
26 Aug 2009 - Vietnam and India correct prices while more problems with the Brazil crop
While the market has certainly eased in Vietnam and India on the back of profit taking, the situation in Brazil is looking somewhat bleak. Small lots (1 mt or less) of pepper are trading from the farmers to the exporters at R$ 4.10/kg + 0.10/kg freight, 5 mt lots at 4.20 to 4.30 + 0.10/kg freight, while truck loads are trading at R$ 4.50/kg.In speaking to the exporters and some
Click here for the rest of the article