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Our Bureau

Ahmedabad April 20 Pepper futures has set a new record in intra-day trading of Rs 457.09 crore at the National Multi-Commodity Exchange (NMCE) last week, improving upon its earlier record of Rs 340.44 crore turnover in a single day on February 1.

The daily turnover of pepper at NMCE usually ranges between Rs 100 crore and Rs 200 crore, but it had crossed the Rs 300-crore mark in early February and the Rs 400-crore mark for four consecutive days through Monday to Thursday last week, peaking to Rs 457.09-crore on April 10, according to a release here.

May series

The most traded May series in pepper went down by Rs 716 on a single day to close at Rs 14,582 on April 17 and had gone up by Rs 823 to end at Rs 15,283 on April 9, the range reflecting the volatility of the commodity and vibrancy of the market.

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