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Pepper market report on 6th Mar 2018

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 from domestic side are still very active.

 

Prices in this week are ranging:

- BP 500 FAQ: 2950-3000 USD/mt

- BP 500 Machine Clean: 3200-3230 USD/mt

- BP 550 FAQ: 3130-3150 USD/mt

- BP 550 Machine Clean: 3230-3250 USD/mt

- BP 570 ASTA: 3300-3350 USD/mt

- BP 5MM: 3500-3550 USD/mt

- WP: 4850-4900 USD/mt

 

FOB Hochiminh/Mar shipment

Packing: 50kgs net per PP bag.

 

Your inquiries/counter-bids or market information exchanging, discussions are mostly welcomed anytime.
 
Please feel free to contact us.
 
Ngoi Nha Hat Vietnam Co., Ltd.
info@ngoinhahat.com
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