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Pepper cracks on selling pressure

Pepper cracks on selling pressure

February 09, 2018

 

Heavy selling pressure from those imported Vietnam/Sri Lankan pepper at 390/kg dragged down spot prices by 600 a quintal to 40,200 (ungarbled) and 42,200 (garbled). On the terminal market, 31 tonnes were traded. High Range pepper went for 410 a kg, while Pulpally/Bathery pepper was sold at 400. Export prices were at $6,675 a tonne c&f for Europe and $6,925 for the US.

 

Source:http://www.thehindubusinessline.com/

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