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Thursday, 17 February 2011
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Global pepper prices double in a year
Pepper looks like being costlier in global markets this year, with Vietnam asking almost double last year's price for its fresh stock of black pepper. It is quoting $5,000-5,050 a tonne for the ASTA grade, compared to $2,750-2,800 at the beginning of the last season. Vietnam is the world's largest producer and exporter of the spice and is expected to have a crop size of 100,000 tonnes this
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