Hundreds of pepper containers are lying at various ports and ICDs in the country waiting for DRI clearance, trade sources told Business Line .

Pepper from the plains and imported material was being traded at ₹420 a kg while high range stuff was fetching ₹430-435 a kg.

After Divali the winter demand has started and the country requires around 5,000 tonnes of pepper a month now, they said.

Spot prices slipped by ₹100 a quintal to close at ₹42,200 (ungarbled) and ₹44,200 (garbled) a quintal.

On the terminal market 15 tonnes of pepper from the plains, imported and from high ranges were traded at₹420-435 a kg.

Indian export prices were at $7,025 a tonne c&f for Europe and $7,275 a tonne c&f for the US.

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