Latest Post
Tampilkan postingan dengan label pepper demand. Tampilkan semua postingan
Tampilkan postingan dengan label pepper demand. Tampilkan semua postingan
06.11
Pepper 2012, Prices Prediction and Production
Written By mine on Senin, 02 Januari 2012 | 06.11
Pepper prices witnessed firm movement throughout the day and settled 0.95% higher on Friday. Spot prices also traced Futures and settled 0.14% higher yesterday.
Pepper demand from the overseas and domestic buyers is dull as buyers are following a wait and watch stance anticipating fall in the prices as fresh arrivals will gain momentum shortly.m Indian parity in the international market is being offered at $6,950/tonne.
According to Spices Board of India, exports of pepper during April 2011- October 2011 stood at 13,750 tonnes as compared to 10350 tonnes in 2010-11, rise of 32.8%.
According to International Pepper Community (IPC) exports of black pepper during January to October 2011 from six major exporting countries (Brazil, India, Indonesia, Malaysia, Vietnam and Sri Lanka) was around 2.04 lakh tonnes a decline of 4.6% as compared to 2.14 lakh tonne in the same period last year.
Exports from Indonesia posted significant decrease of 40% as compared to previous year. Exports stood at 29,000 tonnes as compared to 48,500 tonnes in the last year.
During Jan to Oct 2011, Brazil exported 25,331 tonnes of pepper a rise of 4.74% as compared to previous year. U.S. remained the major destination of the pepper imports.
Arrivals of pepper in the domestic mandi on Friday stood at 5 MT as compared to 20 MT on Wednesday while offtakes on the other hand stood at 21 tonnes.
Global Pepper production in 2012 is expected to increase 7.2% to 3.20 lakh tonnes as compared to 2.98 lakh tonnes in 2011 with sharp rise of 24% in Indonesian pepper output and in Vietnam by 10%. Pepper production in Vietnam and Indonesia is projected at 1.10 lakh tonnes while that in Indonesia is projected to be 41 thousand tonnes. (Source: Financial Express).
On the other hand production of pepper in India in 2011-12 is expected to be scale down further by 5% to 43 thousand tonnes as compared to 48 thousand tonnes in the last year.
Pepper demand from the overseas and domestic buyers is dull as buyers are following a wait and watch stance anticipating fall in the prices as fresh arrivals will gain momentum shortly.m Indian parity in the international market is being offered at $6,950/tonne.
According to Spices Board of India, exports of pepper during April 2011- October 2011 stood at 13,750 tonnes as compared to 10350 tonnes in 2010-11, rise of 32.8%.
According to International Pepper Community (IPC) exports of black pepper during January to October 2011 from six major exporting countries (Brazil, India, Indonesia, Malaysia, Vietnam and Sri Lanka) was around 2.04 lakh tonnes a decline of 4.6% as compared to 2.14 lakh tonne in the same period last year.
Exports from Indonesia posted significant decrease of 40% as compared to previous year. Exports stood at 29,000 tonnes as compared to 48,500 tonnes in the last year.
During Jan to Oct 2011, Brazil exported 25,331 tonnes of pepper a rise of 4.74% as compared to previous year. U.S. remained the major destination of the pepper imports.
Arrivals of pepper in the domestic mandi on Friday stood at 5 MT as compared to 20 MT on Wednesday while offtakes on the other hand stood at 21 tonnes.
Global Pepper production in 2012 is expected to increase 7.2% to 3.20 lakh tonnes as compared to 2.98 lakh tonnes in 2011 with sharp rise of 24% in Indonesian pepper output and in Vietnam by 10%. Pepper production in Vietnam and Indonesia is projected at 1.10 lakh tonnes while that in Indonesia is projected to be 41 thousand tonnes. (Source: Financial Express).
On the other hand production of pepper in India in 2011-12 is expected to be scale down further by 5% to 43 thousand tonnes as compared to 48 thousand tonnes in the last year.
