Ngôi nhà hạt việt nam

According to IPC, total global productions of pepper in 2017 approximated 472,000MTs which was 9% (~40,000MTs) higher than itself in 2016. Vietnam, Brazil, India and Sri Lanka were the origins which had their productions increased whereas Indonesia and Thailand were in the opposite situations.

With the increasing rates during recent days, the raw prices could be very soon heading toward new bottom range VND65k-70k/kg which we mentioned in last update. We saw that local prices always moved faster than the export prices. And in these situations, the exporters who are in positions to cover, are suffering the difference of fluctuations. Vietnam has approximately 150k hectares of pepper plantations...

According to VPA, the market showed a mixed response during the week. Pepper price in Viet Nam increased; while in India and Malaysia decreased. Stable prices were recorded in Indonesia, Sri Lanka and China. In Viet Nam pepper harvest has almost completed but market is not actively brisk as farmers hold materials from recent harvest. On the demand side, global activity has shown an increasing trend...

According to VPA, export volume in Mar 2018 estimated 30k tons and accumulation of Q1/2018 approximated 60k tons (17% higher than Q1/2017 which was 51.1k tons). During last 2 weeks, pepper prices were re-bouncing after reaching its bottom (+18% thus far). Reportedly, reasons were that local speculators were migrating their money from coffee to pepper, Brazilian pepper stock finished, Chinese buyers...

Local market keeps firming up daily thus far. Those who were in short finance already sold out their stock couple of weeks earlier. "The other ones could be able to build stock for longer! " said a local trader. The resistances against downtrend of pepper at local levels are now taking places remarkably. How long they can bear, how far they can fight to bullish the pepper market is a question but they...

Vietnamese pepper market is getting firm these days. Farmers, local sellers would tighten their stocks rather than sell out below VND56k-57k/kg ex farm gate. And this has been lasting for a week. Although export at the spot levels keep moving sluggishly, Vietnamese sellers constantly expect that with the running out stock from Brazil, their prices would be restored somehow.

It has been 2 months since the VN pepper crops started harvesting and the farmers were bitterly suffered from very big market fluctuations. Obviously, this was coming from the surplus of supply against demand (approximately 20%). Many experts had alerted that expansion without control of pepper farms, control of quality and replacing other trees (coffee, orchards, etc) with pepper - had resulted to...

Pepper market this week is a little bit easier than last week. Local prices - after getting firmer due to Chinese spot demands - are now better adjusted. Vietnamese export is still being hardly competed by Brazil. Some short sellers are trying to cover and/or squeeze the local supplies at their best possibilities for Mar portions. Exporters should be watchful for any further short sales since the resistances...

During Jan 2018 Vietnam has exported 17,198MTs of pepper (15,257MTs of black pepper and 1,941MTs of white pepper) which was 207% in comparison with itself Jan 2017. Since the market is declining seriously and labor cost is getting high against total production cost, farmers would leave their pepper corns unpicked until the last minutes. For the areas which were damaged by pests, farmers would not re-plant...