INTERNATIONAL pepper prices have shown a weaker tendency of late due to slack buying interest and the imminent arrival of Vietnamese new crop material.
Vietnam has become the key supplier at the moment as rival origins are mostly sold out or very low on stocks. It had been anticipated that Vietnam would have run out of 2009 crop carryover stocks by now, preventing any fall in its prices, but the opposite has transpired in both cases. Other origins had to follow Vietnam's lead of lowering prices...READ MORE