Black pepper continues its downward trend

Black pepper spot prices continues its downward trend due to excessive avaialable of stocks through imports.

According to BusinessLine report – In Kochi market,52 tonnes were traded and of this 20 tonnes were imported pepper which sold at ₹495 a kg.

Spot prices dropped by Rs 200 a quintal to Rs 49,600 (ungarbled) and Rs 51,600 (garbled).

Ungarbled – Rs 496 / Kg and Garbled – Rs 516 /Kg.