Excess pepper import pulls down spot prices

Excess availability of black pepper by large import from Vietnam via Srilanka have pulled down spot prices of black pepper.

Spot prices dropped by Rs 500 a quintal to Rs 51,700 (ungarbled) and Rs 53,700 (garbled).

Also read  Indian Food Authority will check Vietnam Imported Pepper for contamination

Ungarbled – Rs 517 / Kg and Garbled – Rs 537 /Kg.

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