Pepper gains on short supply

GK Nair Kochi | Updated on January 20, 2018 Published on May 17, 2016

Spot pepper prices gained marginally on good buying support amid tight supply. On the terminal market, 23 tonnes were traded at ₹695-708 a kg. Rajkumari pepper traded at ₹710. Spot pepper moved up by ₹100 a quintal to ₹69,700 (ungarbled) and ₹72,700 (garbled). June, July and August contracts on the IPSTA remained unchanged at ₹71,000, ₹70,000 and ₹69,000 a quintal. Export prices were at $11,000 a tonne c&f for Europe and $11,250 for the US.

Published on May 17, 2016
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