VPA: Be calm and proactive in 2015
IPC forecasts world pepper production in the 2015 crop to be about 374,500 tons, increase 38,300 tons (increased mainly from India, Indonesia and Sri Lanka) plus inventories at the end of 2014 to 2015 were about 59,000 tons. Thus, the total world supply of pepper in 2015 is 433,536 billionpress, increase 12.630 tons compared to 2014. Consumption demand is about 416,000 tons. Therefore, the pepper supply-demand balance in 2015 may be more harmonious than in 2014; However, prices can still remain high.
Market situation, Indian pepper prices are quite sensitive to Vietnamese pepper. India harvested from December 2014 to February 2015, Indian production is forecast at about 70,000 tons, up 33,000 tons compared to the 2014 crop (?).
On December 22, 2014, the Kochin exchange offered the following prices: Rs 66,700 per quintal for buckets, at the exchange rate of RS 63.23 per tonne, would correspond to $10,590 per ton. Selected target: Rs 69,700/quintal. January 2015: Rs 62,964/quintal. February: 59,337 Rs/quintal. March: Rs 59,237/quintal. April: 59,136 Rs/quintal. May and 6:58,934 Rs/quintal. The price above has dropped much compared to the previous days.
In the 2015 pepper crop of Vietnam, the productivity decreased sharply in all provinces. Harvest from the beginning of February to the end of April 2015. At this time, many pepper farmers needed to sell to pay their debts. Right now, importers are and will come up with many tricks to jam market information in order to buy cheaply and collect a lot of pepper from Vietnam at the time of harvest to then wait for the world’s scarce goods. open to make a profit (same as in 2013, 2014). In the past few days, the domestic price of pepper has suddenly decreased by 10-15 thousand VND/kg, but in fact, the consumption of pepper in the people has almost run out, the purchase and sale is very little.
Faced with the complicated movements of the market, prices, and all positive or negative information, farmers and businesses in Vietnam need to calm down, analyze and calculate in selling, buying, storing goods, owners. Acting to regulate the volume of trade and export so that the price is the best and most effective, farmers and businesses agree to regulate the amount of trading and export, not selling at a low price, pushing the price down, falling into the trap of the traders. import. Limit or do not sell paper pepper, which easily leads to loss. VN has accounted for more than 50% of the world pepper export market share, then VN has enough power to do this.
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