Second Covid wave affects spices trade in Kerala, pepper loses steam
April 21, 2021
Cardamom witnessed a decline of ₹400 per kg Kerala’s spices trade – especially pepper and cardamom – has started bearing the brunt of the second Covid-19 wave with reported decline in prices for both the commodities following a subdued upcountry demand.
Pepper prices dropped by ₹8 per kg in the last three days with the average price falling to ₹384, while cardamom witnessed a decline of ₹400 with rates reaching ₹1,100 from ₹1,500 a fortnight ago. This is one of the lowest prices, raising a concern among cardamom trade on the possibility of a further drop.
Pepper prices gain on demand revival, Campco purchase
March 11, 2021
× Pepper prices have firmed up by ₹20 per kg for all varieties in the last three weeks, mainly on domestic demand ahead of the
Holi festival and revival of industrial offtake.
The pepper procurement by The Campco Ltd, Mangaluru,cocoa from farmers in Kerala s Idukki and Kottayam districts has also aided the uptrend.
The rise in prices, currently hovering around ₹335-340 a kg, has cheered up the farming community. Holi will be celebrated on March 28.
Industrial demand has revived as economic activities have resumed with restrictions imposed to curb the spread of novel Coronavirus (Covid-19) pandemic being relaxed.