Pepper, jeera down on subdued demand

Black pepper and jeera prices fell by Rs 100 per quintal each in the national capital today due to slowdown in demand at prevailing higher levels.

Increased arrivals from producing belts also put pressure on the prices.

Black pepper prices declined by Rs 100 to conclude at Rs 16,700-16,800 per quintal on fresh selling by stockists.

Jeera common and jeera best quality also traded lower by Rs 100 to settle at  Rs 11,900-12,300 and Rs 13,300-13,800 per quintal.

Marketmen said reduced offtake by local parties and stockists at last levels, led to a fall in pepper and jeera prices on the wholesale kirana market here.

Following are today's quotations (per quintal):

Ajwain 12,500-15,500, black pepper common 16,700-16,800, betelnut (kg) 85-105, cardamom brown -Jhundiwali (kg) 780-800 and cardamom brown -Kanchicut (kg) 890-990.

Cardamom small (kg): Chitridar 1200-1,370, cardamom (colour robin) 1,560-1,580, cardamom bold 1,585-1,600, cardamom extra (bold) 1,700-1,720 and cloves (kg) 310-390.