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JOJAN MALAYIL
Black pepper prices lowest in a decadeWhen the harvest of the new crop begins in December, the prices are expected to fall further.
Entry of cheap Vietnam pepper hits domestic pricesAs a result, the Indian pepper export is likely to fall from 16,840 tonnes of 2017-18.
India's pepper exports may hit a 5-year low this fiscalVietnam, which is the world's largest producer, is estimated to have produced over 2 lakh tonnes of pepper this year.
Vietnam glut hits Indian black pepper exportIndian black pepper prices are hovering around $9,000/tonne which makes exports uncompetitive.
Rain's early exit may dry out pepper outputScanty showers in Sept-Oct may cap pepper output lower than the prediction of 55,000 tonnes.
Black pepper may turn costlier due to poor harvestAs per industry estimates, this year’s crop will amount to 35,000-40,000 tonnes, a steep fall from 65,000 tonnes last year.
Exporters expect black pepper to double to 70,000 tonne with bumper output in KarnatakaBlack pepper exporters in the country hope that better output in the current harvest season will see more consignments going overseas.
Pepper prices may remain bullish on supply crunchVietnam, Brazil and Indonesia stare at a supply crunch; India’s carry over stock is limited.
Pepper exports lose bite as low supplies push up local pricesIndian pepper has lost its competitive edge in the international market with a sharp fall in supplies pushing up prices in domestic market.
Rupee fall no balm for cost-hit spices exportersA falling rupee has been of no help to spices exporters because of low availability and higher local prices of raw materials.
- Sharp fall in output hits Indian pepper exports
Exports are down by around 45% in the first quarter as Indian pepper is selling at a price higher compared to Vietnam and Indonesia varieti...
- Pepper prices increase on tight supplies
Despite the threat of a slowdown in consumption, a tight supply situation could drive up global pepper prices.
- Shortage of pepper as traders hold on to stocks
There is a shortage in the Indian pepper market as traders hold on to stocks in expectation of higher prices.
- Spice exporters eye Vietnam for a steady pepper supply
Today, Indian spice companies are launching their operations in Vietnam to ensure a steady supply of pepper.
- Pepper prices rise on local demand
Pepper prices rise due to domestic demand even as export demand is also expected to pick up.
- Pepper falls by Rs 350 a quintal
Despite low stocks and slow arrivals in the domestic market, pepper prices have fallen by over Rs 350 per quintal this week.
- Fall in price makes Indian pepper attractive overseas
Prices of pepper in domestic markets have declined by over $200 per tonne since the past month, attracting overseas buyers.
- Pepper set to turn hot as sellers hold stocks
Availability of pepper could well be an issue when demand for pepper picks up in the winter season considering that stocks have fallen to l...
- Pepper prices tad lower on lack of trigger
Pepper prices are down by over a percentage point in the domestic market with low demand as the domestic rates are higher compared with the...
- Pepper slips, but traders bank on global shortfall
With the price of pepper going down in the domestic markets compared to the higher rates prevailing in the global markets, traders reckon t...