PEPPER;
According to data from Vietnam Customs, in the first 15 days of June, Vietnam exported 16,764 tons, with a turnover of 59.0 million USD. Progressively from the beginning of the year to June 15, 2021, Vietnam exported 137,784 tons, with a total turnover of 437.6 million USD. Maybe June will be the biggest export month of this year with a forecasted total quantity reaching 34-35,000 tons, bringing the total export volume in the first 6 months from Vietnam to 156,020 tons. The situation is still complicated such as disease, cost freight / container situation and cash flow. However, Vietnam still exports pepper and has achieved impressive export figures in the first 6 months of the year. It is forecasted that the market will continue to be active and export volume will soon reach 200,000 tons in the upcoming third quarter.
Last week, pepper prices increased by 4% at many times, but then there was a downward correction due to the profit-taking of some speculators along with the complicated epidemic situation in some big cities in Vietnam. However, at the end of the week, the price still increased by 1.5%.
Farmers and dealers currently have almost no selling pressure when inventories have decreased sharply recently.
Several big companies in Vietnam currently have a reduced inventory and will definitely have to buy more raw materials for export in the last 6 months of the year when the additional source of imports from Indonesia is forecasted to be interrupted, discontinuity. Absolutely exporters have to cover raw material domestically to re export and harder to cover positions from other origin.
Indonesia; The crop is forecasted to reduce production by at least 20% due to the lack of care by farmers, a lot of information mentioned with a 50% reduction in output of white pepper in the 2021 crop. Currently, the situation of containers and freight in Indonesia is very tense especially at the port of Panjang and Jakarta. It is not easy to get the container even though willing to pay a high price (over $8,000 for a 20 FCL container). The situation of delivery delays and no booking takes place seriously. According to the information we received, the situation of containers / vessels will continue for a very long time and cannot be resolved in the next 3rd quarter. The pepper for export from Indonesia is forecasted to decrease sharply in 2021. This leads to an interruption in the supply of pepper from the Indonesian market to the world in the upcoming 3rd & 4th quarters is foreseen.
Brazil; The market has had a very rapid price increase in the past week with an increase of 6-7% and currently the amount of goods offered for sale is trickling. Real currency of Brazil is forecasted to maintain an uptrend in the near future against the USD.
India; Pepper price continued to increase slightly during the week. The increase in pepper prices is due to tight supply. Meanwhile, the demand for raw materials from manufacturers / exporters is very strong.
Nepal; After being granted import quotas by the government. Demand from the Nepal market triggered again with huge demand.
CASSIA/ STAR ANISE/ TURMERIC;
The rapidly increasing demand from the US and EU for Cassia orders has pushed prices up continuously in recent times. It is forecast that the price of Cassia will continue to be stable or increase in the near future when the inventory has decreased sharply.
I would like to give you an indication price PEPPER / CASSIA / STAR ANISE / TURMERIC… based on NET FOB HCM as follows;
1/ WHOLE PEPPER;
NO | ITEM | FOB (USD/MT) | EU MAINT PORT | NY/BAL |
PINHEAD PEPPER |
|
|
| |
1 | PINHEAD < 1MM SUPER CLEANED | $873 | $1,623 | $1,473 |
2 | PINHEAD 1.5MM - 2MM CLEANED | $1,243 | $1,993 | $1,843 |
3 | PINHEAD 2MM - 2.5MM CLEANED | $1,690 | $2,440 | $2,290 |
4 | PINHEAD SUPERIOR QUALITY | $2,136 | $2,886 | $2,736 |
5 | LIGHT BERRIES TO EXTRA OIL (6-7% PIPERINE) | Please Contact | Please Contact | Please Contact |
WHOLE PEPPER |
|
|
| |
6 | VBP 500 G/L FAQ | $3,408 | $3,836 | $3,888 |
7 | VBP 550 G/L FAQ | $3,635 | $4,063 | $4,115 |
8 | VBP 500 G/L Spiral Cleaned | $3,684 | $4,113 | $4,164 |
9 | VBP 550 G/L Spiral Cleaned | $3,784 | $4,213 | $4,264 |
