Global Pepper Market Weekly Review

The market showed moderate improvement in India. Trading at the Commodity Exchange was active during the week. Small quantity from new crop has arrived in local market. Prices increased by around 3% both spot price as well as futures and fob prices.

In Vietnam, activity still limited. It is expected that activity will be back into normal by next week. Prices on the last two days were VND 87,000 per kg (local) and USD 4125 and USD 4,450 per mt fob for 500g/l and 550gl respectively. In Lampung, local prices increased by 2%, with limited activity. Slight increase was also recorded in Sarawak and Sri Lanka.

In Bangka, white pepper prices increased, while in Sarawak price was stable. In HCMC local price increased on Friday from VND 115,000 per kg VND to 122,500. In China, players are still on holiday.

(Source: http://www.indiainfoline.com/Markets/News/Global-Pepper-Market-Weekly-Review/3550737113)