As per market information, Black pepper send for reprocess which was seized by FSSAI from six accredited warehouses in Kerala in December last year about to release in the market may put cap on prices at higher levels.
New crop arrivals started enter to the market with small quantity. Till now, 10% percent new crop arrivals coming to the market. Arrivals will increase in coming months.
As per Agriwatch expectation pepper prices may fall to 50,000 per qtl in NCDEX spot market in coming days.
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