Fraud alert

 

Fraud alert: Indian exporters advised to be cautious while dealing with UAE-based companies

The Ministry of External Affairs, Government of India, has issued an urgent advisory to Indian exporters and businesses engaged in transactions with companies based in the United Arab Emirates (UAE). The advisory has been issued in response to multiple reports of fraudulent activities, delayed payments and unethical business practices by some UAE-based companies, particularly in the food and general trading sectors.

The following list of companies has been flagged based on complaints received from Indian exporters and international trading partners. These companies are alleged to be involved in fraudulent activities, including non-payment of goods, breach of contract and other unethical business practices. List of alert companies:

1. Grainvale Trading Co LLC
2. RMG General Trading
3. Nautical Miles Shipping
4. Vavas Foodstuff Trading LLC
5. Conveyors Foodstuff Trading LLC
6. Skill Tech International General Trading LLC
7. Al Ajlal Foodstuff Trading
8. Galaxy Foodstuff Trading LLC
9. Agrisea Foodstuff Trading LLC
10. Adnan Hassan Foodstuff Trading LLC
11. Kaushik Pradipbhai Foodstuff Trading LLC
12. Fresh Leaf Foodstuff Trading LLC
13. Shubh Frubles Foodstuff Trading
14. Company LLC
15. Ibtihaj Foodstuff Trading
16. Fal Trading
17. Importix Trading
18. DPS Traders
19. Rasaml Ward
20. Al Douri Foodstuff Trading LLC
21. Al Hamdan Foodstuff Trading
22. Lima Tech
23. Haameem General Trading LLC
24. Fizaka General Trading
25. Burj Al Madeena Foodstuff Trading LLC
26. Noor Al Rabee Trading LLC
27. Royal International LLC
28. Welfare Wave Foodstuff Trading LLC
29. Grains Ocean Foodstuff Trading LLC
30. Al Samra Foodstuff Trading LLC
31. Oribue Fresh Foodstuff Trading LLC
32. Ahmad Sadiq Foodstuff Trading LLC
33. Unique Nutrition Foodstuff Trading LLC
34. Pingrow Foodstuffs Trading LLC
35. Abhay Foodstuff Trading Co.
36. Samko Fodder Trading LLC
37. Euro Trading FZ LLC
38. Alamdad Foodstuff Trading Co. LLC
39. Banu Ali LLC
40. Awadi Traders
41. Switch Gear Group
42. Bluebay Foodstuff
43. Arakadia Fruits And Vegetables
44. Swap Territory Trading Co. LLC
45. Dalbani General Trading
46. Golden Line General Trading
47. Ahn Dynamics
48. Aip Foodstuff Trading Co. LLC
49. Bab Al Sham Foodstuff Trading LLC Dubai
50. Ya Gaffaru Foodstuff Trading Co LLC
51. Noor Al Izz Foodstuffs Trading LLC
52. Khair Al Falah Foodstuffs Trading LLC
53. Wahat Al Rayyan Trading
54. Stowrich General Trading LLC
55. Afiyah Foodstuff Trading LLC
56. Aqua Garden Foodstuff Trading LLC
57. Samaro Foodstuff Trading LLC
58. Al Wafee Foodstuff Trading LLC
59. One Stop Foodstuff Trading
60. AKFF Foodstuff Trading LLC
61. Green Grapes Foodstuff Trading
62. Spring Star Foodstuff LLC
63. Foodco National Foodstuff
64. Royal Nabeel Foodstuff Trading
65. Lasperanza Foodstuff Trading LLC
66. Al Hashir Foodstuffs LLC
67. Daily Pick Foodstuff LLC
68. Skylink Foodstuff Trading LLC
69. Albaraka Alttaiebah Foodstuff LLC
70. Zaika Foodstuff Trading LLC
71. Rebecca Foodstuff Trading LLC
72. Neetapalace Foodstuff Trading LLC
73. Noor Al Arab for Foodstuff Trading Co LLC
74. Al Qaswaa Foodstuff Trading LLC
75. Almeraq Foodstuff Trading LLC
76. Al Araqa Foodstuff Trading
77. UOC General Trading LLC
78. Emad Alpasha Trading Co
79. KJN General Trading LLC
80. Nawab Foodstuff Trading LLC
81. Ashraf Hashmi Foodstuff Trading LLC
82. Alnashra Foodstuff LLC
83. Moaaz Foodstuff Trading LLC
84. Unigrain Foodstuff FZ LLC
85. Aarax Foodstuff Co LLC
86. Haji Foodstuff Trading
87. Safiya Foodstuff
88. Jas Deen Foodstuffs Trading LLC
89. Khair Al Zad Foodstuff LLC
90. Abdul Haq Noor Foodstuff Trading LLC
91. Haji Abdul Wahid Foodstuff Trading LLC
92. Dar Al Sadiq Foodstuff Trading LLC
93. Al Bait Al Mubarak Foodstuff Trading LLC
94. Taj Al Iman Foodstuff Trading Co. LLC
95. Sama Al Bahr Foodstuff Trading LLC
96. MK Foodstuff Trading LLC
97. Sahanoor Foodstuff Trading LLC
98. Almaeda Almubaraka Foodstuff Trading LLC
99. Mateen Sadiq Foodstuff Trading LLC
100. Bait Alsalam Foodstuff Trading LLC
101. Avdaz Foodstuff
102. Ceve Foodstuff
103. Noor Al Yarmouk Foodstuff
104. Arif Imran Foodstuff Trading LLC
105. Saya International FZE
106. Al Salwa Traders LLC
107. H&MZ Global Worldwide FZE
108. VKI Foodstuff Trading LLC
109. ZIN Foodstuff Trading
110. HSH General Trading FZ LLC
111. Nature Valley Foodstuff Trading LLC
112. Arif Khan Foodstuff Trading LLC
113. Top Season Foodstuff Trading LLC
114. Al Mouz Foodstuff Trading LLC
115. Mohammed Yeasin Aziz Foodstuff Trading
116. Shams Al Maeda Foodstuff Trading LLC
117. Namco Foodstuff LLC
118. Dhofar Cattle Field
119. IDCO Foodstuff Trading LLC
120. Top Trust Foodstuff Trading LLC
121. Al Mailee Foodstuff Trading LLC
122. Fooder King Trading LLC
123. Future Mark Trading
124. MS Import Export

