GLOBAL PEPPER MARKET WEEKLY REVIEW-IPC
Date: 30/3/2012
The market declined during the week and prices at origins with the exception of Sarawak have decreased. In India, the market was calm with limited activities. Lack of demand have pushed the pepper prices at the domestic market to fall by around 5%, while fob price decreased by 2%. In Vietnam, local price stood at VND 123,000 per kg during 26-29 February. However on Friday prices fell by VND 2,000 per kg. Fob prices of Vietnamese black were reported stable. In Sarawak, local price increased marginally, while for fob price was stable. Pepper market in Lampung was quiet and prices of both local and fob have declined. Price decrease was also recorded in Sri Lanka. In Bangka and Sarawak, white pepper prices increased marginally, while in HCMC, local price of Vietnamese white pepper decreased by 2%. In Hainan, the price of white pepper was reported stable.
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