Pepper policies consistent

Pepper policies consistent

by admin- Friday, March 13th, 2020 07:40:47 AM

Pepper prices remained steady notwithstanding a sluggish buying and selling in upcountry markets, specifically due to the financial yearend as well as coronavirus-related issues.

Normally, these months are considered as a call for duration for domestically produced pepper, however it turned into subdued. Traders attributed the decrease consumer participation to the availability of Brazilian pepper, that is particularly traded in Delhi, Jaipur, Mumbai, and Indore markets. The Brazil commodity has been added doorstep at ₹325 according to kg, whilst the Indian pepper price is soaring within the variety of ₹370-375, such as GST. Ungarbled pepper varieties realised an average rate of ₹299, at the same time as MG1 garbled changed into quoted at ₹319. The off-take was 23 tonnes.

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