Upsurge in arrivals drags pepper

GK Nair Kochi | Updated on January 12, 2018 Published on February 08, 2017


Continued upsurge in arrivals pulled down pepper prices on Wednesday. Both spot and futures prices fell further. On the terminal market, 51 tonnes were traded at ₹590-620 a kg.

Spot prices fell further by ₹400 a quintal to ₹60,500 (ungarbled) and ₹63,500 (garbled). February and March contracts on the IPSTA also lost ₹1,000 a quintal each to ₹63,000 and ₹62,000 respectively. Export prices were at $9,650 a tonne c&f for Europe and $9,900 for the US.

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Published on February 08, 2017
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