Market Review - April 2013
During April 2013, the Pepper Price Index decreased by 4.85 points for black pepper and marginally 0.67 points for white pepper (Table 1). The composite price of black pepper decreased by 2.1% to USD 6,416 per mt in April from USD 6,556 in March 2013, while that of white pepper decreased slightly by 0.3% from USD 9,068 per mt in March 2013 to USD 9,039 in April 2013
WPB Week #20/13, 13 May - 17 May 2013
Pepper market was quiet during the week, except in Vietnam. The quiet market was due to limited stock available. Some activities were taken place in Vietnam in view of availability of new material from recent harvest. Under this situation, buyers tried to press the price down. However, supported by good holding capacity from higher price realised last year, farmers in Vietnam are not interested to release their material at lower price.
WPB Week #19/13, 06 May - 10 May 2013
In India Pepper prices continued to move up due to buying by short position holders. The pepper market witnessed high volatility on Wednesday and closed in a mixed trend following good liquidation and switching over in the futures, while aggressive buying interest was seen in the spot market which pushed the MG1 price to the historic Rs 326 a kg level. May contracts on the NCDEX were up by Rs 185 at Rs 36,240 per quintal. Spot prices moved up by Rs 100 to close at Rs 34,200 (ungarbled) and Rs 35,700 (garbled) per quintal.
The International Pepper Conclave, Dubai, UAE, 24th – 25th June 2013
The International Pepper Community is pleased in announcing its upcoming event i.e. International Pepper Conclave to be held on 24th and 25th of June 2013 at Hotel JW Marriott Marquis in Dubai, U.A.E.
Organized by Teflas, a leading event organizer based in Mumbai, India, the purpose of this unique and upcoming International Pepper Seminar is to acclimatize the Importers from the West Asia and North African Countries with the new suppliers along with the traditional ones on a one to one basis. This will facilitate clear exhibitions if any and can clear the way for voluminous trade directly between the Exporters from different producing countries and the Importers from different consuming countries.
WPB Week #18/13, 29 April - 3 May 2013
BLACK PEPPER: The market was quiet, particularly in the first half of the week in view the celebration of Labor day on 1st May at some of the trading centers. Pepper price prevails at most producing countries were reported stable. In Sarawak however, local price of Sarawak black decreased from MYR 17.00 per kg at the beginning of the week to MYR 16.46 at the week’s close. A marginal decrease of 1% was also recorded in Sri Lanka.