Is forward buying peppered with risk?

India has pushed its prices up well above the market and it is overdone to the point where it cannot sell anything. Because there are hardly any stocks left on the Indian futures exchanges the local speculators can play the market…READ MORE

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New spate of buying spurs advance in Indian pepper prices

INDIAN pepper prices have risen over the past week due to a lack of sellers and active investment buying. The international market, Indian black pepper of MG-1 ASTA grade was being offered at $2,800 to $2,850 a tonne c&f due to the strengthening of the Indian rupee against the dollar…READ MORE

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Local demand sparks Indian pepper upturn

INDIAN pepper prices have edged higher on the futures market of late due to a lack of sellers and active investment buying, but export values have held stable. On the international market, Indian pepper prices had remained stable over the week to Wednesday…READ MORE

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New plan to rekindle Indian pepper output

INDIA’S government has approved a plan to rejuvenate pepper orchards in the Idukki district of Kerala over the course of the next five years in an attempt to reverse declining output. Pepper production in India has remained stagnant at around 50,000 tonnes a year for the past few years, dropping from 80,000 tonnes in 2002…READ […]

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India to replant pepper in Kerala

INDIA’S government has approved a plan to rejuvenate pepper orchards in the Idukki district of Kerala over the course of the next five years in an attempt to reverse declining production. Pepper production in India has remained stagnant at approximately 50,000 tonnes a year for the past few years, dropping from 80,000 tonnes in 2002…READ […]

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Pepper values advance in key global origins

THE black pepper market turned bullish for most origins in the week to January 24, the International Pepper Community (IPC) has observed. The IPC noted that in India the market showed an uptrend as indicated by the increase in the volume of trade…READ MORE

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India pepper futures decline on slack export demand

INDIA pepper futures ended down on Thursday on weak overseas demand and fresh crop arrivals. Arrivals in India started in December and will continue through February. Spot prices in the Kochi market rose by Rs83 ($1.65) to Rs10,712 per 100 kg…READ MORE

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Minister proposes new Indian pepper plan

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

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India sets goal to improve pepper output

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 […]

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