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 was quiet during the week under review. Except in Sri Lanka, the price of black pepper at most origin decreased. This was mainly due to weak of overseas demand. Buyers were expecting to get lower price. Moreover, pepper harvest in Brazil which is anticipated to be better from last year harvest is now going on. Reliable source in Brazil reported that production of pepper this year is possible to achieve 50.000 Mt, which is 5,000 Mt higher than production volume achieved in 2016. Under this situation, market pressure seems to be there. Trade source in New Jersey reported that FOB price of Brazil Asta black is at the level of US$ 4,200 per Mt for September/October shipment. Royal Golden General Trading reported that FOB price of Basta at the level of US$ 3,750 to 3,850, B1 US$ 3,700-3,800 and B2 US$ 3,600-3,700 per Mt respectively.
The IPC in close collaboration with the Ministry of Primary Industries and the Department of Export Agriculture is making arrangements to organise Pepper/Spice Exhibition in conjunction with the 45th Annual Session of the IPC. The exhibition will be held at the same venue with the 45th Session at Earl's Regency Kandy, Sri Lanka from 30th October - 2nd November 2017.
The IPC encourages Exporters of pepper and other spices from the IPC member countries to take part at this year Pepper/Spice Exhibition to exhibit and promote the pepper/spice products at this year Session. Manufacturers of pepper/spice processing machineries are also invited to take part at the exhibition which will be attended by leading pepper/spices players, producers, exporters, processors and government officials from the IPC member countries and also other producing and consuming countries.
Pepper market showed a mixed response with a slight increasing trend in July 2017. In Viet Nam, Lampung and Bangka the price of pepper increased; while price in Kochi, Sarawak, Sri Lanka and China decreased.
Pepper Price Index in July has increased by 2.78 points for black pepper and 1.48 points for white pepper from 58.62 and 59.80 respectively in June 2017 (Table 1). The composite price of black pepper increased by 4.7% to US$ 4,567 per MT in July from US$ 4,360 in June 2017, while that of white pepper increased by 2.5% from US$ 6,188 per MT in June 2017 to US$ 6,341 in July 2017 (Table 2) respectively. Increased price in Viet Nam and Indonesia as the first and second largest pepper suppliers have influenced on the formation of composite price index in July 2017.
The Borneo Post: SRI AMAN: Sarawak pepper remains a renowned brand worldwide with its quality ranked among the best of all pepper producing countries. Deputy Minister of Plantation Industries and Commodities Datuk Datu Nasrun Datu Mansur, said Sarawak pepper has made Malaysians proud given the high quality of the commodity.