Pepper market world over remained hotter than ever. Pepper market world over remained hotter than ever on strong demand amid limited availability with the predictions earlier this year at the Asta Conference that black pepper prices would cross Rs 7,000 a tonne and the white $10,000 a tonne have not only turned true, but it [...]
The export price of pepper hit a record high of VND140,000 per kilo, up VND40,000 per kilo compared to the previous month, according to the Vietnam Pepper Association (VPA). Businesses said that the price of pepper will continue to rise from now to the end of this year. The VPA forecast that the world’s pepper [...]
Pepper traded with high volatility but overall sentiments remained firm as the rates rose further with intermittent profit booking at the higher levels. There are anticipations of a further rise in export and domestic demand, and lower stocks and lower global production reports. But traders do anticipate some moderate fall in rates from these higher [...]
With pepper export from Vietnam drying up, the demand for the spice in Europe and the US is expected to go up in the coming weeks. On Tuesday, the price of garbled pepper stood at Rs 315 per kg. Jojan Malayil of Bafna Enterprises believes the price may reach Rs 350 in October-November. “The demand [...]
Viet Nam shipped 15,000 tonnes of pepper abroad in August, earning a turnover of US$91 million and boosting the total volume of exports to 98,000 tonnes in the first eight months of the year, announced the Ministry of Agriculture and Rural Development. The first eight months of exports marked a modest increase of 6.5 per [...]
Wholesale price of pepper in Ba Ria-Vung Tau province on Aug 13 hit a 4-month record and traders make sure that the price will continue rising in coming days. Reportedly, the record level of 120,000 dong/kg was formed between April 13 and 14, which fell to 112,000 dong on April 15 and then ranged between [...]
The domestic pepper price hit a 15-year high this morning as high demand and low supply on the world market forced up the price. The per tonne price reached VND124 million (US$5,900) today, an increase of VND4 million ($190) per tonne on the previous week’s price. Last Saturday, the price stood at VND120 million ($5,700) [...]
Viet Nam exported 20,000 tonnes of pepper in July, taking the year-to-date volume to 82,000 tonnes and earnings to US$446 million. The volume was down from the same period last year, but the turnover was higher than the full-year figure of $421 million in 2010, the Viet Nam Pepper Association said. Pepper output for this [...]
Despite the strong demand and lower arrivals, Indian Pepper futures dipped on profit selling as traders stayed away due to the premium prices of Indian pepper in the global markets. The NCDEX Pepper August delivery eased from the previous high of Rs. 29690 to Rs. 29135 per 100 kg. The contract is currently trading at [...]
Vietnam shipped abroad 78,000 tonnes of pepper in the first seven months of the year, fetching US$420 million, equal to last year’s total value. According to President of the Vietnam Pepper Association (VPA) Do Ha Nam, the two largest importers of Vietnamese pepper, the US and Germany, were followed by the Netherlands, the United Arab [...]
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