Daily Review-Black Pepper

13-Jun-2024 07:15 PM

Black Pepper- Black pepper prices may fall due to profit booking

New Delhi. Today, black pepper prices remained stable. Sources say that due to recent price rise of about 80/100 rupees per kg, there is no buying of black pepper.

It is expected that profit booking and selling may come in the market due to increased prices. Due to which, the price of black pepper is likely to fall by 20/20 rupees soon.

In the international market also, the price of Vietnamese black pepper has remained stable at 7800/8000 rupees in the last 2/3 days.

Due to no demand of black pepper in Indian markets today, the prices remained suppressed at their previous level. However, a major decline in prices is not possible. Once the prices fall, the prices will improve again.