The amount of pepper traded is still small

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TFlavoring pepper at Kochi, tamphitheater deal pepper India's main agenda continues to take place in the ceiling. On Thursday, only 6 tons of pepper were consumed deal, according to the news Business Line.

Check the quality of pepper in Kochi pepper market – India

The main reason is that prices have not been agreed yet. There is still a big price gap between buyers and sellers.

Pepper of Wayanad district, Kerala state was offered at Rs 330 / kg while farmers wanted to sell for Rs 335 / kg. Similar to Idukki pepper, the price offered at Rs 335 per kg but the seller wanted Rs 340 per kg. As a result, the market recorded a limited number of pepper being traded.

Moreover, consumer markets report that buying imported pepper and pepper in Karnataka state is cheaper.

Mr. Kishore Shamji, owner of Kochi-based Kishor Spices, said that the amount of pepper imported from Sri Lanka with the minimum import price (MIP) of Rs 500 per kg has not decreased even though there were some opposing opinion. This has caused concern in the farming community.

Almost all representatives of the elected industry in Parliament have raised this issue, but so far no results, he stressed.

According to the Indian Pepper and Spices Trade Association (IPSTA), pepper traded at Kochi market is priced at 333 Ripi / kg of shovel, Rs 350 / kg of pre-processed MG1 pepper and Rs 318 / kg of pepper. new.

* According to a report of the General Department of Vietnam Customs, exports in the first half of November 2019 reached 7,903 tons of pepper of all kinds, with a turnover of US $ 18.36 million, down 25% in volume and down 0.94%. in value compared to the same period last year. The average export price in the period reached US $ 2,323 / ton, down 3.77% compared to the average export price in October 2019. In the first 10.5 months of 2019, Vietnam has exported 258,133 tons of pepper of all kinds.

*Exchange rate: 1 USD = 71.5478 Rupees.

Source English (giacaphe.vn)

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