VIETNAMESE pepper prices have risen 14% in the last month and are likely to continue moving upwards, with short global production failing to keep up with demand Vietnam itself expects to see a 10% to 20% drop in output this year because of the El Nino weather phenomenon, poor farming techniques and overuse of fertilisers. […]
VIETNAMESE pepper prices should surge this month due to short global supplies and high demand. It forecast that export prices may reach the $4,000 to $5,000 a tonne levels last seen in the late 1990s…READ MORE
VIETNAMESE pepper prices have risen 14% in the last month and are likely to continue moving upwards, with short global production failing to keep up with demand. Vietnam itself expects to see a 10% to 20% drop this year because of the El Nino weather phenomenon, poor farming techniques and overuse of fertilisers, However, high […]
PEPPER output in Vietnam could fall by 10% to 20% this year, due to poor weather and improper cultivation. Black pepper exports could fall by as much as 10% because of the lower output. The El Nino effect could bring about a crippling drought across producing regions…READ MORE
VIETNAM accounted for 47% of global pepper exports in 2006 and has strengthened its position as the biggest producer and supplier of pepper in the last five years, according to the International Pepper Community. Vietnam exported around 116,670 tonnes of pepper or an increase of 21% from 2005…READ MORE
VIETNAMESE authorities expect the amount of black pepper shipped abroad to be around 10% lower than last year’s record 118,000 tonnes due to a reduction in local output. Vietnam is willing to co-operate with importers to avoid any sudden changes in prices in order to help stabilise the market…READ MORE
Vietnamese exporters sold 60% of their stocks in 2006 at $1,200 a tonne due to a lack of market information and proper export planning. Pepper started firming up after May and reached high levels towards October and by that time the Vietnamese sold the bulk of their stocks…READ MORE
The market is taking a rest just now before the new crops arrive in about a month’s time. Although harvesting has begun in Vietnam, the bearish phase in the global pepper market is likely to continue until a credible figure can be put on the crop in the major producer early next year…READ MORE
GLOBAL pepper prices have shown a weakening tendency over the last few weeks as exporters attempt to shift stocks in a well-covered market. The trader revealed that he does not expect a very active market over the next few months but predicted that as soon as the Vietnamese crop comes through buyers will rush in, […]
TRADERS and industry experts expect global black pepper production in 2007 to be about 20% to 25% lower than average. While Vietnam, the world’s top producer of pepper, is expected to have a normal crop of around 90,000 to 100,000 tonnes, the outlook is less optimistic for other countries…READ MORE