India exported 44,613 tonnes of pepper in 2007, according to official customs statistics, up from 26,686 tonnes in 2006. Statistics for the current calendar year are not yet available. INDIA should aim to significantly increase it pepper production by developing…READ MORE
INDIA is aiming to produce 100,000 tonnes of pepper a year within the next four years, half of which will eventually be exported. The Indian pepper crop is likely to drop to 45,000 tonnes this season from around 50,000 tonnes over the past two crop years, after an erratic monsoon took its toll on output…READ […]
The strengthening of the US dollar against the currencies of exporting countries, such as India, has also had an impact on the value of black pepper. The change in the currency ratio has also made some changes to the price…READ MORE
BLACK pepper prices have weakened in recent weeks, despite a strong bullish sentiment on the fundamental side, as the global economic turmoil impacts the market and restricts speculative activity. The strengthening of the dollar against the currencies of exporting countries, such as India, has also had an impact on the value of black pepper. The […]
CONTINUED sluggish demand has put a further dampener on world pepper prices over the past week. The IPC noted that futures prices for black pepper in India had declined by about 9% from the previous week, although there was some futures trading activity, particularly for the October contract…READ MORE
Indian pepper prices have continued to fluctuate over recent weeks and in the latest period MG1 grades were seen easing to $3,600 a tonne cif from $3,750 a tonne a week earlier. Indian sources attributed this to the physicals market tracking declines on the futures side due to weak overseas demand…READ MORE
GLOBAL pepper prices have embarked on the route to recovery after recent falls as news on key crops is yet to come through. In the international market, Indian pepper price is quoted at $3,575 a tonne…READ MORE
Indian farmers are not prepared to sell in the domestic market because prices are too low and the MG-1 price has increased in Kochi and was quoted at between Rs14,600 ($363.53) for a 100kg bag and Rs14,700 per bag the previous week. The trader believed June MG-1 black pepper could breach the Rs15,000 per bag […]
INTERNATIONAL pepper prices look set for continued upward pressure due to overall shortages despite some declines being observed recently. The trader also pointed out that pepper futures prices on the Indian exchanges were 3% higher on April 19. While acknowledging that pepper prices are on average about $600 a tonne less than they were in […]
INDIAN pepper industry sources are anticipating a decline in production in 2009 due to recent untimely rains and have warned that this year’s crop might also be adversely impacted. This early prediction for 2009 has prompted Indian pepper farmers to hold back from selling…READ MORE