Pepper rises on weak arrivals

Pepper futures edged higher on expectation of production deficit since the arrivals are reaching in small quantities and the delay in arrivals had further reinforced such a view.
According to grower’s opinion, higher prices in pepper had not encouraged the farmers to increase the area under cultivation due to shortage of labour as well as higher return from other cash crop like rubber.
Arrivals in the Spot market had not reached as per expectation and prices traded near Rs 22300 per quintal.
As per industry sources, Brazilian harvest is almost over and the output is estimated to less by 10 percent.
According latest updates, Vietnam arrivals will start reaching the market from second half of February onwards. More clarity on stock position in major producing countries market will available in near future.

(Source: http://www.commodityonline.com/futures-trading/tradingtips/Pepper-rises-on-weak-arrivals-11267.html)