The international pepper market has shown signs of some downward pressure of late but it is difficult to gauge whether this will continue into the early part of 2016 or whether a rebound is on the cards. The more immediate attention is on Vietnam’s next crop…READ MORE
International pepper prices appear to have entered a mostly stable phase for the time being but tight spot availability could mean upward pressure on prices from resellers. The market is rather stable. Availability is getting scarcer in Vietnam because the crop has been around for some time and there are only maybe 15,000 or 20,000 […]
In Vietnam, the local price of black pepper was recorded to be very high, which is stronger than its fob price. This is possible since producers have the capacity to hold material and are not interested in immediately selling pepper at a reduced price…READ MORE
In Vietnam, the local price of black pepper increased by VND2,000 (USDxxx) per kilo to VND 182,000/kg in the last two days. The IPC noted that Vietnam’s was said to have completed harvesting its crop and this output was lower than that of 2014. As a result, Vietnamese pepper exports are expected to be lower […]
Buyers have so far reacted very calmly to the developments in Vietnam. Most of them have covered their March and or April needs already. The general expectation among the operators is that prices might ease a little in the coming weeks when most of the March short coverage is over. The reality is that the […]
The IPC explained that in 2014 Vietnam exported 146,400 tonnes of pepper, valued at around USD1.2 billion. The export performance in 2014 was the highest achieved so far and shows that Vietnam was able to capitalise on the short supply and high prices from other origins last year…READ MORE
Vietnamese pepper prices have stabilised after an impressive correction of some 20% in the space of just one month, Vietnam is by far the cheapest origin and most of the demand has been diverted to Vietnam now. It is almost impossible to pick up any more February shipments as the country will be closed for […]