As per the latest updates from the Brazilian Pepper Trade board, it might well be the festive mood or absence of buyers, whatever the reason is, the prices in Brazil as well as Vietnam slided a bit this beginning of the week.
Vietnam was quoting 500gl at U$D 3,980 and the 550gl at U$D 4,230 while Brazil was asking U$D 4,050 for 500gl and U$D 4,150 for 560gl.Nevertheless Vietnam start National holiday celebrations tomorrow until next Monday and Brazil will stop as early as Friday due to National holiday nest Tuesday, September 7Anyhow, there is always a chance to find some exporter in need of cash and no mood for holidays. On the other side there is Lampung ever present, and of course Sri Lanka. Indian MG I ASTA grade parity at $ 4400 PMT FOB Cochin.