New crop arrivals pound pepper

Heavy arrivals from all the growing regions have pulled down pepper prices further. On the terminal market, 68 tonnes were traded at ₹570-595 a kg. Spot prices dropped close to ₹57,800 (ungarbled) and ₹60,800 (garbled) a quintal. Export prices were at $9,625 a tonne for Europe and &9,875 a tonne c&f for the US. GK Nair