Pepper prices at the benchmark Kochi market were quoted at slightly lower rates due to reduced offtakes at the domestic market.

Pepper Futures traded in sideways to up manner since the beginning of the session and touched a high of 13178 and settled positively on Thursday.

Lacklustre demand continues to prevail in the overseas as the buyers are following a wait and watch stance.

Spread between March and April contract is at 270. Black Pepper stocks in the NCDEX warehouse stood at 2712 mt as on 10th March,2010.

Courtesy: Angel Commodities

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