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Spot pepper prices moved up on Tuesday on good buying support. Inter-State dealers were covering. But supply remained tight because of selective plucking by growers. Buyers were there for high bulk density material but it was not available, trade sources said.
On the terminal market, 17 tonnes arrived and were traded at prices ranging between ₹625 and ₹640 a kg. Spot prices moved up by ₹200 a quintal to ₹62,700 (ungarbled) and ₹65,700 (garbled).
January, February and March contracts on IPSTA remained steady at ₹67,000, ₹60,500 and ₹58,000. Export prices were at $10,150 a tonne c&f for Europe and $10,400 for the US.
In the international markets, Vietnam was offering V Asta at $8,375; 550 GL at $8,050 and 500 GL at $7,800. Indonesia was offering L Asta at $8,500, while Brazil quoted B Asta at $8,375.
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