Sunday, April 3, 2011

Commodity Trends:Soybean rebounds, chana still bearish | 03 April 2011 | www.commodityonline.com

Commodity Trends:Soybean rebounds, chana still bearish | 03 April 2011 | www.commodityonline.com: "The price of pepper at sources continued to firm up, with the exception of Sri Lanka. Significant increase was recorded in Vietnam. Fob prices of black pepper increased by 10% and reached USD 4,550 per mt for black 500g/l and 11% to USD 4,950 for 550g/l this week. In Lampung, wet weather condition which is expected to influence the upcoming crop was reported. Local prices in Lampung increased from IDR 37,000 per kg to IDR 38,500 this week. In Brazil, local price of black pepper was stable at BRL 7.75 per kg. In Dollar terms the price increased by 1%. Fob prices of Brazil's ASTA quality increased from USD 5,250 to USD 5,500 on Thursday, 31 March 2011.

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