Monday, March 26, 2012

Business Line : Markets / Commodities : High volatility keeps pepper under uncertainty

Business Line : Markets / Commodities : High volatility keeps pepper under uncertainty: A report from overseas last weekend said “Pepper market remains indecisive. In general the trade is forecasting higher prices, which is largely based on the assumption that supply is still falling short of demand during 2012”.

It attributed this argument to “low stocks in Brazil, India's latest position as a net importer, Indonesia not being a factor of importance at least until July/August and Vietnam at best having a crop that is equal to last year”.

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