Black pepper continue to drop

Black Pepper spot prices in Kochi market on Tuesday continue to slide due to poor demand.Buyers were skeptical about prices that prices may come down further in coming days on high availabity of pepper.

Spot prices dropped by Rs 100 a quintal to Rs 58,000 (ungarbled) and  Rs 61,000 (garbled).
Ungarbled – Rs 580 /Kg and Garbled – Rs 610 /Kg.