Commodities

Pepper imported by EOUs, a cause for concern

V Sajeev Kumar Kochi | Updated on June 16, 2020 Published on June 16, 2020

File photo   -  K_MURALI_KUMAR

Voicing concern over the slippage of EOU-imported pepper into the domestic market, the pepper farming community has urged the government to strictly monitor such shipments imported for re-exports.

According to Kishore Shamji of Kishor Spices, there are reports on the availability of bolder berries of 5 mm Vietnam pepper (domestically called 12 nos and 13 nos) imported for re-exports by export-oriented units (EOUs) and marketed in Bihar, Jharkhand, Delhi, and Mumbai at the cost of Wayanad and Karnataka farmers. As international pepper prices are showing a firm trend, the farming community also expressed anxiety over the arrival of more Sri Lankan pepper under SAFTA at MIP of ₹500 per kg by paying interest duty at 8 per cent, which would come at a landed cost of ₹540. But importers are offering the commodity at ₹300 per kg for full container load and small lots at ₹320 in the consuming markets.

Meanwhile, spot prices in Kochi remained steady at ₹315/kg for ungarbled with an off-take of 28 tonnes.

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Published on June 16, 2020
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