Pepper futures seesawed directionless for the day and ended with a weak note since buyers and seller waited for clear indication to participate with the momentum.

Spot activities in pepper were limited due to “Sree krishna Jayanthi “and prices remained unchanged at Rs 19900 per quintal.

Indian parity price in the international market traded around $4450 per ton coming closer to the rates offered by other major producers.

Pepper harvest in Indonesia has almost completed and as per field survey conducted by IPC, pepper produce from Lampung during the current season is estimated around 22000 metric tons.

Vietnam exports to the US had increased 58 percent and to Germany 56 percent.

Courtesy: Geojit Comtrade Limited

Get Trading Tips that suits your profile

Post your comment  (0)

Connect:

Post to Twitter

Post to Facebook