Pepper stays steady

GK Nair Kochi | Updated on January 19, 2018 Published on February 05, 2016

Pepper markets on Friday ruled steady on matching demand and supply. On the terminal market, 30 tonnes of exchange released pepper were traded at ₹615-617 a kg and seven tonnes of high range pepper at ₹610.

Exporters were buying at $9,350 a tonne for shipping out to their own processing facilities in Vietnam, at a time when Vietnam was offering V Asta at $8,375.

Spot prices remaine unchanged at ₹60,400 (ungarbled) and ₹63,400 (garbled) a quintal. February and March contracts on the IPSTA remained steady at ₹61,500 and ₹60,000 a quintal. Export prices were at $9,350 a tonne c&f for Europe and $9,600 for the US.

Published on February 05, 2016
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