Comments
Spot pepper prices continued to remain steady while the futures have shown an uptrend on Friday. Likely overseas demand in the coming days is attributed to the uptrend in the futures, market sources told BusinessLine. They said exporters were, therefore, buying aggressively from Karnataka low bulk density 500 GL pepper. moved into the upcountry markets were now finding their way to Kerala, trade sources here claimed. Availability of high bulk density physical pepper is very much limited, they said. Pulpally and Bathery pepper was traded at ₹620-625 a kg while the High Range material was being traded at ₹630-635. On the terminal market, 72 tonnes of pepper arrived and traded. Spot prices were steady at ₹61,000 (ungarbled) and ₹64,000 (garbled) a quintal. June, July and August contracts on the IPSTA platform increased further by ₹500 to ₹65,000 for each contract. Export prices were at $10,425 a tonne c&f for Europe and $10,675 for the US.
Comments
COMMENT NOW
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.