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Spot pepper prices moved up on tight availability of high bulk density pepper amid good demand. No selling pressure was seen in the primary markets of Kerala and Karnataka, trade sources said. On the terminal market, only 30 tonnes of pepper were traded today. The material was said to be semi-processed Kodagu mixed pepper. Exporters continued covering whatever material available. Meanwhile, domestic demand continued to stay slack and that in turn was helping the exporters with available material to some extent, market sources told BusinessLine . Pulpally, Bathery (Wayanad) pepper was traded at ₹640/kg while that of High Ranges at ₹645. Buyers were demanding ₹650 and semi-processed pepper was traded at ₹640. Spot prices moved up by ₹300 a quintal to ₹62,900 (ungarbled) and ₹65,900 (garbled). Active contracts on the IPSTA platform remained unchanged. Export prices were at $10,700 a tonne c&f for Europe and $10,950 for the US.
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