Our Sharetips Expert say, Spot black pepper quoted up Rs 200 a quintal on Friday. Black pepper un-garbled quoted at Rs 32,300 per quintal and MG-1 at Rs 33,000 a quintal.
Sharetips Expert say’s, new black pepper is arriving in Kasargod, and Kannoor except Idukki. New balck pepper quoted at Rs 31,700-32,000 a quintal. Planters from Karnataka are giving delivery at Rs 31,000 per quintal any where in India.
In the international market, Indian black pepper MG 1 is quoted at USD 6,550 per Europe and USD 6,850 per ton CNF US. However, traders from Europe are on Christmas holiday. Hence, market activities are dull. Vietnam FAQ 500 GL offered at USD 6,650 and 500 GL FOB also at USD 6,950 per ton, while, pepper double washed offered at USD 9,400 per ton.