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Spot pepper prices continued to stay hot on tight availability amid good demand from exporters. Supply of high bulk density pepper has become very thin, trade sources said. On the terminal market, 17 tonnes were traded . Leading exporters were actively covering whatever material arrived at the market. “Exporters are active buyers against their pending commitments” market sources told BusinessLine . However, domestic market continued to stay silent, they said. In the world market Vietnam is reportedly not a seller now. US buyers are on wait-and-watch mode anticipating sales from Indonesia of its new crop after the Ramadan holidays. Spot prices moved up by ₹200 a quintal to ₹63,300 (ungarbled) and ₹66,300 (garbled). All the active contracts on the IPSTA platform continued to stay steady. Export prices were at $10,800 a tonne c&f for Europe and $11,050 for the US.
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