Pepper buyers stay away due to confusion over GST bl-premium-article-image

Updated - January 12, 2018 at 02:37 PM.

BL24-PEPPER.1

Sluggishness in the spot pepper market kept prices steady on Friday. North-Indian buyers stayed away from the markets as they are said to be confused over certain GST provisions, and, as a result, no trading activity is likely between June 27 and July 05, market sources told BusinessLine .

On the terminal market today 7 tonnes from Wayanad (Pulpally and Bathery) were traded at ₹490 a kg. Spot prices remained unchanged at ₹48,400 (ungarbled) and ₹50,400 (garbled) a quintal. Indian export prices were at $8,075 a tonne C&F for Europe and $8,325 a tonne C&F for the US.

Published on June 23, 2017 16:12