Mixed trend in pepper

GK Nair Kochi | Updated on January 12, 2018 Published on February 13, 2017

Pepper markets witnessed a mixed trend with the spot falling while the futures remained unchanged.

Arrivals continued to stay on moderately higher levels. On the terminal market, 27 tonnes were traded at ₹560-610 a kg. Quality woes have been keeping the prices at lower levels, market sources told Business Line. Interstate dealers were the buyers.

Spot prices fell further by ₹200 a quintal to close at ₹59,400 (ungarbled) and ₹62,400 (garbled).

February and March contracts on the IPSTA remained unchanged at ₹61,000 and ₹60,000 a quintal.

Export prices were at around $9,600 a tonne c&f for Europe and $9,850 for the US.

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Published on February 13, 2017
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