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AGRI-BUSINESS: Pepper market to turn hot on tight availability.

Business Line

| July 12, 2010 | COPYRIGHT 1999 Kasturi & Sons Ltd. (Hide copyright information)Copyright

from BUSINESS LINE, July 12, 2010 Kochi, July 11 - The pepper market might move up on a tight supply position, till the new crop hits the market in Indonesia late this month/early next month and Brazil in September/October, and comparatively thin carryover stocks in all these origins.

At the same time, the production is also projected to be less in 2010 and hence there is likely disequilibrium in demand and supply.

However, such a scenario would emerge only if the projections and estimates of various agencies about the output, availability etc, turned out to be true. Such apprehensions have cropped up as past experiences have taught the market not to trust these …

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