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LOWER GLOBAL PRODUCTION DUE TO ADVERSE CLIMATE LIKELY TO PUSH BLACK PEPPER PRICES UP - vyaparsampark.com
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Black pepper global production in ongoing current season in anticipated to further drop due to adverse climate effect in major producing countries. Lower global production likely to drive prices up in Vietnam, after lunor new year, harvest of black pepper in full sowing and output quantity picture will be available and if production remains signifi cantly lower prices likely to increase further. Increase of price in global market likely to effect domestic pepper prices in India. Vietnamese Pepper prices will have better influence on global pepper market.