Fraudulent behavior:

– Non-payment or late payment: Exporters have reported significant delays or complete non-payment for delivered goods.

– Breach of contract: The companies failed to honor the agreed terms and conditions.

– Lack of transparency: Many of these companies operate with opaque business practices and limited verifiable information.

– Difficulty in resolving legal disputes: Exporters face challenges in pursuing legal action due to jurisdictional complexities.

Recommendations for Vietnamese businesses:

1. Conduct due diligence: Verify the credentials, financial status and reputation of UAE-based companies before entering into any business deal.

2. Use safe payment methods: choose safe payment mechanisms such as Letter of Credit (LC) or prepayment to minimize financial risks.

3. Seek legal advice: Consult with legal experts knowledgeable in international trade law to draft solid contracts and understand dispute resolution mechanisms.

4. Contact the Vietnam Trade Office in the UAE for support and guidance when dealing with local companies.

5. Reporting Fraudulent Activities: Immediately report any suspicious or fraudulent activities to the Association or the Vietnam Trade Office.

Source: Ministry of External Affairs of India

Pepper Market March 11, 2025

 

Pepper Market March 11, 2025: Price temporarily stable

New day market,  pepper price today (March 11) in the domestic market temporarily remained stable after decreasing yesterday.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) adjusted the price of Brazilian ASTA 570 black pepper to 6,900 USD/ton, an increase of 50 USD/ton compared to the previous trading session.

Meanwhile, pepper prices in other countries remained stable. Kuching black pepper from Malaysia was the highest at 9,800 USD/ton, while Lampung black pepper from Indonesia was 7,376 USD/ton.

 Vietnam's export  pepper price  remains at 7,000 USD/ton for 500 g/l and 7,200 USD/ton for 550 g/l.

Type name	World black pepper price list
	March 11 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,376	–
Brazilian Black Pepper ASTA 570	6,900	+0.72
Kuching Black Pepper (Malaysia) ASTA	9,800	–
Vietnamese black pepper (500 g/l)	7,000	–
Vietnamese black pepper (500 g/l)	7,200	–

At the same time of survey, the price of Malaysian ASTA white pepper stood at 12,300 USD/ton; Indonesian Muntok white pepper reached 10,242 USD/ton and Vietnamese white pepper was 10,000 USD/ton.

