There are still no signs of the catch crop from Espirito Santo in the south east part of Brazil. Last year Espirito Santo state exported around 11,783 tonnes and the greatest part of local consumption was produced in this state. The US dollar seems to keep depreciating against the Brazilian real. This year the devaluation […]
In the south east part of Brazil has its crop normally scheduled to be harvested around June/July, but due to El Niño, this mid-year crop is expected to be very late and around 35% down from normal. All signs are that this crop will reach the market along with the northern crop, Pará area in […]
The international pepper market finally seems to have found its direction and prices are firming up. In Brazil, exporters are finishing their last commitments. There is no further material available in significant numbers and they will only return to the market in October…READ MORE
Sun-dried Brazilian pepper is virtually sold out now as this material is usually only found at the beginning of the crop. Traded today, sun-dried B1 (Brazilian) pepper of minimum 550 grammes per litre at USD8,000 (per tonne)…READ MORE
The global pepper market showed mixed pricing in the week to February 19, the International Pepper Community (IPC). Brazil (22%)…READ MORE
The international pepper market has shown signs of some downward pressure of late but it is difficult to gauge whether this will continue into the early part of 2016 or whether a rebound is on the cards. On the matter of Brazilian pepper prices specifically, one Brazilian seller could be quoting at higher levels than […]
International pepper prices appear to have entered a mostly stable phase for the time being but tight spot availability could mean upward pressure on prices from resellers. Brazil’s latest crop, harvesting of which was started in August, is of a normal size. Trade estimates have put this at around 30,000-35,000 tonnes. Harvesting is expected to […]
In Brazil, farmers’ prices are not much different from more than a month ago. However, in this same month there has been almost a 10% devaluation of the Brazilian currency in relation to US dollar, which directly affected the prices in a market with slow demand…READ MORE
Brazilian pepper prices have been rising very rapidly over the last month due to strong demand. There is a general belief in Brazil that there are not many offers available simply because carry-over stocks this year were reduced to very low levels…READ MORE
Brazilian farmers are happy with today’s prices but their crop will only start in August. The best deals can be made in Brazil. It’s very hard to predict what will happen with the pepper prices until the end of the year…READ MORE