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Commodity News |
HeadLine : |
Pepper released by exchanges pulls down spot prices |
Date : |
May 29 2017 |
Release of pepper held in exchange warehouses for long pulled spot pepper prices down further on Friday Release of pepper held in exchange warehouses for long pulled spot pepper prices down further on Friday, market sources told BusinessLine. On the terminal market 10 tonnes were traded. Spot prices declined further, by ?100 a quintal, to close at ?49,100 (ungarbled) and ?51,100 a quintal (garbled).June and July contracts on the IPSTA were steady at ?52,000 a quintal each.Indian export prices were at $8,150 a tonne c&f for Europe and $8,400 a tonne c&f for the United States.
Source: Business Line
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