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Pepper importers are reported to have imported 1,300 tonnes of pepper from Sri Lanka in recent weeks using the South Asian Free Trade Agreement route.
According to the trade, it has been registered with the DGFT and a Mumbai-based trader has imported 800 tonnes. As usual, no activities were reported from the national exchange while some day trading continued to take place on the IPSTA platform on Friday.
On the spot, 11 tonnes of pepper arrived from the high ranges and were traded at ₹730, 732 and 735 a kg. Spot prices remained unchanged at ₹71,500 for ungarbled and ₹74,500 for garbled a quintal. Export prices were at $12,800 (c&f) for Europe and $13,050 a tonne (c&f) for the US.
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