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Vietnam Made A New Record In Exporting Pepper In April, 2020

Vietnam Made A New  Record In Exporting Pepper In April, 2020

 

27 April, 2020

 

Global pepper market is forecast to be slow due to affected by COVID-19.

 

Disease movements are still complicated, especially in the US&Europe - the major pepper markets in the world, will cause less import demand. The global pepper market maybe continue  faces disrupted supply due to social isolation requirements and restrictions on clearance of cargo from many countries around the world.

 

Through a quick inspection again with Customs & Department of Agriculture and Rural Development, Vietnam has exported up to 42,330 tons of pepper in March (higher than the figures we forecast last week over 8.000 tons). The first quarter 2020 export reached 83,246 tons that increasing by 12.6% compare with the same period in 2019 (exported 72,726 tons). This is new records from Vietnam and very impressive for everybody too.

 

March also recorded a sharp increase in imports to more than 10,000 tons from Chinese, it’s biggest quantity was imported within 1 month from China until now. Details of export/import data each country, I will try to analyze and send you within end this week.

 

Pepper market opening today with less offer from domestic suppliers. Market very steady and China continue buying beside other countries like ASIA/USA/EU.

hotieuudhp

Source: peppertrade.blogspot

 

 

Arabica Prices Rise in March While Robusta Falls

Arabica Prices Rise in March While Robusta Falls

27 April, 2020

Arabica Prices Rise in March While Robusta Falls

In March 2020, prices for all Arabica group indicators increased due to concerns over the availability
of that type of coffee while Robusta prices fell by 0.9% to 67.46 US cents/lb. The ICO composite
indicator reversed its downward trend, rising by 6.9% to 109.05 US cents/lb. Global exports in February
2020 totalled 11.11 million bags, compared with 10.83 million bags in February 2019, but shipments
in the first five months of coffee year 2019/20 decreased by 3.4% to 50.97 million bags. In 2019/20,
world coffee consumption is estimated at 169.34 million bags, 0.7% higher than in 2018/19 as
Covid-19 presents considerable downside risk to global coffee consumption. Currently demand is
estimated to exceed production, projected at 168.86 million bags, by 0.47 million bags in coffee year
2019/20. However, the situation is evolving quickly and impacting both supply and demand. The
Secretariat is closely monitoring the situation and will keep its Members and the wider coffee sector
informed as new information and analysis becomes available.

Source: ico.org

CASHEW MARKET - GROWTH, TRENDS, AND FORECAST (2020 - 2025)

CASHEW  MARKET - GROWTH, TRENDS, AND FORECAST (2020 - 2025)

25 April, 2020

Increasing Demand From European Countries

In Europe, consumers are willing to spend more for quality foods. Consumers are also looking for new products due to increased health awareness and nutritional facts. Cashew kernels are largely used in the European market as a roasted-and-salted snack. Lately, cashew kernel also turns out to be interesting to industrial users and is used for cookies and cereals, and is also promoted as a topping on ice cream.

Usually, whole kernels, lacking defects or blemishes, are essential for the snack trade and the broken pieces are essential for other confectionery, biscuits, bakery products, and other prepared foods in the region.European cashew kernel imports are increasing, driven by the health trend.

The Netherlands, Germany, United Kingdom, and the growing markets in Central and Eastern Europe offer opportunities for developing country suppliers. In 2016, the import volume of cashew nuts reached 180,000 metric ton. Of this, nearly all (over 99%) concerned cashew kernels.

The import of in-shell cashew nuts is insignificant in the region.In the newer markets, such as Eastern Europe, there is an inclination in kernel grades toward the superior types, notably from the pieces to the wholes. The W320 is the leading grade in the imports.

 Lastly, European retailers have increased their retail prices for cashews and consumption is still seen good. The health benefits of nuts may be the reason for the sustained demand.

Cashew Kernel Market

Pepper remains firm on short supply

Pepper remains firm on short supply

Pepper remains firm on short supply.The spot market continued to show an uptrend last week following tight availability amid strong demand from upcountry markets. However, at the end of the week as the prices have crossed Rs 400 a kg level, some selling pressure was seen. 

Big exports can bring modest income

Big exports can bring modest income

BIG EXPORTS CAN BRING MODEST INCOME

MARKET REVIEW OF PEPPER FROM INDONESIA

MARKET REVIEW OF PEPPER FROM INDONESIA

MARKET REVIEW OF PEPPER FROM INDONESIA

Vietnam tries to hold cashew nut export prices to rescue growers

Vietnam tries to hold cashew nut export prices to rescue growers

CASHEW NUTS WERE ONCE THE KEY EXPORT ITEM OF VIETNAM. 

The paradox of Vietnamese coffee

The paradox of Vietnamese coffee

THE PARADOX OF VIETNAMESE COFFEE

Vietnam must spice up price of pepper

Vietnam must spice up price of pepper

VIETNAM MUST SPICE UP PRICE OF PEPPER

 

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