Pepper prices expected to plummet
19 February 1999
Pepper prices expected to plummet
WORLD pepper prices could halve this year as India and Vietnam are expecting bumper crops.
The International Pepper Community has forecast that the 1999 crop will be up almost 6% to 200,000 tonnes.
The Indian Pepper and Spices Trading Association, says the extent of the fall in pepper prices will depend on how quickly farmers want to dispose of their crops.
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