Currently in the South East region, the first round of early Indian pepper has been collected, gardeners continue to embark on the main season of Vinh Linh and the last round is the share of pepper.
In general, according to the evaluation of gardeners in Tan Phu – Dong Nai, and Chau Duc – Ba Ria Vung Tau, the 2013 crop comes about a month early and is expected to suffer quite a serious loss compared to the previous year. Due to the impact of the No. 1 storm early last year and early monsoon rains coming early while many places still have unfinished harvests, the phenomenon of being raked in many gardens for high productivity in the years. before. However, specific figures will be included in the upcoming report of the Vietnam Pepper Association (VPA).
It is known that in the past two days, January 17 and 18, VPA organized a delegation to visit and conduct field surveys of some typical gardens in key growing districts such as Xuan Loc – Dong Nai and Chau Duc – Ba Ria Vung Tau (phase 1).
Expected in 3 days 22, 23 and 24/1, VPA will continue to survey in Loc Ninh – Binh Phuoc, Dak Song – Dak Nong, Ea H'Leo – Dak Lak and Chu Se – Gia Lai (phase 2) . Since then VPA will make an official assessment of the production results, productivity, pepper output in 2013 as a basis for pepper units to develop appropriate business and production plans.
On January 23, the price of black pepper in the Central Highlands provinces was traded at 119-120 thousand VND / kg, Dong Nai and Binh Phuoc provinces were 121-122 thousand VND / kg, only in Ba Ria – Vung Tau. Competitive price at 123-124 thousand VND / kg.
Meanwhile, on the world futures market NCDEX at Kochi India on Monday, January 21, the final trading price (LTP) for February delivery at Rs 37,070 / quintal (equivalent 6,894 USD / ton) and March contract at Rs 34,980 / quintal (equivalent to USD 6,505 / ton). While the exchange rate of the Rupee against the USD in recent days has increased (1 USD = 53.7743 Rupees).
Due to high demand in the context of limited supply, spot prices of pepper were unchanged at Rs 38,500 per quintal (US $ 7,160 per tonne) for pint and 40,000 Rs per quintal (US $ 7,438 per tonne). for MG 1 pepper.
Indian parity in the international market sold at spot prices in January at US $ 8,000 per tonne (C&F) while in February at US $ 7,100 per tonne (C&F) and in March US $ 6,700 per tonne (C&F). .
Currently the weather in the key growing areas of India is cloudy, which is not conducive to the harvest, making the new pepper crop slow to market.
Prices of Asta grade black pepper of many countries remained unchanged, remaining at USD 7,000 / ton (FOB). Vietnamese black pepper grade of 500 Gr / l-FAQ offered at USD 6,400-6,450 / ton and grade 550 Gr / l-FAQ at USD 6,650-6,700 / ton (FOB). Brazilian grade B1 black pepper increased slightly to USD 6,600 / ton (FOB). While white pepper, the FAQ grade remained high at USD 9,600-9,900 / tonne (C&F) depending on its origin.
According to customs statistics, December's export reached 6,238 tons of pepper of all kinds with a turnover of US $ 42.44 million, down 21.7% in volume and 20.7% in price compared to November. For the whole year of 2012, 116,826 tons of pepper were exported with a turnover of US $ 793.59 million, although it decreased by 5.6% in volume but increased by 8.4% in price compared to 2011. The average export price in December was US $ 6,804 / ton, up 1.27% compared to the average export price of November.
Source English (TTVN / CafeF)
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