It is my pleasure to welcome you to the new IPC Website which provides important and useful information to improve our understanding and interaction with all the stake holders of the pepper industry and an indispensable source of information for pepper community.
The IPC has launched its advanced and user friendly website which provides updated data on production, export, quality standards, programs for development & promotion of pepper industry and other value added services, speedy browsing and easy access to technical information for the development of the International Pepper Community.
We hope you find the new website a unique source for all your needs on pepper industry.
Hoang Thi Lien
INTERNATIONAL PEPPER COMMUNITY
The market showed a mixed response during the week. In Viet Nam the price has moved up after continuous decrease, following increased arrival of new material from current harvest. Local price of black pepper in HCMC increased almost daily from VND 98,500 per Kg at the beginning of the week to VND 103,500 per Kg at the weekâ€™s close. Local price of white pepper also increased, by VND 5,000 to VND 142,500 per Kg.
The International Pepper Community has recently published a new book titled Good Manufacturing Practices for Pepper (P. nigrum L.) as part of the IPC efforts in providing the guidelines to the pepper producers and those who are involved in the production and processing of pepper in improving the quality of all pepper and pepper products produced, traded and exported from the member countries of IPC.
As reported earlier, pepper market has experienced a declining trend in 2016, where price of pepper prevailed in 2016 was averagely lower when compared with the average price in 2015. Global production in 2016 is estimated to have relatively stable; while for export a slight increase was recorded. Carry over stock for 2017 is around 68,000 Mt, a marginal increase of 1,000 Mt from 67,000 Mt at the beginning of 2016. Considering the above situation, pepper market in 2017 will depend largely on developments in production during the year.