Pepper tumbles on international market

Pepper futures edged lower since the recovery rally strength got diluted due to the lack of fresh triggers in the counter.
Market participants are waiting for more cues from India and Vietnam. Vietnam arrivals are expected to reach the market from mid of February onwards. Spot prices remained steady and traded near Rs 21500 per quintal.
Arrival continued to reach in small quantities. According to grower’s opinion, many farmer’s likely to stock this year’s stock since they liquidated earlier stocks due to persistent higher prices.
Acute labour shortage is also another reason for delay in arrivals. More clarity about Indian pepper output can only be derived when pepper  from hilly areas starts reaching the market. And pepper from hilly areas in kerala starts reaching the market from March onwards.

(Source: http://www.commodityonline.com/futures-trading/tradingtips/Pepper-tumbles-on-international-market-11471.html)