Recession fears extend pepper weakness

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

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Pepper importers look for new direction

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

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