Despite a peak demand period, the operations of spices industry in many upcountry markets have been hit in the wake of a labour shortage.
Though the industry has to work in full swing prior to the onset of monsoon, their presence in the red zone area coupled with the departure of labour has affected the functioning of many spices industries especially in Maharashtra, Madhya Pradesh, Rajasthan, Delhi.
This has resulted in a limited buying of pepper especially from big end-users, said Kishore Shamji of Kishor Spices.
Meanwhile, pepper prices in Kochi was down by ₹1 per kg on Tuesday, quoting ₹309 for ungarbled varieties due to increased arrivals at 24 tonnes.
MG1 garbled went for ₹329, while new pepper realised ₹299.
Farmers appeared to be on a selling mode to meet their financial needs to clear the outstanding dues of agriculture loans.
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.