Black pepper slips on heavy arrival

Black pepper spot prices slips further on Monday due to heavy arrival of pepper in terminal market after sellers started selling stocks on fear of further price plunge.

Prices dropped further by Rs 400 a quintal to Rs 47,400 (Ungarbled) and Rs 49,400 (Garbled).

Ungarbled – Rs 474/Kg and Garbled – Rs 494/Kg