Availability of imported pepper from Vietnam and Sri Lanka in the consuming centres across the country at ₹360-₹365 a kg has pulled down the pepper prices further on Wednesday. Similarly, pepper from Karnataka is also being moved out at ₹365 a kg delivered anywhere in India, market sources told Business Line . Sri Lankan material is being sold mainly in the south at ₹360 a kg, they said. On the terminal market 15 tonnes were traded today. Four tonnes of pepper from Pulpally and Bathery went for ₹360 a kg while four tonnes of high range material were traded at ₹380 a kg. Seven tonnes of Sri Lankan stuff was sold at ₹360 a kg. Spot prices slipped by ₹100 a quintal to close at ₹37,000 (ungarbled) and ₹39,000 (garbled) a quintal. Indian export prices were at ₹6,250 a tonne c&f for Europe and ₹6,500 a tonne c&f for the US.
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.