Brazil sees continued success with pepper sales
BRAZIL maintained a decent volume of pepper exports over the first 10 months of this year, led by a 42% increase in sales to its leading buyer the…READ MORE
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. Harvesting of Brazil’s crop took place between August and October…READ MORE
Pepper pipeline perilously close to empty
Brazil’s new crop is seen as offering little respite. Brazil has already sold between 30% and 40% of the crop. Harvesting of the crop – which has been estimated at 25,000 to 28,000 tonnes compared with 39,000 to 40,000 tonnes last year – is expected to end by mid-October, which is earlier than usual…READ MORE
Dollar dip prompts pepper price rethink
INTERNATIONAL pepper prices have seen sharp gains in recent weeks largely as a result of improved demand and the continued depreciation of the US dollar against key global currencies. Brazil is feeling the problem of the fall in the US dollar against its currency…READ MORE
Is forward buying peppered with risk?
Brazil’s stocks are also seen as very limited. Brazilian pepper prices have also been tracking upwards. Brazilian B ASTA grade was indicated at $2,150 a tonne fob, B1 at $2,125 a tonne fob and B2 at $2,025 a tonne fob..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. Brazil’s new crop is said to be of a reasonable size and the trader quoted Brazilian ASTA grades at $2,950 […]
Emergence of new crops takes pepper price down a notch
IMPENDING supply from Brazil has been a major factor in continuing the decline in global pepper prices that started in March. Prices of black pepper from Brazil…READ MORE
Pepper buyers expect renewed tightness
WORLD pepper importers are bracing themselves for the possibility of tight availability in the fourth quarter of this year due to a combination of smaller output and an anticipated further increase in consumption. Brazil’s 2008 crop is the same as that of last year at 35,000 tonnes…READ MORE
Nervousness over new crops lifts pepper
GLOBAL pepper prices have embarked on the route to recovery after recent falls as news on key crops is yet to come through. Last week, global prices for black pepper had been on the slide, despite the fact that exports from major origin Brazil had collapsed by 70% in May compared with a year before…READ […]
Global pepper exporters try to tempt buyers
GLOBAL pepper prices are likely to fall further before they stage any major recovery. Brazilian B ASTA was being offered at $3,600 a tonne fob…READ MORE