Black Pepper prices are trading steady to weak

Black Pepper prices are trading steady to weak in spot markets as continuous supply from the new crop has pressurized the prices. Buyers are also sidelined due ...

March 01, 2017 / 01:00 IST

Black Pepper prices are trading steady to weak in spot markets as continuous supply from the new crop has pressurized the prices. Buyers are also sidelined due to higher moisture content of 15-16% in the new crop. Export demand is also reported down. As per IPC 2016’s projection, global consumption for the year is 463,000 tonnes against production of 414,000 tonnes, resulting in a supply deficit of 49,000 tonnes.By: Skymetweather.com

first published: Mar 1, 2017 01:00 am

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