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Pepper growers in Kerala and Karnataka are holding back their produce following continuous fall in prices, market sources told Business Line . Spot prices fell further as more and more containers of pepper are reportedly lying at various ports /ICDs for clearance from the DRI, they said. On the terminal market, 17 tonnes were traded. Of this, one tonne of High Range pepper went for ₹430 a kg, while 16 tonnes of imported ones fetched ₹420. Spot prices were at ₹42,300 (ungarbled) and ₹44,300 (garbled) a quintal. Export prices were at $7,075 a tonne c&f for Europe and $7,325 for the US.
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