Pepper prices stay steady due to selling pressure

Black pepper spot prices stay steady at all Kochi markets on Thursday due to impact of selling pressure created by reports of huge carry forward stocks in major pepper growing countries such as Vietnam and Malaysia.

Limited arrivals was witnessed in market. Only 5 tonnes of pepper were on offer today.

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Spot prices unchanged at Rs 31,900 (ungarbled) and Rs 33,900 (garbled).

Ungarbled – Rs 319/Kg and Garbled – Rs 339/Kg,New – Rs 304/Kg.