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Black pepper prices stay firm in India
Black pepper prices in India remain firm as farmers and stockists hold back supplies in Kerala and Karnataka. This has increased domestic mandi prices through late October, supported by festive demand and restocking by processors.
In Vietnam, FOB quotes for black pepper show slight softening from mid-October levels. Indian black pepper 500 g/l, clean is quoted around EUR 6.00/kg FOB New Delhi, with organic varieties at higher prices. Domestic spice markets in India are tight, with limited availability and strong demand continuing to support prices.
Source: CMB News
