Mixed trend in pepper

G. K. Nair Kochi | Updated on August 02, 2013 Published on August 02, 2013

Pepper futures showed a mixed trend on Friday as activities were limited. . Sept contract decreased while Oct increased.

On the spot, no activities were reported.The market was sluggish, market sources said. On the spot, five tonnes arrived and were traded at Rs 390 a kg.

On the NMCE, Aug and Sept contracts decreased by Rs 31 and Rs 361 respectively to Rs 41,200 and Rs 41,350.

October increased by Rs 205 to Rs 41,630.

Total turnover went up by 37 tonnes to 76 tonnes. Total open interest increased by 23 to 88 tonnes. Spot prices remained unchanged at Rs 39,000 (ungarbled) and Rs 41,000 (garbled) on limited activities.

Indian parity in the international market was at $7,925 a tonne (c&f) Europe and at $7,175 a tonne (c&f) US.

Published on August 02, 2013
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