Type name	World white pepper price list
	March 11 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,242	–
ASTA Malaysian White Pepper	12,300	–
Vietnam white pepper	10,000	–

Update pepper information

According to  tribeneindia , India's black pepper industry is facing a turbulent 2025, as declining production and constrained supplies push prices to new highs, creating a challenging environment for both farmers and traders.

Vietnam, Brazil, Indonesia and India account for more than 80% of global black pepper production and 95% of trade. In 2024, India contributed 11% to the total global black pepper production, of which Karnataka accounted for 60%, Kerala 30%, and the remaining 10% came from Tamil Nadu and other regions.

The global pepper market has been volatile throughout 2024, with prices rising from Rs 328 per kg in January to a peak of Rs 614 per kg in June before stabilizing at Rs 512 per kg in December. According to industry experts, pepper prices could cross Rs 1,000 per kg this year.

Black pepper production in India has witnessed a significant decline due to erratic weather conditions. Unseasonal rainfall in 2024, coupled with the impacts of climate change, has adversely affected crop yields, leading to a sharp decline in total production. India is expected to produce 46,000 tonnes of pepper in 2025, down significantly from 55,000 tonnes in 2024.

Not only India, supply shortages are also occurring in other major pepper producing countries, including Vietnam and Sri Lanka, aggravating the global supply shortage.

Vietnam's pepper output decreased from 192,000 tons in 2023 to 183,000 tons in 2024 and is expected to continue to decrease to 178,000 tons in 2025. Meanwhile, Brazil's pepper output decreased from 102,000 tons in 2023 to 70,000 tons in 2024 but is expected to increase to 85,000 tons in 2025.

Additionally, Sri Lanka saw pepper production drop sharply from 20,000 tonnes in 2024 to just 14,000 tonnes in 2025.

The global supply shortage is expected to keep pepper prices high in key markets around the world, while increasing competition for high-quality Indian black pepper.

While the high price environment may benefit trade, maintaining production amid climate change and market inefficiencies remains a pressing issue for the long-term sustainability of the Indian black pepper industry.

Pepper Market March 13, 2025: Pepper prices continue to increase

Pepper prices today (March 12) continued to increase by 500-1,000 VND, reaching 160,000 - 161,000 VND/kg. Unlike previous years, this year pepper hoarding is more common, making raw materials scarce even during the peak harvest season.

World pepper price

At the end of the most recent trading session, the International Pepper Community (IPC) adjusted the price of Indonesian Lampung black pepper down to 7,254 USD/ton, down 10 USD/ton compared to the previous trading session.

Meanwhile, pepper prices remained stable in other leading producing countries. Currently, Kuching black pepper from Malaysia has the highest price on the market at 9,800 USD/ton, while ASTA 570 black pepper from Brazil has the lowest price at 6,900 USD/ton.

 Vietnam's pepper export  price  remained unchanged at USD 7,000/ton for 500 g/l and USD 7,200/ton for 550 g/l.

Type name	World black pepper price list
	March 13 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,254	-0.14
Brazilian Black Pepper ASTA 570	6,900	–
Kuching Black Pepper (Malaysia) ASTA	9,800	–
Vietnamese black pepper (500 g/l)	7,000	–
Vietnamese black pepper (500 g/l)	7,200	–

At the same time of survey, the price of Indonesian Muntok white pepper turned down slightly by 14 USD/ton to 10,237 USD/ton.

ASTA white pepper prices in Malaysia and Vietnam continued to remain at USD 12,300/ton and USD 10,000/ton.

Type name	World white pepper price list
	March 13 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,237	-0.14
ASTA Malaysian White Pepper	12,300	–
Vietnam white pepper	10,000	–

Update pepper information

According to a recent report by Ptexim, the company said that although demand from markets remains sluggish, farmers and dealers are still holding stocks instead of selling.

Currently, all pepper growing areas in Vietnam have begun harvesting. Especially in Dak Nong, the largest and most important pepper producing area in Vietnam, about 40% of the area has been harvested.

