Cloves – Cinnamon – Nutmeg Indonesia Indonesian spice exporters have been struggling lately due to low stocks, high costs and low profits and have little hope of recovering before the end of the 2021 season. Due to increased uncertainty around market demand, as well as logistics challenges, Indonesia’s spice export Read more…
Black Pepper Black pepper prices in Vietnam have risen by more than $100 per metric tonne, and stocks are running out. We estimate that Vietnam will still export 45,000–50,000 Mt of black pepper when the new crop is harvested in March 2022. The harvest in Espiritu Santo, Brazil, is in Read more…
Black Pepper High demand and falling production may push the price of black pepper to rise. The wholesale price of black pepper in the Indonesian market has increased since entering the end of the 1st quarter of 2021. The price rose from 3.06 USD/KG in March 2021 to 4.15 USD/KG Read more…
Black Pepper Due to low demand and limited cash flow of dealers / exporters, pepper prices in Vietnam had a chance for a correction at the start of this week. However, due to high demand for pepper from the United States, the European Union, and the Middle East, prices began Read more…
Thyme By the end of 2020, thyme will have contributed around 1 billion TL to Turkey’s GDP. According to the data, there are 55 thousand tons of useable thyme in a forest area of 340 thousand hectares, which have provided 69 million dollars in foreign cash inflow against an export Read more…