• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth
• Events 2007

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

G. K. Nair

Kochi, Jan. 28 Pepper futures market on Monday declined on bearish activities and reported arrival of imported material from Indonesia contracted earlier under advance licence.

Investors were selling futures and buying exchange delivered material while processor-dealers were covering from the primary markets. Indian parity continues to remain competitive. Indonesia, though have limited stocks, was offering at Indian parity levels. Brazil continues to remain the cheapest source at $3,600 a tonne (f.o.b.).

February contract on NCDEX dropped by Rs 138 a quintal on Monday to close at Rs 14,381.

The fall in other contracts was from Rs 133 to Rs 271 a quintal. On NMCE, February contract fell by Rs 180 a quintal to Rs 14,230. Spot prices also in tandem with the futures market trend declined by Rs 100 a quintal on Monday to close at Rs 13,600 (un-garbled) and Rs 14,200 (MG 1).

More Stories on : Spices & Condiments

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
SABMiller promoting barley farming

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line