Brazil sees continued success with pepper sales
BRAZIL maintained a decent volume of pepper exports over the first 10 months of this year, led by a 42% increase in sales to its leading buyer the…READ MORE
World pepper shortage continues to bite
INTERNATIONAL black pepper prices have shown further gains of late as the increasingly tight global stocks situation takes its toll on the market. Harvesting of Brazil’s crop took place between August and October…READ MORE
Pepper pipeline perilously close to empty
Brazil’s new crop is seen as offering little respite. Brazil has already sold between 30% and 40% of the crop. Harvesting of the crop – which has been estimated at 25,000 to 28,000 tonnes compared with 39,000 to 40,000 tonnes last year – is expected to end by mid-October, which is earlier than usual…READ MORE
Dollar dip prompts pepper price rethink
INTERNATIONAL pepper prices have seen sharp gains in recent weeks largely as a result of improved demand and the continued depreciation of the US dollar against key global currencies. Brazil is feeling the problem of the fall in the US dollar against its currency…READ MORE
Is forward buying peppered with risk?
Brazil’s stocks are also seen as very limited. Brazilian pepper prices have also been tracking upwards. Brazilian B ASTA grade was indicated at $2,150 a tonne fob, B1 at $2,125 a tonne fob and B2 at $2,025 a tonne fob..READ MORE