Friday, April 12, 2013

EPIC AGRI COMMODITY UPDATE:PEPPER

Pepper trading range for the day is 35348-35988.
Pepper edged down due to sluggish exports, expectation of higher output and supplies from the new season crop.
Better crop expectations from Indonesia and Sri Lanka and better crop and stock levels in Vietnam have also prevented rates from rising
Pepper arrivals increased to 720 quintals from 570 quintals and offtakes jumped to 750 quintals from 600 quintals.
Spot pepper gained 169.2 rupees to 36415.35 rupees per 100 kg in Kochi market.

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