Pepper on a slide

GK Nair Kochi | Updated on January 12, 2018 Published on February 10, 2017

Pepper markets witnessed further fall on selling pressure, trade sources told BusinessLine. High Range pepper was traded at ₹610-615 a kg. On the terminal market, 18 tonnes were traded. Spot prices fell further by ₹300 a quintal to ₹59,900 (ungarbled) and ₹62900 (garbled).

February and March contracts on the IPSTA lost ₹1,000 a quintal each to ₹61,000 and ₹60,000 respectively. Export prices were at $9,550 a tonne c&f for Europe and $9,800 for the US.

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Published on February 10, 2017
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