BRAZILIAN black pepper prices have risen sharply over the last few weeks due to strong internal demand and currency factors. Brazilian grade 1 black pepper at spot prices of $1,575 a tonne compared with $1,475 a tonne a fortnight earlier, while shipment prices were quoted at $1,500 a tonne cif against $1,375 a tonne…READ MORE
BRAZILIAN pepper exports will fall short of the previous year’s level in 2005 judging by the latest figures. For the first 11 months of 2005, Brazil exported 32,010 tonnes of pepper, down 15.5% from the same period a year earlier when 37,875 tonnes were exported…READ MORE
However, in non-IPC countries, output is expected to increase marginally to 17,400 tonnes from 17,270 tonnes this year. The latest fob prices per tonne quoted for ASTA grade were: Brazil $1,275 to $1,300…READ MORE
GLOBAL pepper exports fell by 16% to 122,230 tonnes during the first eight months of 2005, compared with 145,515 tonnes in the same period last year. Brazil’s crop has already hit the market and exports are likely to increase in the current quarter of the year. The final export figure for 2005 will depend mainly […]
BRAZILIAN pepper industry officials have expressed concern that if the US dollar keeps falling against the real there could be a decline in their shipments over the course of 2005. The weakness of the US dollar seen over much of 2004 has pushed up Brazilian pepper prices, gradually rendering exports uncompetitive. Between May and December […]
GLOBAL pepper production is set to fall by 3% in 2005 owing to prolonged low prices that have become a strain on farmers faced with the burden of rising production costs. Brazil forecast to produce 45,000 tonnes…READ MORE
BRAZIL is expected to significantly increase its white pepper production this year following predictions that there will be a bumper overall 2004 harvest of between 50,000 and 65,000 tonnes. Brazil has had poor pepper crops, with the 2003 harvest pegged between 40,000 and 45,000 tonnes…READ MORE
Brazil’s black pepper harvest, which is expected to become available in August, has been provisionally estimated at between 55,000 and 60,000 tonnes. This compares with an estimated 2003 crop of approximately 45,000 tonnes. Although it is still too early to make an accurate forecast, the trader was assured that Brazil would reap a significantly increased […]
GLOBAL pepper prices have rallied significantly over the last fortnight due to tight supplies and a sudden surge in demand. Across major origins such as Brazil, prices have risen as an increase in demand took the trade by surprise. According to traders in the Brazil do not have enough stock for August…READ MORE
The new crops, traders and farmers are holding large volumes of 2002 pepper that could be released at any time. Some traders have forecast a carry-over of 15,000 to 20,000 tonnes in Brazil, while traders holding substantial quantities are even undercutting Brazilian exporters with their offers…READ MORE