PEPPER

24/7/2009
PEPPER ORIGIN HAS INCREASED AND SELLERS ARE NOT AGGRESIVE AS TWO WEEKS AGO.

WE NEED MORE PEOPLE LIKE YOU TO SUPPORT THE MARKET
WERE DEMAND INACTIVE FOR PAST TWO MONTHS BUT SELLER VERY CONFIDENCE
BUYER WILL PICK UP IN THE COMING DAYS AND WILL REMAIN FOR NEXT TW0 - THREE MONTHS STOCKS NEED IT. AS WE SEEING STOCKS ARE VERY MUCH LOW.

INTERNATIONAL SCENARIO,VIETNAM HAS SOLD OUT ALMOST 60 - 70 % OF PEPPER.
INDONESIA MOVED UP BY ALMOST $ 200/MT NOW DUE TO CROP FINISH WITH LEFT
CROP LIMITED AND LOCAL CURRENCY STRENGHT AGAIN US DOLLAR.

I FEEL PEPPER PRICES LOOKS LIKE MOVING UP IN THE COMING DAYS SOON.

THANKS AND BEST REGARDS,
JAMES HADINATA