INTERNATIONAL pepper trading has been sluggish of late largely because global buyers have been deterred by major fluctuations in prices from Vietnam.
This month Vietnamese black pepper of 500gpl and fair, average quality, had reached nearly $6,000 a tonne fob. There had then been major downward corrections to a range of $5,000 to $5,100 a tonne before a more recent recovery to between $5,400 and $5,500 a tonne...READ MORE