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Indian pepper prices face import competition
Indian pepper prices face pressure from Sri Lankan, Vietnamese and Indonesian imports as new crop supplies approach. FOB prices in Vietnam and India are similar for some grades, but lower-priced imports are affecting domestic markets.
Indian traders are focused on imported supplies as Sri Lanka, Vietnam and Indonesia shape the landed cost into India. International exporters are preparing for new crop supplies, and Indian buyers are choosing carefully based on quality and origin.
Source: CMB News
