Business Daily from THE HINDU group of publications
Wednesday, Jul 19, 2006
Business Daily from THE HINDU group of publications Wednesday, Jul 19, 2006 |
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Agri-Biz & Commodities
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Spices & Condiments Mixed trend in pepper futures G.K. Nair
Kochi , July 18 Pepper futures market witnessed a mixed trend on Tuesday with some of the positions sliding marginally. July contract on NCDEX moved up by Rs 60 a quintal to close at Rs 7,932 from Rs 7,872 on Monday, while on NMCE it dropped by Rs 3 to close at Rs 8,025 from Rs 8,028. On NCDEX, September and November contracts increased by Rs 3 and Rs 4 respectively, while other positions dropped by Rs 6 to Rs 22 a quintal. On NMCE, October, November and January contracts increased by Rs 17, Rs 85 and Rs 13 respectively, while September and December declined by Rs 4 and Rs 43 a quintal respectively. The total turnover on NCDEX increased by 2,468 tonnes to 11,819 tonnes from 9,351 tonnes. On NMCE, it went up by 174 tonnes to 1,696 tonnes.
Open interest
Total open interest on NCDEX was 18,638 tonnes against 18,535 tonnes, while on NMCE it was 3,044 tonnes compared with 2,926 tonnes on Monday. Spot prices ruled steady at previous levels at Rs 7,450 (un-garbled) and Rs 7,850 (MG 1).
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