Login ID:
Partner Login
Contact Us : 7066511911

Downtrend Continues In Spot Pepper On Increased Supply

11 Jul 2018 5:54 pm
 Comments 0 Comments  |  Comments Post Comment  |  Font Size A A A 

MUMBAI (Commoditiescontrol) - The spot pepper prices continued its downward trend on Wednesday on increased availability of imported pepper at lower rates.

According to trade sources here 23 tonnes of imported pepper were traded today at the terminal market at Rs 330 a kg delivered in Mumbai.

Kerala and Tamil Nadu based importers were bringing in pepper from Vietnam and Sri Lanka along with other spices, they alleged.

End users were buying the imported pepper, they said. At the same time, upcountry markets are flooded with imported pepper smuggled into the country via borders with Nepal, Bangladesh and Myanmar , they said.

Spot prices fell by Rs 200 a quintal to close at Rs 32,700 (ungarbled) and Rs 34,700 (garbled) a quintal.

Indian parity in the international markets was at $5,275 a tonne c&f for Europe and $5,525 a tonne c&f USA.

(By Commoditiescontrol Bureau; +91-22-40015567)

  Rate this story 1 out of 52 out of 53 out of 54 out of 55 out of 5 Rated

   Post comment
Comment :

Note : This forum is moderated. We reserve the right to not publish and/or edit the comment on the site, if the comment is offensive, contains inappropriate data or violates our editorial policy.
Name :  
Email :  

Top | Post Comment  

Latest Market Commentary
Spot Pepper Rules Steady
Steady Trend Persists In Nutmeg And Mace Markets
India Spices Export Offer Price - July 13
Major Turmeric Markets Closed For Amavasya; Flat Elsewh...
Steady Trend In Coriander Continues
Top 5 News
DJ Global Commodities Roundup: Market Talk
DJ Global Energy Roundup: Market Talk
DJ Rio Tinto's Stake-Sale Cash May be Headed for C...
*DJ Metals X Price Target Cut 9% to A$1.00/Share by Mac...
*DJ CORRECT: Metals X Price Target Cut 8.3% to A$1.10/S...
Top 5 Special Reports
Jeerna Unjha-Accumulate
Dhaniya Kota- Down Trend Continue With Volatility
Turmeric Nizambad- Breakout Above 7850 Will Confirm Br...
Weekly: Chana Posts Strong Gains; Urad, Moong Plunge
Weekly: ICE Cotton Jumps On USDA Estimates, But Volatil...
Copyright © CC Commodity Info Services LLP. All rights reserved.