In Dak Lak - the second largest producing province, accounting for about 30% of the total pepper area of ​​the country, about 5% - 10% has been harvested.

Unlike previous years, this year many farmers have made big profits from durian and coffee, leading to pepper hoarding, making raw materials scarce even during the peak harvest season.

Therefore, processors are forced to use inventories to ensure delivery progress for signed export orders.

Many people hoard pepper waiting for prices to increase, leading to a situation where pepper prices at the farm gate are sometimes higher than raw material prices at export producers. The current situation will make business more difficult if farmers continue to limit the sale of raw materials to the market.

According to data from Vietnam Customs, Vietnam's pepper exports in February reached 14,345 tons, worth 97.2 million USD, up 10.7% in volume and 11% in value compared to the previous month, and up 7.2% in volume and 79.1% in value compared to the same period last year.

In the first two months of the year, exports of this item reached 27,274 tons, worth 184.4 million USD, down 11.6% in volume but up 48.5% in value over the same period.

Vietnam's average pepper export price in February reached 6,774 USD/ton, up 0.3% compared to January and up 67.1% compared to February 2024. In the first two months of the year, the average pepper export price reached 6,763 USD/ton, up 68% over the same period last year.

Although Vietnam's pepper exports to major markets have fluctuated in volume, the value of the turnover has generally increased due to high prices.

According to VietnamBiz.vn

 

India’s Black Pepper Market Faces Supply Challenges

Kashmir

India’s Black Pepper Market Faces Supply Challenges Amid Climate Change and Unorganised Trade

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Indias black pepper industry is poised for a turbulent 2025, as declining production and supply constraints push prices to new highs, creating a challenging landscape for farmers and traders alike.

Indian Black Pepper Crisis

Vietnam, Brazil, Indonesia, and India constitute over 80% of global black pepper production and 95% of global trade. In 2024, India accounted for 11% of global black pepper production, with Karnataka contributing 60%, Kerala 30%, and the remaining 10% coming from Tamil Nadu and other regions.

The global pepper market remained volatile throughout 2024, with prices surging from INR 328 per kg in January to highs of INR 614 per kg in June before settling at INR 512 per kg by December. According to industry experts – the price might cross INR 1000 this year.

Black pepper production in India has witnessed a significant drop due to erratic weather patterns. Unseasonal rainfall in 2024, coupled with the broader effects of climate change, has adversely impacted crop yields, leading to a sharp decline in overall production volumes. India is producing 46,000 MT of pepper in 2025, a significant reduction from 55,000 MT in 2024.

The tightening supply situation is not unique to India. Other major pepper-producing nations, including Vietnam and Sri Lanka, have also reported lower yields, exacerbating the global supply crunch. Vietnams pepper production fell from 192,000 MT in 2023 to 183,000 MT in 2024 and further to 178,000 MT in 2025. Brazils pepper production declined from 102,000 MT in 2023 to 70,000 MT in 2024 but saw an increase to 85,000 MT in 2025. Additionally, Sri Lankas production of pepper has significantly declined from 20,000 MT in 2024 to 14,000 MT in 2025. With domestic production down, India may have to export black pepper to Sri Lanka this year to meet its demand.

This international shortfall is expected to keep prices elevated in key markets worldwide, further intensifying competition for quality Indian black pepper.

Despite high demand, Indian farmers-particularly those in Karnataka-are struggling due to the largely unorganised nature of the domestic market. Unlike Kerala, which has established trading networks and institutional buyers, Karnataka lacks major direct procurement channels. As a result, many farmers are forced to send their produce to Kerala, where intermediaries capture a significant share of the profits, leaving cultivators with lower margins.

Industry stakeholders have called for structural reforms to strengthen direct trade channels and ensure fair pricing for farmers. Establishing organised procurement systems in Karnataka and other key pepper-growing regions could help farmers access better prices and reduce dependency on middlemen.

As India navigates these challenges, exporters and traders are closely monitoring market trends. While the high price environment could be beneficial for trade, sustaining production amid climate uncertainties and market inefficiencies remains a pressing concern for the long-term stability of Indias black pepper industry.

Here is the researched article – nxg.world/blog/black-pepper-crisis.