10 | VBP 550 G/L Spiral Cleaned Pesticide | $3,984 | $4,413 | $4,464 |
11 | VBP 570 G/L ASTA | $3,851 | $4,279 | $4,331 |
12 | VBP 5MM Jumbo Size | $3,968 | $4,397 | $4,448 |
13 | White PEPPER 630 G/L DW | $5,351 | $5,780 | $5,831 |
14 | White PEPPER 630 G/L ASTA | $5,396 | $5,824 | $5,876 |
| ||||
2/ STEAM STERILIZED PEPPER & PESTICIDE GUARANTEE EU COMPLIANCE;
NO | ITEM | FOB (USD/MT) | EU MAINT PORT | NY/BAL |
STEAM STERILIZED PINHEAD PEPPER FOR GRINDING |
|
|
| |
1 | Steam Sterilized Pinhead < 1MM | $1,223 | $1,973 | $1,823 |
2 | Steam Sterilized Pinhead 1.5MM - 2MM | $1,593 | $2,343 | $2,193 |
3 | Steam Sterilized Pinhead 2MM - 2.5MM | $2,040 | $2,790 | $2,640 |
4 | Steam Sterilized Pinhead Super Quality | $2,486 | $3,236 | $3,086 |
STEAM STERILIZED PEPPER |
|
|
| |
5 | Steam Sterilized Pepper 500G/L | $3,945 | $4,373 | $4,425 |
6 | Steam Sterilized Pepper 550G/L | $4,080 | $4,508 | $4,560 |
7 | Steam Sterilized Pepper 570G/L | $4,147 | $4,576 | $4,627 |
8 | Steam Sterilized Pepper 5MM | $4,243 | $4,672 | $4,723 |
9 | Steam Sterilized White Pepper 630G/L | $5,778 | $6,207 | $6,258 |
STEAM STERILIZED PEPPER - EU COMPLIANCE |
|
|
| |
10 | Steam Sterilized Pepper 500G/L | $4,125 | $4,553 | $4,605 |
11 | Steam Sterilized Pepper 550G/L | $4,260 | $4,688 | $4,740 |
12 | Steam Sterilized Pepper 570G/L | $4,327 | $4,756 | $4,807 |
13 | Steam Sterilized Pepper 5MM | $4,423 | $4,852 | $4,903 |
14 | Steam Sterilized White Pepper 630G/L | $5,958 | $6,387 | $6,438 |
| ||||
3/ CASSIA/TURMERIC/STAR ANISE;
NO | ITEM | FOB | NOTE |
|
|
|
|
1 | WHOLE CASSIA; | $3,611 | >4% VO |
2 | CASSIA SPLIT; | $3,522 | >4% VO |
3 | CASSIA BROKEN CLEANED 2% VO; | $2,401 | >2% VO |
4 | CASSIA BROKEN CLEANED 2.5% VO; | $2,712 | >2.5% VO |
5 | CASSIA BROKEN CLEANED 3% VO; | $3,067 | >3% VO |
6 | CASSIA BROKEN CLEANED 3.5% VO; | $3,378 | >3.5% VO |
7 | CASSIA BROKEN CLEANED 4% VO; | $3,867 | >4% VO |
8 | CASSIA STICK CUT 6 - 10CM - ROLLED 90%; | $5,721 | >4% VO |
9 | CASSIA CIGARETTE LONG STICK | $5,676 | >4% VO |
10 | CASSIA POWDER 1 - 1.5% VO; | $1,868 | 1-1.5% VO |
11 | CASSIA POWDER 2% VO; | $2,246 | 2% VO |
12 | CASSIA POWDER 2.5% VO; | $2,623 | 2.5% VO |
13 | CASSIA POWDER 3% VO; | $2,801 | 3% VO |
14 | STAR ANISE SUPERIOR; | $17,779 | 2.5cm, 80% up |
15 | STAR ANISE STANDARD; | $17,557 | 2.0cm, 80% up |
16 | TURMERIC FINGER; | $1,504 |
|
17 | POLISHED TURMERIC FINGER; | $1,730 |
|
18 | TURMERIC POWDER; | $1,414 |
|
19 | TURMERIC SLICE SUN DRIED; | $1,459 |
|
20 | WASHED TURMERIC SLICE SUN DRIED; | $1,594 |
|
21 | TURMERIC SLICE MACHINE DRIED; | $1,594 |
|
|
|
|
|
|
|
|
|
4/ CASSIA STEAM STERILIZED PESTICIDE GUARANTEE;
NO | ITEM | FOB | EU MAIN PORT | USA MAIN PORT |
| |
1 | STEAM STERILIZED CASSIA BROKEN 2% VO; | $2,801 | $3,507 | $3,566 | ||
2 | STEAM STERILIZED CASSIA BROKEN 2.5% VO; | $3,112 | $3,818 | $3,877 | ||
3 | STEAM STERILIZED CASSIA BROKEN 3% VO; | $3,467 | $4,173 | $4,232 | ||
4 | STEAM STERILIZED CASSIA BROKEN 3.5% VO; | $3,778 | $4,484 | $4,543 | ||
5 | STEAM STERILIZED CASSIA BROKEN 4% VO; | $4,267 | $4,973 | $5,032 | ||
6 | STEAM STERILIZED CASSIA POWDER 1 - 1.5% VO; | $2,368 | $2,848 | $2,888 | ||
7 | STEAM STERILIZED CASSIA POWDER 2% VO; | $2,746 | $3,226 | $3,266 | ||
8 | STEAM STERILIZED CASSIA POWDER 2.5% VO; | $3,123 | $3,603 | $3,643 | ||
9 | STEAM STERILIZED CASSIA POWDER 3% VO; | $3,301 | $3,781 | $3,821 | ||
5/ PEPPER POWDER PESTICIDE GUARANTEE;
GROUND STEAM STERILIZED BLACK PEPPER | USD/MT |
|
|
- Half Cracked HTST black pepper; | $5,395 |
- Granulate HTST black pepper; | $5,294 |
- Coarse HTST black pepper 12 -> 14# ; | $5,042 |
- Table HTST black pepper 18 -> 28# ; | $4,998 |
- Fine HTST black pepper 30 -> 34# ; | $4,954 |
- Ground HTST black pepper 40 -> 100# ; | $4,823 |
|
|
GROUND STEAM STERILIZED WHITE PEPPER | USD/MT |
|
|
- Half Cracked HTST White Pepper; | $7,456 |
- Granulate HTST white pepper; | $7,314 |
- Coarse HTST white pepper 12 -> 14# ; | $7,101 |
- Table HTST white pepper 18 -> 28# ; | $7,039 |
- Fine HTST white pepper 30 -> 34# ; | $6,978 |
- Ground HTST white pepper 40 -> 100# ; | $6,792 |
|
|
Thank You & Warm Regards!
No comments:
Post a Comment
Your Feedback will be higly appreciated