UNITED SPICE CO. LTD

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Black and white pepper prices in Vietnam stabilized during the week with less selling from farmers coupled with robust demand for nearby shipments from China who is emerging as a major importer of Vietnam Pepper and very likely by the mid of this year will push United States of America to the second position as importer of Vietnam Pepper  . Current prices are becoming very attractive to importers across the world and investors who have long term plans for stock piling as levels are just 18% in value compared with the values in 2015. We do not expect a big drop in prices from current  levels but expect prices to move up by at least 20% from the values we see end of March or early April this year . Plan to lock in your requirements fill next new crop in Vietnam from trusted partners is our recommendation during this period .

Middle East, Russia , Ukraine and Eastern Europe were also active besides China and India during the week under Review

Whole Black Min 500 gl Asta Cleaned with 12% Moisture Max 10% Light Berries and 0.2 % Foreign Matter was traded USD 2275 fob HCMC and 550 gl Whole Black Asta with 12% Moisture and Maximum 5% Light Berries snd 0.2% was traded USD 2325 FOB HCMC.

Brazil Asta was quoted USD 2075 FOB for April shipment as March shipment possibilities are getting tough and Difficult

Limited quantities of Indian MG1 was traded USD 5000 pmt FOB for nearby shipments

Please contact us for pesticide compliance and Steam Sterilized whole Black and White Pepper for March and April Shipments

UNITED SPICE CO. LTD

Add: Lot D, D2& N2 Str., Nam Tan Uyen Industrial Zone, Tan Uyen District, Binh Duong Province, Vietnam 
Tel: (+84 650) 365 3719 / (+84 650) 365 3721 
Fax: (+84 650) 365 3718