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Trading activities were very limited in the pepper market on Tuesday on Christmas eve.
The Kochi pepper rate remained steady with an average price realisation of ₹334 per kg for ungarbled varieties. The quantity traded was 19 tonnes. MG1 garbled varieties garnered a price tag of ₹354 per kg, while the new pepper quoted at ₹319 per kg.
A mix of pepper varieties of Coorg, Wayanad and High range traded today as well as imported one with lower bulk density, marketed as Coorg pepper. The sellers of imported pepper wanted to hide their identity, said Kishore Shamji of Kishor Spices.
The upcountry demand was seen on a slower pace, though it got back to normalcy later. The consuming market dealers reported limited activity and therefore, buying was slow. However, those who have committed earlier to end users, purchased to fulfil their contracts.
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