing of the Vietnam-EU Free Trade Agreement (EVFTA) will be a good opportunity for Vietnam's pepper industry.  As part of the agreement, EU countries commit to eliminating tariffs on pepper products (HS code 09.04) right after it comes into effect. Opportunities for Vietnamese export will increase due to the agreement.
Typically, Metalaxyl chemical residues were found on pepper imported into the European market. Previously, the maximum permitted amount of Metalaxyl chemicals on pepper imported into the EU was 0.1 ppm, but the European Commission (EC) has requested to adjust this level to 0.05 ppm. By 2018, only 46% of Vietnam's pepper has met the export standards. Besides, Vietnam still faces the risk of origin of imported pepper products from third markets. Vietnam imports pepper from other producing countries, accounting for about 10% of Vietnam's total pepper exports, mainly for processing.
In the domestic market, prices of pepper fluctuated in August. Compared to the previous month, prices of pepper in Dak Lak, Dak Nong, Gia Lai and Ba Ria Vung Tau decreased by VND 500 / kg to VND 43,500 - 45,500 / kg. Pepper prices in Dong Nai decreased by VND 1,000 / kg to VND 43,000 / kg.

From https://www.freshplaza.com/article/9148608/pepper-prices-falling-due-to-increasing-global-supply/

Agroberichten Buitenland

Tel: +31 (0)70 379 8911
Email: agroberichtenbuitenland@minlnv.nl 
www.agroberichtenbuitenland.nl

Publication date:

Friday, September 27, 2019

IPC MARKET REPORT No. 39/19, 23 September - 27 September 2019

LOCAL MARKET
Market this week showed mixed response as only India with an increase. In local market, Malabar black pepper was reported with an increase by 1% as compared to the previous week averaging at USD 4,582 per Mt. Indonesia black and white pepper were reported to be traded stable with an average of USD 1,804 per Mt and USD 3,325 per Mt respectively.
Malaysian black and white pepper were reported with a 1% deficit as compared to the previous week at an average of USD 2,025 per Mt for black pepper and USD 3,550 per Mt for white pepper.
Furthermore, Viet Nam black and white pepper were also reported with a decrease by 1% and 6% respectively as compared to the previous week averaging at USD 1,765 per Mt for black pepper and USD 2,669 per Mt for white pepper. The significant decrease in price of white pepper in Viet Nam was contributed to the decreasing in average price of Viet Nam white pepper in the local currency with an average of VND 63,500 per Kg from VND 67,500 per Kg in the previous we ek or a decrease by VND 4,000 per Kg.
Sri Lanka black pepper was reported with a 1% deficit as compared to the previous week at an average of USD 2,377 per Mt. Whilst,
China white pepper was reported to be traded with an average of USD 4,645 per Mt.



INTERNATIONAL MARKET
In international market, FOB prices of most origin were reported stable with only India reported an increase.
FOB price of India black pepper was reported with the same 1% increase as compared to the previous week at an average of USD 4,864 per Mt.
Indonesia black and white pepper were reported steady averaging at USD 2,227 per Mt for black pepper and USD 3,938 per Mt for white pepper.
Malaysia black and white pepper continued to be traded stable and unchanged.
Furthermore, Viet Nam black pepper 500 g/l, 550 g/l and Viet Nam white pepper were also reported stable.
China traded its white pepper in the international level with an average of USD 4,845 per Mt. 









WHATSAPP +5511988027709
MAIL manager@peppertrade.com.br
TWITTER : https://twitter.com/peppertrade


Descrição: Imagem removida pelo remetente.

Tuesday, September 17, 2019

FROM VIETNAM- PEPPER MARKET UPDATE 16TH SEPT 2019.



Vietnam
According to customs and VPA data, Vietnam has exported 19,456 of which 17,460 tons were black pepper and 1,996 tons were white pepper, the exports in August reached 46 million $.
Compared to the previous month, exports decreased by 17.1% in volume and 18.8% in value…

The tightening of border trade in China recently make sharp decrease export to China.
In August, pepper exports to China only 1,312 tons, less 5,000 tons compared to July.
Meanwhile, US pepper imports increased from 3,686 tons in July to 4,635 tons in August. It is also biggest market of Vietnam pepper.
The next major import markets follows as India, Arab, Turkey, Germany ...

Pepper market was down sharply from last week due to a lots of raw material stuck in China border, many container/trucking could not deliver and have to return and kept in Vietnam collectors warehouse.
Border clearance come to a standstill and we don’t know when go smoothly again.
Other information: Many collectors/middleman stockpiling coffee and beginning this month is loan maturity so they have to sell other agriculture product to cover temporary tight financial situation.

Brazil: Pepper price is most competitive as usual due to Real too weak compare with USD.
Difficult to other origin as Vietnam/Indonesia in pepper price when currency still keeping steady.

Indonesia:
Market up significantly when crop 2019 has finished. Business very slow as we heard due to price not competitive.


IPC MARKET RPORT No. 37/19, 9 September - 13 September 2019



LOCAL MARKETS
Market this week showed mixed response.
In local market, Malabar black pepper was reported with an increase by 1% as compared to the previous week averaging at USD 4,604 per Mt.
Indonesia black pepper was reported with a 1% deficit as compared to previous week with an average at USD 1,923 per Mt, In local currency, Indonesia black pepper was traded with an average of IDR 27,000 per Kg decreasing marginally by IDR 500 per Kg. Whilst, Muntok white pepper was reported with an increase by 1% as compared to the previous week averaging at USD 3,419 per Mt.
Malaysian black and white pepper were reported stable averaging at USD 2,062 per Mt and USD 3,604 per Mt respectively.
Viet Nam black pepper was reported with a decrease by 1% as compared to last week, averaging at USD 1,829 per Mt. Whilst, Viet Nam white pepper was reported stable with an average of USD 2,839 per Mt.
Furthermore, Sri Lanka black pepper was reported with a 2% deficit as opposed to the previous week with an average of U SD 2,407 per Mt.
China white pepper was reported stable and unchanged.



INTERNATIONAL MARKETS
In international market, FOB price of India black pepper was reported with the same 1% increase as compared to the previous week at an average of USD 4,884 per Mt.
Indonesia black pepper was reported with a 1% deficit as compared to the previous week averaging at USD 2,364 per Mt. Whilst, Indonesia white pepper was reported with an increase by 1% as compared to the previous week with an average of USD 4,044 per Mt.
Malaysia black and white pepper continued stable and unchanged. Furthermore,
Viet Nam black pepper 500 g/l, 550 g/l and Viet Nam white pepper were reported with a decrease by 2%, 1% and 1% respectively as opposed to the previous week averaging at USD 2,226 per Mt, USD 2,291 per Mt and USD 3,376 per Mt respectively.
China traded its white pepper stable in the international level with an average of USD 4,975 per Mt.

Friday, September 13, 2019

Brazilian Cloves Crop & Market


New Cloves crop in Bahia is a step away of start harvesting

Prices are high at the moment for what is left from the last season - around R$ 24.00 per kilo small lots and weak quality sold to local consumption. If processed for export a loss of 30% should be considered for cleaning, selecting and packing.
In dolar terms it corresponds today to U$ 6.00/kg. (1U$ = 4R$)

Regarding international trade Brazilian cloves ever follows the price trend of MZC origin with some discount depending on the volumes offered and demanded.

The 2019/2020 crop forecast is estimated at a maximum of 5 thousand tons and if realized will be an average crop. Must be considered that some 700 to 800 tons are sold to the local consumption

The maximum harvested in Brazil was in 2013 and reached 9 thousand tons.

ORION FEITOSA