11.27
Future Pepper Prices Rise per Quintal as Supply in Spot Market
Written By mine on Minggu, 23 Januari 2011 | 11.27
Future pepper prices rising Rs 126 to Rs 23,918 per quintal today, as speculators enlarged their positions, triggered by lower supplies in the spot market 2011.
At the National Commodity and Derivatives Exchange, pepper for delivery in April rose Rs 126, or 0.53 per cent, to Rs 23,918 per quintal, with an open interest of 387 lots.
Likewise, the spice for delivery in January 2011 gained Rs 22, or 0.10 per cent, to Rs 22,660 per quintal, with a business volume of 598 lots.
Market analysts said tight supplies in physical markets following lower stocks in major producing centres and pick up in demand pushed up pepper prices at futures trade.
Pepper market continues to remain firm with arrivals on the lower side amid good domestic demand. Buyers who were expecting the market to ease due to arrival of new crop are finding it tough to procure pepper even at higher rates. With Vietnam offering only March shipment, the global supply continues to remain tight.
?Pepper is not coming to the market. Normally, the commodity starts arriving from November and gathers speed in January. It is tough to procure even one container of pepper from Kochi,? a trader told FE. Jojan Malayil of Kochi based Bafna Enterprises feels that the market would not ease this year due to arrivals in India and Vietnam.
?Production in India is low and farmers are holding on to the stocks. Demand is good as empty pipelines are being filled,? he added. Arrivals at trading centres are also low and not of good quality.
At the National Commodity and Derivatives Exchange, pepper for delivery in April rose Rs 126, or 0.53 per cent, to Rs 23,918 per quintal, with an open interest of 387 lots.
Likewise, the spice for delivery in January 2011 gained Rs 22, or 0.10 per cent, to Rs 22,660 per quintal, with a business volume of 598 lots.
Market analysts said tight supplies in physical markets following lower stocks in major producing centres and pick up in demand pushed up pepper prices at futures trade.
Pepper market continues to remain firm with arrivals on the lower side amid good domestic demand. Buyers who were expecting the market to ease due to arrival of new crop are finding it tough to procure pepper even at higher rates. With Vietnam offering only March shipment, the global supply continues to remain tight.
?Pepper is not coming to the market. Normally, the commodity starts arriving from November and gathers speed in January. It is tough to procure even one container of pepper from Kochi,? a trader told FE. Jojan Malayil of Kochi based Bafna Enterprises feels that the market would not ease this year due to arrivals in India and Vietnam.
?Production in India is low and farmers are holding on to the stocks. Demand is good as empty pipelines are being filled,? he added. Arrivals at trading centres are also low and not of good quality.
09.54
Pepper Commodity Future Trade Rose on Demand
Written By mine on Rabu, 13 Oktober 2010 | 09.54
Pepper commodity traded a shade higher by 0.11 per cent at Rs 18,408 per quintal in futures market today on better demand at spot markets, sluggish export demand and trend overseas limited gains.
National Commodity and Derivatives Exchange platform, pepper for delivery in November contract traded Rs 21, or 0.11 per cent higher, at Rs 18,408 per quintal, with an open interest of 4,679 lots.
Spice for delivery in October contract also gained Rs 13, or 0.07 per cent, to Rs 18,188 per 100 kg, with an open interest of 9,131 lots. Analysts said better demand at spot markets, following the ongoing festive and marriage season helped pepper to trade higher at futures market but sluggish export and weak trend overseas capped gains in spice prices at futures market.
National Commodity and Derivatives Exchange platform, pepper for delivery in November contract traded Rs 21, or 0.11 per cent higher, at Rs 18,408 per quintal, with an open interest of 4,679 lots.
Spice for delivery in October contract also gained Rs 13, or 0.07 per cent, to Rs 18,188 per 100 kg, with an open interest of 9,131 lots. Analysts said better demand at spot markets, following the ongoing festive and marriage season helped pepper to trade higher at futures market but sluggish export and weak trend overseas capped gains in spice prices at futures market.
