Comments
Selling pressure is building up in pepper market as harvest is on full swing in Kerala and Karnataka. This phenomenon, coupled with continued supply of Sri Lankan pepper in good volumes, has pounded the spot pepper prices further down on Wednesday.
On the terminal market, 33 tonnes were traded. Of this, 15 tonnes of Sri Lankan pepper fetched ₹405 a kg and 18 tonnes of High Range and pepper from the plains were traded at ₹410. Spot prices fell further by ₹300 a quintal to ₹40,800 (ungarbled) and ₹42,800 (garbled). Export prices were at $6,925 tonne c&f for Europe and $7,175 for the US.
Comments
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.