Black pepper reduces on weak overseas prices

Black pepper spot prices reduces on monday due to weak prices in international markets.

Business Line reported stronger rupee coupled with fall in prices in other origins will accelerate imports further through .

Spot prices dropped by Rs 200 a quintal to Rs 39,800 (ungarbled) and Rs 41,800 (garbled).

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Ungarbled – Rs 398 / Kg and Garbled – Rs 418 /Kg.