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

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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

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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

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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

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Pepper importers look for new direction

WEAK demand has meant that international pepper prices have continued to show a generally weaker tone of late, but there is some expectation that this price trend could change before the end of the year. Brazil’s new crop is said to be of a reasonable size and the trader quoted Brazilian ASTA grades at $2,950 […]

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Pepper buyers expect renewed tightness

WORLD pepper importers are bracing themselves for the possibility of tight availability in the fourth quarter of this year due to a combination of smaller output and an anticipated further increase in consumption. Brazil’s 2008 crop is the same as that of last year at 35,000 tonnes…READ MORE

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Nervousness over new crops lifts pepper

GLOBAL pepper prices have embarked on the route to recovery after recent falls as news on key crops is yet to come through. Last week, global prices for black pepper had been on the slide, despite the fact that exports from major origin Brazil had collapsed by 70% in May compared with a year before…READ […]

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