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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 [...]

7 June
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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 [...]

3 June
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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 [...]

25 May
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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 [...]

19 May
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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 [...]

29 July
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Pepper Market Review Week 28 2019

Black and white pepper prices closed firmer towards weekend despite Chineese traders absence . With Vietnam customs started accounting  for exports through Land Borders of Vietnam export figures showed a massive increase compared to previous years .According to our information 65% of crop of Vietnam and Cambodia has already crossed the custom borders in the first six months of 2019. A section of the trade feels seeing the first 6 months exports at a staggering level of 182000 mts another 140,000 [...]

15 July
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Pepper Market Review Week 21 2019

Black and white pepper prices in Vietnam closed firmer this week with farmers very reluctant to sell and collectors in turn started giving quotes only and no firm offers at close of business on Friday . Despite this Vietnam Exporters were offering very low prices below Prices quoted for Raw Material to generate activities because of a very quiet market or to keep buyers away because of heavy short position created .   Chinese traders were active from Thursday afternoon and CIS destinations [...]

15 July
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Pepper Market Review Week 15 2019

Black and white pepper prices in Vietnam continue to remain very stable despite Chinese absence since last 2 weeks which gave the opportunity for local exporters to operate peacefully to cover their needs for April Shipments. We have confirmed reports of some delays and extension of March shipment from certain shippers who are oversold almost 5 times their installed capacity to stay up on the ladder. Since Quality is of Less importance to most of the buyers and price [...]

15 July
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Pepper Market Review Week 12 2019

Black and White pepper Prices in Vietnam showed little relief with Chinese traders retracted from the market on Thursday  with issues of certificate of origin at Border.This gave some opportunities for local exporters to cover their pending requirements for March and early April shipments .Local prices which moved up as high as 48.000 VND per kg dropped to 46500 VND per kg except some shippers others were not willing to offer at this level as they see a potential [...]

15 July
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Pepper Market Review Week 11 and export statics of Vietnam January and February 2019

General Department of Vietnam Customs data published this week  revealed by  end of February, Vietnam exported 34,794 tons of pepper, including 31,253 tons of black pepper and 3,541 tons of white pepper. Total export turnover reached 101 million USD, black pepper reached 87 million USD, white pepper reached 14 million USD. The average export price of black pepper in the first 2 months of the year reached 2,782 USD / ton, white pepper reached 3,958 USD / ton. Compared [...]

15 July
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