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Spot pepper prices on Monday moved up on tight availability amid good demand. No sellers were ready to part with their produce at prices below ₹705 a kg, market sources said. In Chennai, Sri Lankan 520-525 GL pepper being offered at ₹675- 690 a kg. Both are available in Delhi at ₹650-675 a kg, they said. On the terminal market 7.5 tonnes from the high ranges were sold at ₹705 a kg. Spot prices moved up by ₹100 a quintal to close at ₹69,100 (ungarbled) and ₹72,100 (garbled) a quintal. July, August and September contracts on the IPSTA stayed steady at ₹72,000, ₹71,000 and ₹69,000 a quintal. Export prices were at $10,900 a tonne c&f for Europe and $11,150 a tonne c&f for US. G K Nair
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