Erratic weather, labour issues hit pepper output

 ipc  15/04/2012  1353
Pepper prices have witnessed long liquidation after touching historic high of Rs 43,485 per quintal in February, thereafter, tracking weakness in the spot market due to rising fresh arrivals and anticipating of new arrivals in Vietnam from mid March. Prices rose in February owing to lower output in the domestic market and limited global availability pending fresh arrivals from Vietnam.