Pepper arrivals dip on lower prices

GK Nair Kochi | Updated on January 12, 2018 Published on February 14, 2017


Pepper arrivals shrunk on Tuesday as farmers were showing some resistance to sell following the continuous fall in the prices, market sources told BusinessLine. As a result, the arrivals at the terminal market today were at 15 tonnes and that were traded at ₹555-600 a kg. Spot prices fell further by ₹300 a quintal to ₹59,100 (ungarbled) and ₹62,100 (garbled). February contract on the IPSTA remained unchanged at ₹61,000 a quintal, while March series lost ₹1,000 to ₹59,000. Export prices were at $9,450 a tonne c&f for Europe and $9,700 for the US.

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Published on February 14, 2017
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