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Mixed Trend In Pepper Markets

17 Feb 2017 6:03 pm
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The pepper markets witnessed a mixed trend with the spot remaining steady while the futures moving up on Friday.

Slow down in selling by farmers following enquiries from buyers has kept the activities limited today. 22 tonnes traded earlier for dispatch by parcel train were reportedly delivered today and no fresh selling was taking place, trade sources said.

The 22 tonnes were traded at Rs550- Rs575- Rs590 a kg depending upon the quality and the area of production.
Spot prices stayed unchanged at Rs58,200 (ungarbled) and Rs61,200 (garbled) a quintal.

Running contract March on the single commodity exchange, IPSTA increased by Rs1,000 a quintal to close at Rs58,000 a quintal.

Indian parity in the international markets was at $9,375 a tonne cf for Europe and $9,625 a tonne cf for USA.

(By Commoditiescontrol Bureau; +91-22-40015533)


       
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