Supply Shortages and Increased Demand Heat Up Pepper Market

In the last three months, pepper prices have climbed by more than 20% as a result of limited supply and rising demand. Ungarbled pepper costs ₹620/kg in the Kochi terminal market, while garbled pepper costs ₹640/kg. These prices are an increase from ₹505 and ₹525 in March, respectively. Prices have increased due to industrial procurement, particularly from masala makers.