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BLACK PEPPER PRICES WEAK IN DOMESTIC MARKETS OF INDIA ON HIGHER SUPPLY - vyaparsampark.com
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Black pepper prices have been decreased by Rs.15-20 in recent weeks in India’s domestic markets. Due to new crop harvest season and supply from imported pepper price have come down. Supply in the domestic markets have been increased from new crop arrivals as well as imported pepper availability at cheaper prices. Price likely to increase again when supply declines. Due to lower production in almost all producing countries including India. Supply is expected to be lower during this year 2024. If supply is lower than demand prices will increase. Inventories from 2023 in global market are also at lower level.