About NXG World

NXG World is a multi disciplinary global consulting firm built on data driven processes, technology and people with diverse expertise.

 

Pepper Market February 24, 2025

 

Pepper Market February 24, 2025: Pepper exports to China doubled over the same period last year

New market,  pepper price today  (February 24) traded in the range of 159,000 - 160,000 VND/kg. In January, pepper exports to the Chinese market doubled compared to the same period in 2024, reaching 947 tons.

In the world market

At the end of the most recent trading session, the International Pepper Community (IPC) listed the price of Kuching black pepper from Malaysia at 9,500 USD/ton; followed by Lampung black pepper from Indonesia at 7,287 USD/ton; ASTA 570 black pepper from Brazil was lower at 6,800 USD/ton.

Vietnam's black pepper price is at 6,500 USD/ton for 500 g/l and 6,650 USD/ton for 550 g/l. This is also the lowest price on the market.

Type name	World black pepper price list
	February 24 (Unit: USD/ton)	% change from previous day
Lampung Black Pepper (Indonesia)	7,287	–
Brazilian Black Pepper ASTA 570	6,800	–
Kuching Black Pepper (Malaysia) ASTA	9,500	–
Vietnamese black pepper (500 g/l)	6,500	–
Vietnamese black pepper (500 g/l)	6,650	–

At the same time of survey, the price of Malaysian ASTA white pepper was quoted at 12,000 USD/ton; Indonesian Muntok white pepper reached 10,127 USD/ton; and Vietnamese white pepper reached 9,550 USD/ton.

Type name	World white pepper price list
	February 24 (Unit: USD/ton)	% change from previous day
Muntok Indonesian White Pepper	10,127	–
ASTA Malaysian White Pepper	12,000	–
Vietnam white pepper	9,550	–

Update pepper information

According to data released by the General Department of Customs, Vietnam's pepper  exports in January reached 12,958 tons, worth more than 87.5 million USD, down 12.1% in volume and 10.1% in value compared to December 2024, and down 25.9% in volume but up 25.1% in value compared to the same period last year due to high prices.

The decline in pepper exports in the first month of the year was partly due to the long Lunar New Year holiday. In addition, the supply from the previous crop was also limited while the 2025 harvest was delayed due to adverse weather conditions.

Vietnam's average pepper export price in the first month of the year reached 6,756 USD/ton - the highest level in the past 9 years (since February 2017), up 2.3% over the previous month and up 68.9% over January 2024.

In January, the US continued to be Vietnam's largest pepper export market, with a volume of 2,829 tons, equivalent to 21.7 million USD, accounting for 21.8% of the total volume and 24.8% of the total pepper export turnover of the country, compared to the same period last year, a sharp decrease of 41.4% in volume but an increase of 8.5% in turnover.

Coming in second is the German market, reaching 1,326 tons, equivalent to nearly 9.4 million USD, accounting for over 10% of the country's pepper exports, up 37% in volume and 2.1 times in value compared to the same period last year.

Exports to the Indian market ranked third with 976 tons, equivalent to 6.99 million USD, accounting for nearly 8% of market share, down 29.5% in volume and up 23.8% in value over the same period.

In addition, the amount of pepper exported to the UK market also increased by 20.1% compared to the same period last year; while that of South Korea decreased by 36.3%; the Philippines decreased by 42.9%; the Netherlands decreased by 52.2%; and France decreased by 15.7%.

Notably, according to data from the Vietnam Pepper and Spice Association (VPSA), pepper exports to the Chinese market doubled compared to the same period in 2024, reaching 947 tons. China's market share in Vietnam's total pepper export volume also increased to 7.3% from 2.7% in January 2024. However, the amount of pepper exported to this market is still 45% lower than the same period in 2023.

Export volume to markets fluctuated inconsistently, but in general, the value of turnover still increased compared to the same period last year.

The reason is that the export price of pepper has increased sharply, for example, the export price of pepper to the US market reached an average of 7,680 USD/ton, an increase of 85.3%; the German market reached an average of 7,065 USD/ton, an increase of 54.8%; India reached 7,158 USD/ton, an increase of 75.6%..., especially the average export price of pepper to Pakistan doubled, to 6,780 USD/ton.

According to VietnamBiz.vn