Industry concerned over increase in cheaper Sri Lanka pepper imports
Posted on September 23rd, 2019

By PK Krishnakumar Courtesy The Economic Times

This happened at a time when pepper prices in Sri Lanka crashed to $2,800 from $3,800 per tonne, while the MIP in India was $7,000 per tonne (Rs 500 per kg). 

ndia’s spice industry has raised concerns over increase in black pepper imports from Sri Lanka since August despite local prices in the neighbouring country falling below the minimum import price (MIP) fixed by the Indian government. 

According to the Kerala chapter of the Indian Pepper and Spice Traders, Growers, Planters Consortium, large volumes of Sri Lankan pepper started arriving from August. This happened at a time when pepper prices in Sri Lanka crashed to $2,800 from $3,800 per  .. 

Read more at:
//economictimes.indiatimes.com/articleshow/71254109.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

Leave a Reply

You must be logged in to post a comment.

 

 


Copyright © 2020 LankaWeb.com. All Rights Reserved. Powered by Wordpress