Commodities

Sellers stay away from pepper as price fall continues

GK Nair Kochi | Updated on January 12, 2018 Published on January 12, 2018






The pepper sellers stayed away from the market following persistent fall in the prices of late, trade sources told Business Line. Buyers were quoting ₹425 a kg for high range pepper and the sellers were reluctant, they said. On the terminal market 16 tonnes from Wayanad, high ranges and the plains arrived and that were traded at ₹420,₹430 and ₹425 respectively. Spot prices fell further by ₹200 a quintal to close at ₹41,900 (ungarbled) and ₹43,900 (garbled) a quintal. Indian export prices were at $7,100 a tonne c&f for Europe and $7,350 a tonne c&f for the US.

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Published on January 12, 2018
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