Monday, July 25, 2011

PEPPERTRADE REPORTS, ARTICLES and NEWS

PEPPERTRADE REPORTS, ARTICLES and NEWS: "Pepper prices likely to stay steady and range-bound despite arrival of two new crops, due to robust demand. Currently, Vietnam is the only seller in the market with sufficient stocks but carry-over stocks with Indonesia and Brazil are reported to be low. Availability is low in the Indian market and prices are currently at a premium to other sellers.
“The market is unlikely to go down. It would remain steady for the near-term and then move up in the later half of the year. Vietnam is the only player in the market and they are not in a hurry to sell,”

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