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Spot Pepper Rules Steady Amid Sluggish Trading Activities

13 Aug 2019 6:31 pm
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MUMBAI (Commoditiescontrol) – The spot pepper on Tuesday ruled steady amid sluggish trading activities because of the flood situation in several parts of the country.

On the terminal market 14 tonnes of pepper arrived from the high ranges of Kerala and that were traded at Rs 340 a kg. Interstate dealers have bought it.

There are said to be some demand pouring in for heavy pepper, market sources said.

Spot prices remained unchanged at Rs 33,300 (ungarbled) and Rs 35,300 (garbled) a quintal.

Indian parity in the international market has dropped to $5,150 a tonne c&f  for Europe and $5,400 a tonne c&f for USA, following weakening of the rupee against the dollar.

(By Commoditiescontrol Bureau) 

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