Commodities

Pepper, jeera decline on reduced offtake

PTI New Delhi | Updated on September 10, 2011

pepper

Black pepper and jeera prices fell by up to Rs 200 a quintal in the national capital on Saturday on reduced offtake by retailers and stockists due to slow down in demand in the domestic markets.

Adequate stocks in the market following increased arrivals also kept pressure on the prices. Weak trends at futures market and subdued export demand also put pressure.

Black pepper prices declined up to Rs 200 to conclude at Rs 32,000-34,000 a quintal. Jeera common and best quality also fell by Rs 100 each to conclude at Rs 15,400-15,700 and Rs 17,700-17,900 a quintal.

Marketmen said subdued domestic and export demand against adequate stocks also put pressure on pepper and jeera prices on the wholesale kirana market here.

Ajwain 16,500-23,000, black pepper common 32,000-34,000, betelnut (kg) 110-120, cardamom brown-Jhundiwali (kg) 940-1,040,and cardamom brown-Kanchicut (kg) 1,125-1,225.

Cardamom small (kg): Chitridar 520-550, cardamom (colour robin) 540-590, cardamom bold 550-590, cardamom extra (bold) 740-840 and cloves (kg) 950-1,000.

Published on September 10, 2011

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