Demand from the festival has begun to drive up Indian pepper prices
Published Jul 21, 2020
Tridge summary
According to The Hindu BusinessLine, the price of pepper at Kochi increased by 1 rupee to 304 USD / kg on 17/7. Traders said that consumers are increasingly buying to meet the needs of festivals such as Onam, Raksha Bandhan and Vinayaka Chathurthy which are about to take place across the country. An increase in home shopping and home-shopping businesses is also boosting demand for pepper, in addition to using the spice as medicine.
Original content
Kishor Shamji of Kishor Spices has urged farmers to act cleverly and take advantage of the new situation to prevent illegal imports from entering and keep this advantage by hoarding goods in anticipation of prices. keep rising. According to him, processors are having difficulty marketing the pepper husks and chopped pepper because of the demand from the market of small and medium masala producers (a spice powder) for Low quality seeds are high. These manufacturers are using de-oiled peppercorns and extracted pepper residues. This has resulted in high processing costs and increased balance between whole and peeled pepper. In addition, the humidity during the June-July monsoon season makes marketing more difficult. Farmers with small quantities should use appropriate measures to store products. Primary market dealers must take care of the goods to protect them from insects, cockroaches and mice. Otherwise, farmers' income will be affected, Mr. Kishore said. India's spice exports ...
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