INDIAN spice dealers have already forecast higher prices for a number of key spices in 2011 due to strong demand and, in certain instances, adverse weather as well. Normal to marginally lower production has been predicted for pepper. After hovering around Rs140 ($3.07) per kg, prices shot above Rs200 per kg towards the end of the year. "The same trend could prevail in 2011. After softening, the prices could firm up in the latter part of the year as we expect a balance between supply and demand,'' said Ajay Mariwala, managing director of Vallabhdas Kanji... Read More