Black pepper prices drop due to rising imports and weak demand. | (बढ़ते आयात और कमजोर मांग के कारण काली मिर्च की कीमतों में गिरावट आई है )

Main Points In Hindi (मुख्य बातें – हिंदी में)

1. काली मिर्च की कीमतों में गिरावट: बढ़ते आयात और सुस्त मांग के कारण काली मिर्च की कीमतों में पिछले दो हफ्तों में ₹17 प्रति किलोग्राम की गिरावट आई है।

2. आयातित काली मिर्च का असर: 4,422 टन आयातित काली मिर्च का भारी आवक, विशेषकर श्रीलंका, ब्राजील, वियतनाम और इंडोनेशिया से, घरेलू कीमतों को प्रभावित कर रहा है, जिससे घरेलू उत्पादों की तुलना में आयातित सामान सस्ता हो गया है।

3. उपभोक्ता उद्योग की प्रतिक्रिया: घरेलू बाजार में बहुतायत और रियायती कीमतों के कारण, उपभोक्ता उद्योग अपनी खरीदारी में कमी ला रहा है, जिसके चलते अग्रिम डिलीवरी पर खरीदारी रोकने का फैसला किया गया है।

4. भूराजनीतिक स्थिति और वियतनाम का निर्यात: विश्वव्यापी मांग में कमी, विशेषकर चीनी बाजार में, और भूराजनीतिक संघर्षों ने वियतनाम के काली मिर्च निर्यात को भी प्रभावित किया है।

5. किसानों पर प्रभाव: इंडियन पेपर एंड स्पाइस ट्रेड एसोसिएशन ने आयात नीति पर पुनर्विचार करने की गुजारिश की है, क्योंकि आयातित काली मिर्च का घरेलू बाजार पर नकारात्मक प्रभाव पड़ रहा है, जिससे भारतीय किसानों को हानि हो रही है।

Main Points In English(मुख्य बातें – अंग्रेज़ी में)

Here are the main points summarizing the article on black pepper prices:

1. Price Decline Due to Imports and Demand: The price of black pepper has dropped by ₹17 per kilogram over the past two weeks, mainly due to rising imports and sluggish domestic demand.

2. Significant Import Levels: India has seen a substantial influx of 4,422 tons of imported black pepper from various countries, with Sri Lanka being the leading exporter, followed by Brazil, Vietnam, and Indonesia. This oversupply in domestic markets has further impacted prices.

3. Comparison of Market Prices: Currently, the prices in the domestic market for black pepper vary, with certain varieties selling for ₹646 to ₹666 per kilogram, while imported varieties are approximately ₹25 lower per kilogram, affecting local producers.

4. Changing Export Dynamics: A decline in demand from China has affected Vietnam’s pepper exports, while geopolitical tensions in regions like West Asia have delayed purchasing by American and European consumers, complicating stock management for traders.

5. Call for Policy Reconsideration: The Indian Paper and Spices Trade Association has submitted a memorandum to parliament officials, urging a reassessment of import policies to mitigate adverse effects on domestic farmers.

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Complete News In Hindi(पूरी खबर – हिंदी में)

Complete News In English(पूरी खबर – अंग्रेज़ी में)

The prices of black pepper have been affected by increasing imports and sluggish demand, leading to a decline of ₹17 per kilogram over the past two weeks.

Traders in the terminal market report that a significant influx of 4,422 tons of imported black pepper from various countries has impacted domestic prices. Sri Lanka is the leading country in terms of imported goods, followed by Brazil, Vietnam, and Indonesia.

These imports have resulted in a surplus in the domestic market, which has forced consumers and businesses to hold off on purchasing due to fears of further price drops. Some industry buyers have indicated that they are buying at discounted prices (without bearing costs) for advance deliveries in October and November.

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### Geopolitical Situation

Kishore Shamji, director of the Indian Paper and Spices Trade Association, mentioned that the prices of black pepper in the domestic market are ₹646 for ungarbled varieties and ₹666 for garbled ones. In contrast, the price for 500 GL is ₹636. Despite the festive season beginning in northern Indian markets, there has still been a decline in demand due to the availability of cheaper imported goods, which are ₹25 per kilogram lower than domestically produced varieties.

Decreased demand in China is also affecting exports from Vietnam, which typically exports around 60,000 tons per year. Shamji noted that the current situation in China has allowed Vietnamese black pepper to gain a foothold in the Indian domestic market. However, due to wartime conditions in the Middle East, purchases by American and European consumers have been delayed, encouraging traders to stock up.

According to Shamji, the Indian Paper and Spice Traders, Growers, and Planters Consortium has submitted a memorandum to Member of Parliament Aparajita Sarangi from the Bhubaneswar constituency, highlighting the impact of imported black pepper on the domestic market. The association has also urged the Directorate General of Foreign Trade (DGFT) to reconsider import policies for the benefit of Indian farmers, stressing that the influx of imported black pepper is harming local farmers.



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