Shortage causes surge in price of pepper

GLOBAL white pepper of fair average quality as rising to spot prices of $2,850 a tonne from $2,800 a tonne a week earlier and to shipment levels of $2,800 a tonne cif against $2,700 a tonne earlier. Vietnamese white pepper also strengthened, being indicated at $2,425 a tonne cif against $2,400 a tonne previously…READ MORE

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