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Spot pepper on Monday stayed unchanged on limited activities. Those who were showing interest to cover were looking for only lower grade material, market sources told BusinessLine .
On the terminal market, 46 tonnes of pepper arrived and that were all traded between ₹630 and ₹640 a kg. Rajkumari (Idukki) pepper was traded at ₹645 while the High Range went for ₹640.
Pulpally and Battery (Wayanad) pepper went for ₹630-635. Semi-processed pepper was at ₹630. Spot prices stayed steady at ₹62,000 (ungarbled) and ₹65,000 (garbled) a quintal. Active futures June, July and August on the IPSTA platform fell by ₹1,000 a quintal each to ₹65,506. Export prices were at $10,500 a tonne c&f for Europe and $10,750 for the US.
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