Vietnam forecasts upturn in pepper sales

VIETNAM is on track for a sharp rise in pepper exports this year due to higher output, hefty carryover stocks and a substantial gain in imports. Vietnam’s domestic consumption for both 2008 and 2009 is put at around 3,500 tonnes…READ MORE

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Dearth of stocks underpins pepper values

There is a new crop in Vietnam coming to the market in January or February, so we will wait and if we need anything we will buy spot. Spot prices generally will be prone to regular upward pressure…READ MORE

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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. Vietnamese prices have held relatively steady, hovering around 5% down from the earlier highs…READ MORE

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Pepper pipeline perilously close to empty

INTERNATIONAL pepper prices have surged over recent weeks and look set for strong upward pressure this month as global stocks become drastically short. Vietnam is still the key player especially at the moment as it is the main origin with stocks. But the speculation is that prior to its new crop around February/March (2010)…READ MORE

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Dwindling inventories spark pepper gains

GLOBAL pepper prices have faced renewed upward pressure of late due to increasingly tight world stocks against a market in which demand has been largely unaffected by the economic downturn. In the week ending August 14, European traders quoted sharp increases in Vietnam…READ MORE

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Is forward buying peppered with risk?

The arrival of Vietnam’s crop in February had the usual bearish impact on prices but this overhanging influence on the market has gradually lessened as more of this key origin’s new crop pepper has been exported…READ MORE

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Arrivals from Vietnam dent pepper further

GLOBAL pepper prices have incurred further losses of late due to the demand-slowing effects of the economic downturn and the bearish influence of new crop arrivals from Vietnam. Vietnamese black pepper prices had edged up before stabilising for a few days and then weakening again by the end of the week…READ MORE

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Vietnam drags down world pepper values

INTERNATIONAL pepper prices declined further in the week to February 19 largely as a result of hefty availability from Vietnam’s 2009 crop and the cautious, hand to mouth buying which has arisen from the economic crisis. Trade estimates have pegged the Vietnamese crop at around 110,000 tonnes, which would be similar to that of 2008. […]

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Pepper values advance in key global origins

THE black pepper market turned bullish for most origins in the week to January 24, the International Pepper Community (IPC) has observed. The IPC summed up the market in Vietnam as staying calm. Players were not in a hurry to enter the market in anticipation of Lunar New Year holidays…READ MORE

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Pepper traders pin hopes on Vietnamese crop

Vietnamese black pepper of a minimum 550 grammes per liter is currently trading at $2,550 a tonne cif, down from $2,600 a tonne in the previous week. Exports from Vietnam will be suspended for the next week as the country celebrates its new year and reports in the…READ MORE

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