Spot prices goes down on arrival of Sri Lankan pepper

Spot pepper prices reduces again on import of Sri Lankan pepper.
Sources said some importers have allegedly imported Sri Lankan pepper at invoice price of $7,850 a tonne to overcome the MIP barrier of ₹500 a kg.
“It is something the DRI authorities should investigate,” market sources told to BusinessLine.
Spot prices dropped by Rs 400 a quintal to Rs 44,500 (ungarbled) and Rs 46,500 (garbled)Ungarbled – Rs 445 / Kg and Garbled – Rs 465 /Kg

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