Comments
The pepper markets continued to stay easier on Monday on limited activities. Inter-state dealers were buying directly from the primary markets at terminal market prices and that in turn has squeezed the activities on the terminal market, trade sources told Business Line .They were buying from the doorsteps of growers/dealers at ₹620-625 a kg, they said.
Availability is limited in the Malabar region where low bulk density material traded at ₹610-₹615 a kg in Malappuram and Kannur districts, they said. On the terminal market 37 tonnes were traded. Spot prices slipped by ₹100 a quintal to close at ₹61,400 (ungarbled) and ₹64,400 (garbled) a quintal. March contract on the IPSTA fell by ₹1,000 a quintal to close at ₹63,500 a quintal. Indian export prices were at $9,500 a tonne c&f for Europe and $9,750 a tonne c&f for US.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.