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The spot pepper prices continued to slip on Monday on quality woes. On the terminal market 20 tonnes arrived mainly from the high ranges and the the plains of Pathanamthitta .
They were traded at prices ranging between ₹690 and ₹705 a kg . Karnataka was offering its produce at ₹700 in Cochin but there were no takers, they said. Spot prices fell by ₹200 a quintal to close at ₹61,800 (ungarbled) and ₹71,800 (garbled) a quintal. June, July and August contracts on the IPSTA remained unchanged at ₹71,000, ₹70,000 and ₹69,000 a quintal. Indian export prices were at around $11,000 a tonne c&f for Europe and $11,300 a tonne c&f for US.
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