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Black Pepper News - Increased Supply Put Cap on Pepper Prices
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Increased Supply Put Cap on Pepper Prices

Steady to weak sentiment was witnessed in the Black Pepper spot market during last week. Black Pepper supply rose by 76.95% last week and as compared to last year same period rose by 86.64% as stockists were releasing their stocks as prices were higher compared to last year. As on 30th April 2022, black pepper prices were at INR 53,100 per quintal down by INR 300 per quintal from last week. Last year same period it was INR 39,200 per quintal
 
Black Pepper Spot Price Outlook (Kochi, Garbled)
 
AgriWatch expects buyers likely to be active from lower price levels as India's pepper production is estimated to be lower. Black Pepper (Garbled) likely to trade in a range between INR 52,700 – 53,800 per quintal for next week.