News

Pepper Market Review Week 26 2020

The market in Vietnam saw prices on a stabilizing mode from Tuesday as most of the exporters who were shying away from the market finally showing heads up and started buying almost two weeks after the recent massive run up .Prices were trending higher from Friday on  reports of the local speculators who bought pepper on paper squaring off their positions with collectors.Limited business was done at  US$ 2475 for 500 gl Asta US$ 2525  for 550 gl Asta [...]

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Pepper Market Review Week 25 2020

Black and White Pepper Prices in Vietnam closed mixed with a few collectors dropping their prices due to liquidity issues while most others were trying to hold on to previous weeks closing levels.While some exporters claimed good business from across the Globe at current levels others were complaining lack of follow through at higher levels other than for quick and prompt shipments or insignificant quantities to sustain higher levels. Brazil Asta prices were steady at 2400 FOB throughout out the week [...]

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Pepper Market Review Week 24 2020

Black and white pepper prices closed unchanged from previous week though there were little swings and Couldn’t breach the 55000 VND per kg for the raw material.Only shorts with deep pockets were covering to honour commitments and others were on the sideline waiting for the chance of prices dropping further as most of the sales exporters have on hand is in the range of 34-38000 VND per kilo and executing contracts buying at current levels for the time being is not [...]

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Pepper Market Review week 23 2020

The market in Vietnam witnessed wild swings during the week under review. We saw market nose diving at the beginning of the week which the trade was foreseeing but  Prices were trending higher from Thursday again which caught the trade by surprise With very little support at higher prices from importers. Reports of quite short covering coupled with new buying interest at higher levels for prompt shipment  triggered  the spurt .At close of the week CIS buyers were active [...]

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Pepper Market Review Week 22 2020

Global Pepper prices showed the biggest volatility of the decade during the week under  review spearheaded by Vietnam where local prices at farm level surged from 48500 VND to 62000 VND per kilo and then retreating back to 55000 VND per kilo on Sunday .The shorts who were strangled were having various meetings in coffee shops and pubs besides closed door meetings how to fan the fire or extinguish it could not reach any concrete decisions.The biggies have asked [...]

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Pepper Market Review Week 21 2020

Black and White pepper Prices increased close to 10% this week in Vietnam. Increased  fresh demand ,short covering and speculative operations  has encouraged farmers and collectors to hold and increase asking prices .Indonesia and Brazil firmed as well but Indian prices were steady . Local prices at end of the week surged to 47.500 Vietnam Dongs per Kg.Worlds largestGrinder Was shopping heavily in Vietnam picking up all offers for 570 gl and 500 gl Asta cleaned whole Black Pepper for July [...]

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Pepper Market Update 18 th May 2020 and Vietnam Pepper Exports January through April 2020

Black and White Pepper Prices opening firmer today after a total flat market in week 20 after it increased by almost 22% from the lows of 2020 harvest 500 gl Asta quotes today at USD 2150 FOB HCMC 550 gl Asta cleaned USD 2210 and 570 Asta USD 2260 FOB HCMC DWWhite Asta cleaned USD 3125 FOB HCMC New demands on Saturday and Sunday at current levels for Prompt shipment and short covering by local exporters pushed asking prices of farmers [...]

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Pepper Market Review Week 30 2019

Vietnam Pepper offers during the week  drifted lower by US $ 50 pmt  due to a combination of inactivity and greater competition for market share by 165 odd exporters from the biggest pepper producing nation.Indonesia’s harvest is in full swing and offers inched lower  as takers were few from overseas market and it looks  like  exporters will match Vietnam prices if firm bids are given for August shipments .Major Indonesian exporters opine that August month will be the right month [...]

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