Vietnam on course for pepper export target
VIETNAM, the world’s top exporter of pepper, will achieve its goal of earning $310m from overseas shipments of the spice this year, according to the Vietnam Pepper…READ MORE
Economic crisis overawes pepper market
BLACK pepper prices have weakened in recent weeks, despite a strong bullish sentiment on the fundamental side, as the global economic turmoil impacts the market and restricts speculative activity. Vietnamese black pepper is currently trading at $3,200 a tonne, its lowest value since mid-April 2007…READ MORE
Recession fears extend pepper weakness
CONTINUED sluggish demand has put a further dampener on world pepper prices over the past week. Vietnamese prices were also seen as easing further, with the IPC…READ MORE
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. The Vietnamese are still eager to sell and the levels for the FAQ (fair, average quality) of 500 gpl are […]
New supply options take pepper market lower
Prices of black pepper from Vietnam have fallen to $3,300 a tonne 500gpl, having been at $4,400 a tonne at their heights in March. Vietnamese exporters were being more aggressive with selling prices of late because of the tight financial situation that has caused many to liquidate inventories…READ MORE
Pepper buyers expect renewed tightness
The first trader explained that between January 1 and July 10 this year, Vietnam exported 50,000 tonnes of pepper. Over the first 10 days of July, Vietnam sold 3,300 tonnes, “so July promises as well to be a heavy shipment month…READ MORE
World pepper prices maintain firm trend
VIETNAM’S price-cutting in the pepper market is not putting a brake on the global trend for higher prices because of currency fluctuations. The situation is complicated by the multiplicity of grades but, despite a policy of reducing black pepper prices, Vietnam’s 500 gpl grade has increased to $3,375 a tonne…READ MORE
Pepper rebounds after short-term falls
In the week to April 18, European traders indicated an easing in prices of Vietnamese grades of black pepper. Vietnam is the majority of pepper comes from, The trader explained that Vietnamese prices were in the range of dong50,000 ($3.07) a kg in the last week, down from dong62,000 a kg at the end of […]
Lack of buying takes toll on black pepper
INTERNATIONAL black pepper prices have shown some sharp declines over recent weeks largely as a result of slack demand. In the week to March 20, European traders quoted falls in spot and shipment prices from Vietnam…READ MORE
Black pepper enters fresh volatile phase
GLOBAL black pepper prices have seen further sharp increases of late as farmers and exporters look to capitalise on their returns. The trader revealed that his company had recently sold steam sterilised Vietnamese black pepper at $4,700 a tonne c&f…READ MORE
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