Monday, April 15, 2013

EPIC AGRI COMMODITY UPDATE: PEPPER

Pepper trading range for the day is 35410-36040.
Pepper gained as depleting stocks and thin supplies supported prices but upside was limited due to sluggish exports
Volumes are very thin in pepper trade and demand is also not strong enough to support prices.
Pepper seen pressure on the back of reports of strong export sales from the leading exporter and producer Vietnam.
Spot pepper dropped -169.7 rupees to 36268.75 rupees per 100 kg in Kochi market.

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