Pepper is a seller’s market as prices climb on higher demand

Brazilian exporters kept withholding remaining material from the country’s latest crop in order to generate even higher financial returns. Brazil’s B1 grades of black pepper were now around $6,000 a tonne c&f and B2 at $5,900 a tonne. There are virtually no offers. This is not the time for Brazil to be the market maker…READ […]

Read more