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Availability of imported pepper in consuming and producing areas at ₹430 a kg coupled with continued withdrawal of sellers has pushed up the spot prices further on Monday.
On the terminal market, 17 tonnes were traded at ₹435-440 a kg. Harvesting of new pepper is expected to start in a fortnight, trade sources said.
Spot prices increased by ₹400 a quintal to ₹42,100 (ungarbled) and ₹44,100 (garbled). Export prices are at $7,425 a tonne c&f for Europe and $7,675 for the US.
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