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Farmer reluctance lends support to Indian pepper values

Indian pepper farmers are reluctant to release stock so hand to mouth stockists have been trying to cover at premium levels for their near-term requirements.

The company observed that there is not much activity across growing or trading regions but despite this prices for black pepper moved up by 2-3%, reflecting the lack of arrivals. It found that arrivals remained very low in the last few days ahead of its report… READ MORE

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