Fresh arrivals lead to weaker trend in Indian pepper

Indian pepper production for 2011/12 is expected to fall below the average for the past seven years, estimated at 43,000 tonnes to 50,000 tonnes owing to decrease in yield (non-yielding area). Indian pepper prices had witnessed long liquidation after touching an historic high of Rs43,485 ($824.28) per quintal in February. Prices had risen in February […]

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Pepper price declines raise hopes of a revival in buying

GLOBAL black pepper prices showed significant downward corrections in the week to April 5, raising hopes that demand must pick up as a result. Pepper could be considered as reasonably priced at current levels. One potential positive was that Ramadan is quite early so Middle East buyers have been taking coverage to latch onto June […]

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