WHO PLAYS (GAMBLES) WHOM ?

Pepper - The Trigger of the Bull run
2009/08/15


The last July 30 an article was published by VietNamNet Bridge , distributed to and re-published by several specialized media, including Peppertrade Website under the original title " Vietnamese pepper exporters sell them cheap".
According many analist the publishing of this aritcle may have triggered the market rush which drove to extreme prices volatility that marked all this week.
Among other bombastic afirmations the article mentioned that VPA Board has predicted that pepper prices would reach U$ 5,000 pmt until the end of the year and suggested exporters to control the sales in order to increase the prices.

Immediately after this publication went out, the VPA board issue a note contesting the facts and the terms of such article, deniyng as false all the infomations of the said article which Peppertrade also published. Unfortunately this Contesting Note did not received the same attention from other media.

Now we got to learn the original report issued upon the meeting of the Executive Board of the VPA held for the evaluation of the first semester of 2009, futures plans and actions and other administrative issues.
The whole document is extense and some parts of it are internal administrative questions, and for that reason we publish only a part of it under the sub-title:

Forecast for the entire months of the year and some key matters