News

Pepper Price closes a tad lower in Vietnam

Black and White Pepper Prices in Vietnam closed a tad lower in the week under review with major operators turning their buying mostly to Indonesia where the harvest has just begun .Since price levels are same in both Indonesia and Vietnam exporters are trying their best not to disturb Vietnam market where most of current crop is already sold and exported . Big buying interest will flare up the market to the disadvantage of the operators . Brazil where [...]

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Pepper Price Volatility to continue in Vietnam as 2024 Crop almost sold out

Black and White Pepper Prices continue to remain volatile with Lions share of 2024 Crop (estimated between 157 K to 170 K ) has already sold and exported till June 2024 ( 140 K) Import of 20 K during the same period and estimated carry over of 35 K which are lying in very strong hands which might come out only when it surpasses the highs of 2015.The Brazilian crop of 70K and Indonesian Crop of 25 K may [...]

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Excessive Speculation in Vietnam Spoils Global as high as 185 K Pepper Mart

Heavy Speculative buying which started after May Day Holidays which brought prices as high as 85% from the beginning of the year without much quantities involved as farmers have sold 95 % of the crop between 90-98 K Vietnam  Dongs per kilo because of higher returns compared to previous year and almost 130 k pepper exported till 15 th June from an estimated crop size of 157 to 170 K depending on the conclusions of different agronomists of both domestic [...]

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Pepper Prices drop 25% from the peak in 14 days

Black and White Pepper Prices which increased 85% in just 4 weeks dropped 25% in 12 days with buyers deciding not to follow the ever increasing domestic prices and delay or default shipments which was a chain of action from farmers to collectors and collectors to exporters making pepper trade impossible for the entire supply chain .Although some Chinese  buying was reportedly done for White pepper at higher levels  Black pepper did not get any support worthwhile from Chinese traders.  Vietnam has [...]

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High volatility keeps pepper under uncertainty

For the past few weeks, confusion prevails in the pepper market in view of the uncertainty over the availability of the material in Brazil Indonesia and Vietnam. Prices have been skyrocketing every other trading session with USD 500  and USD 1000 per metric ton increase and in the last six weeks prices have almost doubled in all the major origins except in India where prices are already high though increased but not to the same extent like other origins [...]

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Pepper Market Week 21 2024

Black and White Pepper Prices across all producing origins established highs of last 5 Years in the week 21 showing further signs of increase in week 22.its just impossible to buy pepper in Brazil Indonesia and Vietnam where prices kept on increasing with 15/25 ton trade. Brazil B1  machine dried at close of the week was  US$ 5750 FOB and IndonesiAN Lasta $ 6000 FOB and Vietnam Asta was at $ 5850 FOB HCMC  DWWhite Asta US$ 8050 FOB    Markets are likely [...]

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Pepper Market Review Week 20 2024

Black and white Pepper prices in Vietnam rallied further during the week scaring local  suppliers as well as exporters with more defaults locally with the huge increases in the domestic prices . We are yet to know about the delays and defaults from exporters side as we know local suppliers have been defaulting heavily to the exporters with prices increasing by US$ 1000 pmt after the Tet Holidays till now and US$ 700 pmt from the beginning of May [...]

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Pepper Prices Consolidates at 2024 Highs

Pepper Prices which opened 8% higher after May Day Holidays is consolidating at highs of 2024 as both multinationals and domestic companies comes in terms with new levels and started covering their short positions after waiting for 10 days.Though at one point there was a feeling that market might drop to the levels prior to holidays which was in the range of 95/96000  Dongs per kilo but now chances are looking bleak as many consumers have started following higher prices prevailing currently [...]

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