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Kochi Pepper Auction Explained: Historic Benchmark

Kochi in Kerala is the historic auction benchmark for black pepper and cardamom, home of the MG1 and TGEB grades.

EU border check rate, Indian black pepper
50% (Salmonella)
Reg. (EU) 2019/1793 — temporary increase of official controls

Kochi at a glance (verified)

The table sets out Kochi's role and the pepper grades associated with it. Bulk density is the spec that separates the grades.

Kochi pepper auction key facts and grades. Source: Spices Board of India.
Fact / gradeDetail
LocationKochi, Kerala
StandingHistoric black-pepper and cardamom auction benchmark
MG1 (Malabar Garbled)~500-550 g/l bulk density
TGEB (Tellicherry Garbled Extra Bold)550+ g/l bulk density

Why the benchmark matters

  • History: Kochi has long been the reference auction for pepper and cardamom, so its clearing prices shape contract talk.
  • Grades: MG1 is the standard garbled export grade; TGEB is a bolder, denser selection at 550+ g/l.
  • Compliance overlay: Indian black pepper sits at a 50% Salmonella check rate at the EU border under Reg. (EU) 2019/1793, so microbiological control travels with every lot.

Frequently asked

What is Kochi known for in the spice trade?

Kochi in Kerala is the historic auction benchmark for black pepper and cardamom, and the reference point for grades like MG1 and TGEB.

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What this page does not tell you

Kochi daily auction prices
The daily auction price series and volumes at Kochi are not in our sourced dataset.
Spot vs terminal pricing
Any relationship between Kochi spot and futures/terminal pricing is not covered by our sources.

Reviewed 16 July 2026.

Sources

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