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Poor quality and slack demand has pulled down the pepper prices further .
Due to rains in the growing areas, the moisture content has increased to 13.5 per cent.
Sri Lanka is likely to offer $5,000 a tonne after Vietnam raised its prices, which has also slowed down buying, they said. On the terminal market, 12 tonnes were traded at ₹495-505 a kg. Spot prices fell by ₹300 a quintal to close at ₹49,400 (ungarbled) and ₹51,400 (garbled). Indian export prices were at $8,250 a tonne c&f for Europe and $8,500 a tonne c&f for the US.
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