Author - yen

Black pepper prices spike, likely to rise further

Black and White Pepper Prices in Vietnam which showed a bit easing mode on Monday moved up again from Tuesday to Friday with a further firming trend below the surface  As demand outstrips supply and imports become expensive, black pepper prices have risen, prompting growers to resort to hoarding in anticipation of bigger profits. That in turn is increasing prices even more. Shrinking  carryover stock in the Vietnam market ,  drying up of imports, hoarding and anticipated shortage in the current harvest due [...]

25 March
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Vietnam Prices unlikely to dip much this Year

Vietnam Pepper Prices which have been stabilised since end of February is very unlikely to dip as expected in Mid March with continued business from all continents with harvests at its peak and farmers resort to staggered selling as they are flushed with coffee funds which are currently almost at par with bench mark 500 gl FAQ Whole Black Pepper .Although we will see slightly lower prices locally but the weak Vietnam Dongs against US$ and € will make prices [...]

19 March
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Brazil Indonesia Vietnam Pepper Prices seen Consolidating but Indian Pepper Prices seen falling like 9 Pins in Week 10

Pepper Prices in major producing origins seen consolidating except in India where prices where continuously falling due to lack of demand with Elections at door step and harvesting at its peak. Brazil and Indonesia closely following Vietnam prices and currently there is no incentive for Importers in Vietnam to hedge their sales and has to depend entirely on Vietnam  Cambodia  and Laos   origin to fulfil  their commitments and at current rate Vietnam pepper will be sold out much earlier than last [...]

13 March
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Staggered Selling and Late Crop Arrivals Keep Pepper Prices High in Vietnam

Late Harvest coupled with Staggered Selling amidst panic buying for prompt shipments keeps pepper prices high In Vietnam in week 9 though expected to see some respite in pricing after the rally we saw after Lunar New year .Currently we see Vietnam is bombarded with inquiries from world over but we see demand for prompt shipments Outstripping supplies from farm gate . Harvest in Gia Lai has just begun which used to be Vietnam’s largest Pepper Producing Province, Next [...]

4 March
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Vietnam Pepper Fraternity Reopens after Holidays

Vietnam  Pepper Fraternity Reopens after holidays but suppliers still on holidays waiting for Feb 19 the most auspicious day to start new year business .Farmers flushed with funds from coffee trade are indicating US$ 3600 pmt for the bench mark 500 grams per Litre New Crop with 14% Moisture and Max 3%  Admixtures. It was very hard to get firm offers till close of business on Friday 16 Feb 2024 . Market most likely as we predicted will open [...]

4 March
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Stage Set for Rally in Pepper in 2024

Pepper Production in Vietnam and Brazil hitting 15-20% lower in 2024 with limited  Carry Over from 2023 and limited coverage done by  western industries Stage is being set for a rally in Prices in the ensuing year . Prices in Vietnam as well as Brazil was firmer before they closed for Lunar New Year Holidays and annual Carnival In Brazil . In the month of January Vietnam imported 2501 mts of pepper mostly from Brazil and Vietnam  exported 17537 metric tons in [...]

4 March
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Pepper Market Review Week 50 2020

Pepper Prices in all origins closed firmer during the week although we saw little easing off prices in Vietnam in early part of the week but thin inventories pushed prices back up again at close of the week slightly higher than that of week 49 close.Brazil has been the focus of attention since last three weeks being the cheapest origin as Asian buyers were very actively covering besides Europe but with continued increase in ocean freights at close of [...]

12 December
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Pepper Market Review Week 49 2020

Pepper Prices in Brazil India and Indonesia moved up further high during the week but Vietnam towards end of the week was beneath the surface started to ease off a little the gains made in the previous trading days with exporters soft pedaling as Chinese disturbances were not felt throughput the week  besides lack of equipment and space in both feeder and Mother Vessels from Vietnamese sea ports . Indian MG-1 Prices were hovering around the US$ 5/- a kg [...]

7 December
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Pepper Market Review Week 48 2020

Pepper Prices continued its upward parade during the week under review also in all origins. Notable feature was Vietnam prices closed at the previously highs of the year without Chinese interventions. Demand for prompt and December shipments coupled with short covering of earlier commitments pushed prices further high and it looks like we will see prices establishing new highs in the coming days with 90% of the crop already exported till date we can already feel the squeeze for material especially the [...]

28 November
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Pepper Market Review Week 46 2020

Black and White pepper continue to surge further across all origins during with week under review . Vasta parity for 570 gl closed at USD 2950 FOB but the undertone was slightly weaker with the aggressive Chinese buyers Retreating a little but local sellers were not willing to discount as they were expecting further hike in prices in the current scenario with very thin raw material availability and escalating prices in Brazil B1 Quotes moving to US$ 2575 FOB and Indonesian sellers [...]

16 November
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