Monday, December 11, 2023

Quick highlight spices market update 11th December 2023 – Week 49.

 

 


The price of pepper has increased by 4% compared to last week. This means that the price of black pepper has increased by 14.5% since the beginning of November, despite the fact that the largest consumer of Vietnamese pepper, China, has not made any purchases for over a month. The main reason is the dwindling stock levels in the last months of the year, while the main harvest of 2024 is still over 2 months away.





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