Pepper exports up 36% in first quarter<\/p>\n
JAKARTA (JP): The country exported 7,049 metric tons of pepper
\nfrom January to April, 36 percent higher than the corresponding
\nperiod last year, according to the International Pepper Community
\n(IPC).<\/p>\n
IPC said on Wednesday the volume of Indonesian black pepper
\nexports showed a downward trend but the volume of white pepper
\nexports consistently increased.<\/p>\n
"This phenomenon indicates a very limited inventory for black
\npepper until the upcoming crop sometime in September or October,"
\nIPC said in its latest market review.<\/p>\n
The country's monthly pepper exports totaled 1,815 tons in
\nApril, comprising 280 tons of black and 1,535 tons of white
\npepper. It represented an increase of 4.5 percent compared to
\n1,736 tons in March and 1,883 tons in February.<\/p>\n
Indonesia is the world's top producer of white pepper and
\nranks the second highest black pepper producer after India. White
\npepper is mostly grown on Bangka Island, South Sumatra, which
\naccounts for 90 percent of the country's output, while black
\npepper is produced in Lampung, also in South Sumatra.<\/p>\n
IPC said the world pepper market during April was active, but
\nnew stocks from Vietnam and Malaysia caused a downward trend in
\nprices.<\/p>\n
"Pepper prices at source markets have decreased in the range
\nof 1.9 percent and 9.2 percent when compared to the prevailing
\naverage price during March 1999," the market review said.<\/p>\n
"Prices have been shown to increase in May 1999 and the trend
\nappears to continue until Brazilian and Indonesian crops come."<\/p>\n
IPC is an intergovernmental organization of pepper-producing
\ncountries comprising Brazil, India, Indonesia, Malaysia, Sri
\nLanka, Thailand, Papua New Guinea and Micronesia.<\/p>\n
Earlier this year, IPC predicted Indonesia's pepper exports
\nwould drop 26 percent to approximately 30,000 tons this year,
\nfrom 37,800 tons last year, due to unfavorable weather
\nconditions.<\/p>\n
Total pepper exports from the three main producing countries
\n-- India, Indonesia and Malaysia -- rose 31 percent to 27,691
\ntons in the first four months of this year, from 21,111 metric
\ntons in the same period of 1998.<\/p>\n
World pepper exports reached 125,957 tons in 1998, down from
\n138,589 tons in 1997. (udi)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/pepper-exports-up-36-in-first-quarter-1447893297",
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"sponsor_url": "https:\/\/okusiassociates.com"
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