Sri Lankan pepper aids price fall

GK Nair Kochi | Updated on January 16, 2018 Published on January 16, 2018


Importing Sri Lankan pepper and selling it cheap even after the imposition of MIP of ₹500 a kg have pulled down the spot prices further on Tuesday. On the terminal market, 31 tonnes of pepper arrived and of these 16 tonnes of imported Sri Lankan pepper were traded today at ₹410 a kg. Seven tonnes from Pulpally and Bathery went for ₹412, while eight tonnes from the High Ranges fetched ₹515. Spot prices fell further by ₹200 a quintal to ₹41,100 (ungarbled) and ₹43,100 (garbled). Export prices were at $6,975 a tonne c&f Europe and $7,225 for the US.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on January 16, 2018
This article is closed for comments.
Please Email the Editor