Under existing Indian laws, pepper is allowed to be imported duty free if it is for processing and reexport as finished produce. However, Indian pepper producers in Kochi claim that a lot of traders are abusing the system and importing cheap…READ MORE
GLOBAL pepper prices have rallied significantly over the last fortnight due to tight supplies and a sudden surge in demand. However, India’s domestic pepper prices have actually fallen due to a rise in the…READ MORE
Indian pepper exports were negligible compared with the levels reached in the past and the country could become a net importer in the next year or two. India’s yearly domestic consumption was already very high at 55,000 tonnes and was increasing due to changes in eating habits…READ MORE
INDIA’S pepper exchange is set to demutualise as part of the ongoing restructuring programme that has seen it launch an electronic futures contract. The pepper exchange, run in Kochi by the India Pepper…READ MORE
India was discovered by importers who detected that the shipment contained the Sudan 1 dye. Six French companies have been identified as importing the pepper containing…READ MORE
There is not too much room for downward prices but prices may continue to fall step by step. India’s 2002/03 black pepper crop was expected to be 50,000 tonnes – 25,000 tonnes less than its domestic consumption…READ MORE
During January and February, India exported just 2,800 tonnes of pepper, compared with 4,750 tonnes in the same period last year, according to estimates by the International Pepper Community (IPC). In February, exports fell to 1,500 tonnes, a drop of 38% or 900 tonnes from a year ago…READ MORE
Due to the poor prices that black pepper is currently commanding on the international market, Indian spice are fearful that global prices will remain weaker than those on the domestic market and they are therefore expected to be very wary about exports in 2003. Indian black pepper shipments totalled only 1,550 tonnes in December and […]
Despite forecasts last year of a tight black pepper market during the first quarter of 2003, traders are now anticipating a glut and lower prices in most origins.The largest player in the field, India, have already begun their harvests, which are expected to total around 140,000 tonnes…READ MORE