Comments
Spot pepper prices ruled steady on Monday despite selling pressure. The arrivals soared and stood at 132 tonnes today and the entire quantity was traded. The materials arrived from Kodagu region, Wayanad’s Pulpally and Bathery, High Ranges of plains of Kerala. Leading exporters were aggressively buying. They were also covering directly from the primary markets in Kerala, market sources told BusinessLine. Singapore and Vietnam exporters were reportedly offering MG 1 at $10,100 a tonne, they claimed. Spot prices stayed flat at ₹60,000 (ungarbled) and ₹63,000 (garbled) a quintal. June, July and August contracts on the IPSTA platform went up by ₹500 a quintal to ₹63,000 each respectively. Export prices were at $10,400 a tonne c&f for Europe and $10,650 for the US.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.