High availability and Low demand pounds pepper

Black Pepper Spot prices drops on Wednesday on low demand due to increased availability of Vietnam pepper arrived via Sri Lanka.

Spot prices dropped by Rs 200 a quintal to Rs 49,400 (ungarbled) and Rs 51,400 (garbled).

Also read  Black pepper prices fall on bulk import

Ungarbled – Rs 494 / Kg and Garbled – Rs 514 /Kg.

Read previous post:
Monsoon reaches Srilanka:May hit Kerala before May 30

According to today's afternoon update by Srilankan Met Department The South-West monsoon conditions are establishing over the island and surrounding