Saturday, 30 April 2011
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Weekly Spices Wrap Up: Pepper Continues To Win The Game On Strong Fundamentals
Pepper continued the uptrend on strong demand amid tight supplies in the domestic and global markets. Reports of Vietnam not selling aggressively supported the uptrend in the prices. Indian pepper MG-1 quoted at $6,500-6,800 and Vietnam 500 GL surged to $ 5,900 per tonne. The spot pepper prices touched new high in India. Malaysian white pepper prices had enjoyed a good run and surged by about 27%
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