Commodities

Pepper rules steady

GK Nair Kochi | Updated on August 01, 2014 Published on August 01, 2014

Pepper prices, in spot and futures, remained steady on sluggish activities on Friday. There was neither any arrival nor any offtake on Friday, market sources told BusinessLine.

According to them, domestic demand in the upcountry markets are currently met by imported pepper from Sri Lanka and Vietnam at ₹740 a kg.

They said availability in the local markets here are virtually very thin. Spot prices remained steady at ₹72,000 for ungarbled and ₹75,000 for garbled a quintal. Export prices were down at $12,800 a tonne (c&f) for Europe and $13,050 for the US following depreciation of the rupee on Friday.

Published on August 01, 2014
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