Pepper prices ruled steady as demand matched supply. Direct buying from the doorsteps of growers/primary market dealers in Idukki district on cash-and-carry basis has thinned the arrivals at the terminal market today.
Only 15 tonnes of pepper arrived and that were traded at ₹600-610 a kg. Meanwhile, re-processors were running around to cover. Contrary to expectations the market has become firmer pushing the prices up. On the terminal market, spot prices remained steady at ₹62,000 (ungarbled) and ₹65,000 (garbled) a quintal. Export prices were at $10,800 a tonne c&f prompt shipments.
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.