We regret to inform that we were facing problems with our servers last days and thus we couldnt upload and update the PEPPERTRADE web site.
Apparently the problems are being solved and hopefully by the end of the week we will be ok again
PEPPERTRADE EDITOR
Thursday, October 22, 2009
Friday, October 16, 2009
NATIONAL EXPORT AWARD WINNER IN SPICES
AWARD WINNER FOR HIGHEST DRY GINGER EXPORT FROM INDIA
NANJI TOPANBHAI & CO.,
EXPORT HOUSE RECOGNISED BY GOVT OF INDIA
BAZAR ROAD, COCHIN - 2, KERALA, INDIA.
PHONE : 91 - 484 - 2224180 FAX : 2223180,
GRAMS : LONGLIFE,EMAIL ADDRESS : nanjee@md2.vsnl.net.
Light up your life!!!!!!!!
- With Gleam Of The DIYA
- And The Echo Of The CHANTS
- May Happiness and Contentment Fill Your Life
- " WISHING YOU AND ALL YOUR FAMILY MEMBERS
- A VERY HAPPY AND PROSPEROUS DIWALI "
PARS RAM BROTHERS (PTE) LTD
Global Trader in Commodities and Produce
101 Cecil Street #24-06/#24-07
Tong Eng Building Singapore 069533
TEL : 62209395 62209396 62243070 63245373
FAX : 62259683 62271206 62217357 62213648
E-mail: parsram@parsrambrothers.com or
parsram@starhub.net.sg, parsram@singnet.com.sg
parsrambrothers@gmail.com or parsramsingapore@gmail.com
Website : www.parsrambrothers.com
Dear Sirs,
There's always something warm and bright,
about this time of the year,
when everything has a special glow,
and hearts are full of cheer,
that's why,
this special greeting comes your way,
to wish you all life's best on
Diwali and in the coming new year too.
It is most appropriate to extend our heartfelt thanks
for your kind cooperation & generous patronage
We promise still better services & hope our relation will continue to grow manifolds
Again, our sincere thanks
WISHING YOU A FABULOUS & PROSPEROUS DIWALI!
BEST WISHES
Yogesh Mehta & Mihir Mehta
Thursday, October 08, 2009
Re: Bullish Trend
Dear Editor
No doubt the trend is bullish if we look at the fundamentals but severe cheating on carryover stocks and production figures from both Vietnam and Indonesia has completely shattered the calculation of traditional pepper traders who were taking views on production figures/carry over stocks . In the IPC meeting in Hochiminh Vietnam came our with a production figure of 85000 mt later revised to 95000 as exports kept increasing and the latest revision was during first week September putting the figure at 105000 and now that exports in the first 9 months are over 110000 mt and 3 more months to go we will be seeing further revisions as they themselves don’t know whats their crop and carryover stocks. Indonesians know all these but don’t share with the rest of the pepper community obviously for their own reasons. Recent Typhoon and earthquakes in Vietnam and Indonesia had made no impact in these countries pricing but we have seen a spur in Indian Pepper exchange but not in the available spot material which hardly has many takers . It was surprising to see speculators prepared to buy 145 per kg oct mg-1 deliveries but not willing to buy farmgate pepper @ inr 140/141/kg levels. So its evident that its more of speculative buying rather than actual demand buying. USA grinders seem to be covered for oct/nov/dec shipments and now what we will be seeing only fill up demands. According to our sources if the market does not pick up in the month of October then the next action can be seen only in mid January when industrial buyers are back after Christmas and newyear holidays.Markets are likely to remain range bound as currency in major producing countries are getting stronger day by day and prices in usd terms are creeping high although on cansee sporadic sales at discounted levels from Cash struck exporters
Cheers
Jeenifer La Rive
No doubt the trend is bullish if we look at the fundamentals but severe cheating on carryover stocks and production figures from both Vietnam and Indonesia has completely shattered the calculation of traditional pepper traders who were taking views on production figures/carry over stocks . In the IPC meeting in Hochiminh Vietnam came our with a production figure of 85000 mt later revised to 95000 as exports kept increasing and the latest revision was during first week September putting the figure at 105000 and now that exports in the first 9 months are over 110000 mt and 3 more months to go we will be seeing further revisions as they themselves don’t know whats their crop and carryover stocks. Indonesians know all these but don’t share with the rest of the pepper community obviously for their own reasons. Recent Typhoon and earthquakes in Vietnam and Indonesia had made no impact in these countries pricing but we have seen a spur in Indian Pepper exchange but not in the available spot material which hardly has many takers . It was surprising to see speculators prepared to buy 145 per kg oct mg-1 deliveries but not willing to buy farmgate pepper @ inr 140/141/kg levels. So its evident that its more of speculative buying rather than actual demand buying. USA grinders seem to be covered for oct/nov/dec shipments and now what we will be seeing only fill up demands. According to our sources if the market does not pick up in the month of October then the next action can be seen only in mid January when industrial buyers are back after Christmas and newyear holidays.Markets are likely to remain range bound as currency in major producing countries are getting stronger day by day and prices in usd terms are creeping high although on cansee sporadic sales at discounted levels from Cash struck exporters
Cheers
Jeenifer La Rive
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