Pepper prices witnessed an unexpected surge today, catching traders, retailers, and consumers by surprise. The sudden rise in rates has sparked concern across spice markets, especially among bulk buyers and export traders.
Read MoreThis trend is further supported by the expansion of online retail and premium food segments across Asia-Pacific. However, the industry also faces challenges. Southeast Asia remains heavily dependent on raw cashew imports from Africa, making it vulnerable to supply chain disruptions and rising logistics costs. Recent reports indicate that higher shipping costs and geopolitical tensions could impact export margins in 2026.
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