Black pepper, a staple spice in Indian cuisine, has seen notable price fluctuations in Bangalore’s markets. As of early April 2025, the pricing details are as follows:
Average Price: Approximately ₹66,899 per quintal (₹668.99 per kilogram) as of April 3, 2025. indianspices.com+3Kisan Deals+3Commodity Online+3
Price Range: The prices have varied, with a minimum of ₹53,000 and a maximum of ₹58,000 per quintal in recent reports. Commodity Online
Factors Influencing Price Variations:
Several elements contribute to these price changes:
Supply and Demand Dynamics: Fluctuations in local and global demand, coupled with variations in harvest yields, directly impact pricing.
Weather Conditions: Adverse weather can affect pepper cultivation, leading to reduced supply and increased prices.
Market Speculations: Trader speculations and market trends can cause sudden price shifts.Majestic Spice
Global Market Trends: As a globally traded commodity, international market movements influence local prices.
Recent Trends:
In June 2024, the global pepper market experienced a significant surge, with prices increasing by nearly 50% overnight due to constrained supply and heightened demand. Majestic Spice
Conclusion:
For consumers and businesses in Bangalore, staying informed about these price trends is crucial. Regularly consulting reliable sources and market reports can aid in making informed purchasing decisions.
Note: Prices are subject to change based on market conditions. It’s advisable to check the latest rates from trusted sources before making any transactions.