Monday, October 20, 2008

Pepper Impervious By Turmoil In International - Oct 20, 2008

Kochi: The current financial turmoil global over does not seem to have made any affect on pepper prices in the world market. The reasons attributed to such a scenario are the tight supply position in Vietnam and India, on the one hand, and the strengthening of the Brazilian currency against the dollar, on the other. In India, already the market has displayed signs of upward swing on thin availability and good demand, as the domestic purchasers have become active including the grinding industry to cover for their requirements for the winter season.

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